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 the oceans. The Company’s products include Kraken Synthetic Aperture Sonar (SAS), KATFISH, Launch and recovery, MINSAS, and SeaPower. Kraken SAS is a technology evolution, integrating the capability to perform imaging and bathymetric mapping simultaneously, while delivering significantly higher resolution, range, and the industry’s Area Coverage Rates (ACR). KATFISH is an actively stabilized (SAS) towfish system that delivers ultra-high-resolution data of up to 2 cm x 2 cm. The Company’s services include LiDAR Survey, SAS Survey, Sub-Bottom Imaging, and Acoustic Coring. Underwater LiDAR surveys result in comprehensive, accurate data to enable informed decision-making on underwater assets and infrastructure.

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Kraken Robotics Inc

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Comment by TruthInNumberson Jun 17, 2025 7:28pm

165 Views

Post# 36612943

RE:RE:RE:RE:Halt?

I meant business activities..

Check their LinkedIn post. They specifically mention one of the reasons for this raise is to have a stronger balance sheet to secure contracts.

The new board member + a raise with intent to increase balance sheet with the aim at winning contracts = winning more contracts.

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