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 > Kraken Robotics Q3 profit hit by higher financing costs

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Comment by ITSUP2MEon Nov 22, 2024 12:55pm

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Post# 36326260

RE:RE:Kraken Robotics Q3 profit hit by higher financing costs

52M equity financing and a sp raise of $2.50 by Canacord....won't happen until after the "Cormark shorters" bring it down to $1.60

Hope it doesn't for the "longs" However we've all seen this scenario play out before with spec stocks and Kraken is no different from the rest...gltal

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