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

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Post by NLMooseon Aug 30, 2024 1:09pm

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Post# 36203053

Is Kraken Facing Robin Hood Effect All Over Again?

Early this week, Kraken Robotics started to show some promise as it climbed as high as $1.67 a share, a new record.

Things were looking so great for Kraken Robotics, but it lost most of its gains this week as it only went up a measly two cents a share from last week to $1.49 a share.

Let's hope its not another "Robin Hood Effect" when a share price suddenly went up and then crashes down to earth.

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