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 > Not a good day for Kraken Robotics

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Post by NLMooseon Apr 19, 2024 2:17pm

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Post# 35998522

Not a good day for Kraken Robotics

Not a good day for Kraken Robotics as the stock is now back to Penny Stock status.

Penny Stock is when a company's share price is below $1.00 a share.

Just when things were looking great for Kraken Robotics as its revenue and profit levels are at record high levels, now it's getting worse as the share price is not being reflective of it's performance.

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