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 > Insider sold shares

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Comment by sorrensonon Sep 06, 2024 1:46pm

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Post# 36212141

RE:Insider sold shares

He still has over 800K and why the heck shouldnt he take some profits

Sinister wrote:

Kraken Robotics

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Executive VP & CTO recently sold CA$224k worth of stock

On the 30th of August, David Shea sold around 143k shares on-market at roughly CA$1.57 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade.

This was the largest sale by an insider in the last 3 months.

Insiders have been net sellers, collectively disposing of CA$126k more than they bought in the last 12 months.