Kraken Robotics Inc. (KRKNF)
OTCQB OTCQB Primary Summary
Kraken Robotics: The Deep Tech Defense Play Most Investors Are Missing
Kraken reported Q3 revenue up 60% to CA$31.3M with 59% margins, signaling accelerating defense-driven demand across NATO and Indo-Pacific regions. Anduril's US and Australian factories will produce up to 200 Dive-LD and multiple Ghost Shark units annually, embedding Kraken's batteries and sonar. Kraken's new 60,000 sq. ft. Nova Scotia facility triples battery output, supporting a record CA$31M order and 2026 full-rate production.
Kraken Robotics: The Rise Of A Subsea Titan
Kraken Robotics reported Q2 2025 revenue of $26.4 million, up 16% year-over-year, with gross margins expanding to 56%. The company reaffirmed 2025 guidance of $120–$135 million revenue and $26–$34 million EBITDA, implying strong second-half acceleration. Combined Halifax and Germany battery facilities provide $200–$250 million annual capacity, supporting rapid growth in subsea power systems.
Kraken Robotics: Riding On SAS, Which Is Revolutionizing Underwater Robotics
Kraken Robotics Inc. (KRKNF) is well-positioned for growth, driven by surging orders for its Synthetic Aperture Sonar (SAS) and subsea batteries. KRKNF benefits from heightened global demand for underwater security, following recent submarine cable crises and increased defense sector investment in undersea infrastructure protection. Strong revenue momentum, premium valuation, and a projected 40% FY2025 revenue growth justify a bullish outlook, despite recent profitability headwinds.
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Kraken Robotics Inc. Profile
| Electronic Equipment, Instruments & Components Industry | Information Technology Sector | Mr. Greg Reid C.A., CPA CEO | OTCQB Exchange | CA50077N1024 ISIN |
| US Country | 244 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Kraken Robotics Inc. is a leading marine technology company specialized in the design, manufacture, and sale of advanced sensors, batteries, and underwater robotic equipment intended for use on unmanned underwater vehicles across both military and commercial sectors. Operating through its two segments, Sensors and Platforms, and Power, Kraken Robotics delivers innovative solutions to challenges faced in underwater exploration and data collection. The company has expanded its reach beyond its Canadian roots, establishing operations in the United States, Europe, and other international markets. In a notable development, Kraken Robotics transitioned from its previous incarnation as Kraken Sonar Inc. to its current name in September 2017, reflecting its broader focus on robotic technology. This rebranding underscores its headquarters in Mount Pearl, Canada, and its commitment to advancing the field of marine technology through strategic research and development partnerships, such as its agreement with the Naval Undersea Warfare Center Division for advancing synthetic aperture sonar technologies.
Products and Services
- AquaPix Miniature Interferometric Synthetic Aperture Sonar (MINSAS): A configurable sonar solution designed for detailed underwater mapping, AquaPix MINSAS stands out for its high-resolution imaging capabilities, making it an essential tool for seabed exploration.
- SeaVision: Kraken's underwater laser imaging system, SeaVision, enables precise, real-time visualization of subsea environments. This advanced optical technology is crucial for inspection and survey tasks where clarity and accuracy are paramount.
- Kraken Active Towed Fish (KATFISH): An innovative towed underwater vehicle, KATFISH is engineered for high-speed, high-resolution seabed mapping. Its agility and precision in capturing seabed imagery revolutionize how underwater surveys are conducted.
- ThunderFish: As an autonomous underwater vehicle, ThunderFish is designed for versatility and endurance in underwater exploration missions. This vehicle incorporates leading-edge technologies to navigate, map, and collect data in challenging subsea environments.
- Autonomous Launch and Recovery System (ALARS): ALARS is an essential system for ensuring the safe deployment and recovery of unmanned vehicles and their payloads to and from a host ship. Its role is vital in operations extending the reach and capabilities of underwater robotics.
- Pressure Tolerant Components: Kraken designs and manufactures an array of pressure-tolerant components, including thrusters, drives, batteries, battery management systems, and electronics. These high-performance components are key to the durability and efficiency of underwater vehicles in deep-sea conditions.
- Robotics as a Service: Beyond products, Kraken provides robotics as a service, offering clients access to cutting-edge underwater robotic technology and expertise. This service model facilitates the deployment of advanced robotics solutions for a variety of marine applications without the need for clients to invest in expensive equipment.
Contact Information
