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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.


TSXV:PNG - Post by User

Kraken Robotics Inc > Kraken Robotics Receives $13 Million of Subsea Battery Order
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Post by Betteryear2on Oct 16, 2024 7:46am
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Post# 36267691

Kraken Robotics Receives $13 Million of Subsea Battery Order

Kraken Robotics Receives $13 Million of Subsea Battery OrderST. JOHN'S, Newfoundland and Labrador, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. ("Kraken" or the "Company") (TSX-V: PNG, OTCQB: KRKNF) announces that it has received orders totalling $13 million for SeaPowerTM subsea batteries from existing clients. Rated for depths up to 6,000 meters, Kraken’s subsea batteries provide up to twice the energy density and weigh 46% less per kWh than traditional pressure-housed batteries.

Kraken Robotics Receives $13 Million of Subsea Battery (globenewswire.com)
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