STOCK TITAN

KRAKEN ROBOTICS INC - KRKNF STOCK NEWS

Welcome to our dedicated page for KRAKEN ROBOTICS news (Ticker: KRKNF), a resource for investors and traders seeking the latest updates and insights on KRAKEN ROBOTICS stock.

Kraken Robotics Inc. (TSX.V:PNG)(OTCQB:KRKNF) is a leading marine technology company specializing in providing innovative subsea sensors, batteries, and robotic systems. The company's advanced 3D acoustic imaging solutions and services enable clients to address challenges in the ocean environment efficiently and sustainably. With headquarters in Canada and offices across North and South America and Europe, Kraken Robotics is at the forefront of marine technology innovation. The company is known for its high-quality products and services that cater to a wide range of industries, including defense, offshore energy, and marine research.

Rhea-AI Summary
Kraken Robotics CEO to present at Planet MicroCap Showcase: VANCOUVER 2023, reiterates 2023 revenue guidance range of $66M to $78M (up 76% YoY at midpoint) and Adjusted EBITDA between $12M to $17M. Announced almost $40M of contracts in 2023. Existing defense programs progressing well. Strong macro demand environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.44%
Tags
none
-
Rhea-AI Summary

Kraken Robotics Inc. (OTCQB: KRKNF) announced that CEO Greg Reid and CFO Joe MacKay will attend the Planet MicroCap Showcase: VEGAS 2023. Reid will present on April 26, 2023, at 2 PM PT / 5 PM ET, followed by 1x1 investor meetings on April 27, 2023. The company reports strong demand in its primary markets, particularly in naval defense and offshore energy, indicating positive growth potential. Kraken Robotics specializes in subsea technology, offering advanced sensors, batteries, and robotic systems. The firm ranks among the Top 100 marine technology companies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
none
-
Rhea-AI Summary

Kraken Robotics Inc. (OTCQB: KRKNF) will present at the Virtual Investor Conference on April 15, 2021. CEO Karl Kenny aims to share updates on recent contracts with the Danish and Polish Navies and plans to acquire PanGeo SubSea, enhancing recurring service revenue. The live event invites investor questions, with a replay available. Kraken's pipeline is strong, focusing on mine-hunting systems and innovative underwater technologies. The conference starts at 9:30 AM ET for 30 minutes, accessible through a provided link.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
conferences

FAQ

What is the current stock price of KRAKEN ROBOTICS (KRKNF)?

The current stock price of KRAKEN ROBOTICS (KRKNF) is $0.74 as of April 16, 2024.

What is the market cap of KRAKEN ROBOTICS (KRKNF)?

The market cap of KRAKEN ROBOTICS (KRKNF) is approximately 159.6M.

What does Kraken Robotics Inc. specialize in?

Kraken Robotics Inc. is a marine technology company that focuses on providing subsea sensors, batteries, and robotic systems.

Where is Kraken Robotics Inc. headquartered?

Kraken Robotics Inc. is headquartered in Canada.

What are the key products offered by Kraken Robotics Inc.?

Kraken Robotics Inc. offers high-resolution 3D acoustic imaging solutions and services that enable clients to overcome challenges in the ocean environment.

In which industries does Kraken Robotics Inc. operate?

Kraken Robotics Inc. operates in various industries, including defense, offshore energy, and marine research.

Where are the offices of Kraken Robotics Inc. located?

Kraken Robotics Inc. has offices across North and South America and Europe.

KRAKEN ROBOTICS INC

OTC:KRKNF

KRKNF Rankings

KRKNF Stock Data

159.61M
237.40M
12.03%
7.78%
Scientific & Technical Instruments
Technology
Link
United States of America
Mount Pearl