News

Kraken Robotics (USOTC:KRKNF) announced $35 million in new product orders across maritime defense, offshore energy and ocean science customers, lifting its combined 2026 product orders to $327 million following the acquisition of Covelya Group. Key Investor TakeawaysKraken Robotics secured $35 million in new orders across defense, offshore energy and ocean science markets.

Kraken Robotics (PNG.V) said Thursday it closed its C$615-million acquisition of Covelya Group. W

Shares are down 33% from highs, but the company is growing like a weed.

The Week in Stocks: The Big Bank stocks that saw price target hikes after reporting earnings, other price target moves, and more

Find insight on Kraken Robotics, Dell, Shopify and more in the latest Market Talks covering Technology, Media and Telecom.

The Canadian market has shown resilience with strong corporate profits driving growth, even as it faces headwinds from higher energy prices and inflation pressures. In this environment, identifying stocks trading below their intrinsic value can offer investors potential opportunities to benefit from solid earnings performance and economic fundamentals.

The subdued market reaction suggests that Kraken Robotics Inc.'s ( CVE:PNG ) recent earnings didn't contain any...

Kraken Robotics Inc. has reported its 2025 results, showing revenue of C$102.21 million and net income of C$2.86 million, alongside approximately C$28 million in new defence and commercial orders and a change in board leadership as Shaun McEwan became chairman on April 16, 2026. Together with recent technology demonstrations of its KATFISH sonar on unmanned vessels and ongoing acquisition plans, these developments highlight Kraken’s growing role in advanced naval and subsea systems. Next,...

Kraken Robotics Inc (KRKNF) reports a robust financial performance with significant revenue growth and strategic expansions, setting the stage for a promising 2026.

Kraken Robotics (PNG.V) on Thursday announced $28 million in new orders from five clients that inclu

Kraken Robotics (TSXV:PNG) has completed a live exercise of its autonomous mine countermeasure technologies using its KATFISH sonar and launch and recovery system from an unmanned surface vessel. The event, attended by multiple navies and government agencies, highlighted real time integration of Kraken’s systems for underwater threat detection. Kraken also announced plans to acquire Covelya Group Limited, an underwater technology company, to broaden its product suite and customer base. For...

Kraken Robotics (TSXV:PNG) is back on investors’ radar after recent trading saw mixed short term performance, with a 1 day decline, a small gain over the past week, and a negative move over the past month. See our latest analysis for Kraken Robotics. That short term softness contrasts with a 24.01% year to date share price return and a very large 1 year total shareholder return. Together, these suggest strong momentum has been in place even as recent gains have cooled. If Kraken’s move has...

Why Kraken Robotics is on investors’ radar today Kraken Robotics (TSXV:PNG) has drawn fresh attention after a period of strong share price performance, with recent returns outpacing many peers and prompting investors to reassess the marine technology specialist’s valuation and growth profile. See our latest analysis for Kraken Robotics. Kraken Robotics has seen strong momentum build over multiple timeframes, with a 30 day share price return of 29.91%, a 90 day share price return of 62.44%,...