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.
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Kraken Robotics (PNG.V) said Thursday it closed its C$615-million acquisition of Covelya Group. W
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Kraken Robotics’ (USOTC:KRKNF) new agreement with SEFINE SISAM centers on integrating its KATFISH sonar platform into autonomous mission systems and advancing automatic target recognition capabilities for maritime defense operations. Key Investor TakeawaysKraken Robotics signed an MOU with Türkiye-based SEFINE SISAM focused on autonomous seabed warfare and mine countermeasure technology.
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...
These two businesses will be vital assets in the future of warfare.
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%,...
Kraken Robotics (TSXV:PNG) announces approximately $24 million in new defence orders across multiple clients in five countries. The company reports fresh commercial wins alongside these defence contracts, broadening its revenue mix. Kraken agrees to acquire Covelya Group Limited, aiming to build a larger dual use subsea technology platform. The Covelya deal is positioned to expand Kraken’s product offering, geographic reach, and customer access. Kraken Robotics focuses on subsea sensors,...
Kraken Robotics (PNG.V) after trade Tuesday said it agreed to acquire underwater-technology company