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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Post by Possibleidiot01on Jun 18, 2025 6:14am

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Post# 36613155

THE BIG TIME

"Kraken expects the net proceeds of the Offering will be used to support the Company’s transition into a scalable global prime contractor, including: (1) enhancing the ability to consider larger accretive acquisitions particularly in the US and EU given the Company’s strengthened global profile (2) demonstrating a stronger balance sheet when bidding for larger governmental and commercial contracts and (3) for general corporate purposes."

Taking the shot IMO

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