Kraken Robotics Inc V.PNG

Alternate Symbol(s): KRKNF

Industrials Aerospace & Defense

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

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Post by retiredcfon Dec 21, 2024 1:34pm

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Post# 36373699

Onward and Upward

Disclosure: I own them both. GLTA

What are your thoughts about these two company's growth prospects for 2025?

VHI is expected to grow its topline by around 25% in FY2025, while PNG’s growth next year is estimated to be more than 30%. Both are really solid growth names. However, the growth engine is quite different for both. VHI’s growth is driven through acquisitions, while PNG’s growth is driven organically. Each has a different growth story, but we would be comfortable holding them both for the long term. (5iResearch)

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