Kraken Robotics Inc V.PNG

Alternate Symbol(s): KRKNF

Scientific & Technical Instruments

Kraken Robotics Inc. is a Canada-based marine technology company providing complex subsea sensors, batteries, and robotic systems. The Company’s high-resolution three-dimensional (3D) acoustic imaging solutions and services enable clients to overcome the challenges in oceans. The Company operates through two segments: Products and Services. The Products segment is engaged in the design, manufacture and sale of equipment including underwater vehicle platforms, Synthetic Aperture Sonar and subsea power equipment. Its product business consists primarily of its AquaPix MINSAS sensors, KATFISH systems, SeaPower subsea battery systems and RMDS. The Services segment is involved in the provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platforms. Its Services business consists of services provided by robotics as a service (RaaS) portfolio of equipment including its Sub-Bottom Imager, Acoustic Corer and KATFISH.

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Kraken Robotics Inc > What's going wrong at Kraken Robotics again?

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Post by NLMooseon Apr 12, 2024 1:49pm

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Post# 35986226

What's going wrong at Kraken Robotics again?

Over the last several months, things have been looking good at Kraken Robotics due to a string of great news, shooting the stock to its record high at $1.14 a share.

Things were looking great.

However, the stock is going down dramatically at 5 cents a share for no legitimate reason.

Hope Kraken Robotics is not facing any bad news to warrant such a big plunge at nearly 10% of its peak value, and the stock goes higher to its peak of $1.50 a share.

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