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Kraken Robotics (KRKNF) Stock News

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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. reports developments tied to subsea intelligence systems for defense, offshore energy, and marine research customers. Company news commonly covers synthetic aperture sonar, KATFISH towed SAS systems, KATFISH USV launch and recovery technology, SeaPower subsea batteries, and integrations with autonomous underwater and unmanned surface vessels.

Recurring updates include product orders, naval and maritime-security demonstrations, mine countermeasure and critical underwater infrastructure inspection applications, platform interoperability, operating and financial results, material agreements, and board or governance changes.

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Kraken Robotics (OTCQB: KRKNF, TSX-V: PNG) received all necessary regulatory and stock exchange approvals to complete its pending acquisition of Covelya Group, first announced March 3, 2026. Closing is expected on July 2, 2026, subject to customary conditions, with Kraken aiming to build a global underwater solutions leader.

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Kraken Robotics (OTCQB: KRKNF) signed a Memorandum of Understanding with SEFINE SISAM on May 6, 2026, at the SAHA exposition in Türkiye to integrate Kraken's KATFISH with SISAM mission planning software and to develop automatic target recognition (ATR) for Kraken synthetic aperture sonar.

The MOU follows an at-sea demonstration of KATFISH and SEFINE's RD-22 USV, showing rapid detection and classification of mine-like objects and underwater infrastructure in an operational environment.

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Kraken Robotics (OTCQB: KRKNF) demonstrated autonomous launch and recovery of its KATFISH towed synthetic aperture sonar from SEFINE’s RD-22 unmanned surface vessel in Q1 2026 off İstanbul, Türkiye. The system delivered 3 cm x 3 cm resolution at 200 m per side with live streaming to an onshore command center, enabling real-time classification. The same KATFISH and USV LARS were previously demonstrated from a UK Royal Navy 11-meter ARCIMS USV in November 2025, marking repeated naval integrations and modular mine countermeasure capability advances.

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Kraken Robotics (OTCQB: KRKNF) announced approximately $24 million in new defence orders on March 17, 2026, from over 10 customers across five countries, including three new defence customers.

Orders cover SeaPower batteries, KATFISH towed SAS and Kraken SAS. Manufacturing in Nova Scotia is coming online next month, expanding battery production capacity.

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Kraken Robotics (OTCQB: KRKNF) and TKMS ATLAS UK demonstrated the KATFISH USV Launch and Recovery System (USV-LARS) deployed from an 11-meter ARCIMS USV off Portland, UK on Nov 18-19, 2025.

Key validated capabilities: air-deployable autonomous towed SAS system, 300‑meter depth rating, 200‑meter per‑side SAS range, 3 cm x 3 cm real‑time data resolution, successful operation to sea state 3, and live satellite streaming to shore. Integration and demonstration were completed in about two weeks.

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Kraken Robotics (OTCQB: KRKNF) announced purchase orders totaling approximately $12 million on Dec 2, 2025 for synthetic aperture sonar (SAS) and SeaPower subsea batteries.

Customers include Teledyne Marine, Terradepth, and two navies from NATO member countries. Orders cover Kraken SAS, KATFISH towed SAS spares, and SeaPower batteries for integration on AUVs including Teledyne Gavia and SeaRaptor and Terradepth self-recharging AUVs.

The products are described as platform-agnostic and will support defence, offshore energy, and commercial maritime applications; Kraken serves customers in more than 30 countries.

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Kraken Robotics (OTCQB: KRKNF) reported a record deployment of its synthetic aperture sonar at REPMUS 2025 on Oct 14, 2025, with 10 teams using Kraken SAS—double last year—and support across seven international naval teams and three UUV manufacturers. This marks Kraken’s fourth consecutive year at REPMUS, with SAS integrated onto four UUV classes. Systems collected imagery at a constant 3 cm x 3 cm resolution, resolving mine-like objects and subsea cables down to 5 cm diameter. Kraken provided shore-side integration and data support during an exercise that included 30+ nations, 2,000 participants, and 250 autonomous assets.

This participation demonstrates multi-platform interoperability and increased operational uptake of Kraken SAS in maritime security and inspection missions.

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Kraken Robotics (OTCQB:KRKNF) has secured $13 million in new orders for synthetic aperture sonar (SAS) and subsea batteries from customers in the United States, Norway, and Turkey. The orders include a significant purchase of 10 SAS systems from a single customer.

The company's SAS and SeaPower battery systems will be integrated into four different types of uncrewed underwater vehicle (UUV) platforms. The technology offers superior area coverage rates and consistent high-resolution imaging compared to traditional sidescan sonar, making it particularly valuable for defense applications in contested areas.

The systems will be showcased at the REPMUS exercise in Portugal, where UUV platforms from over 20 participating countries will feature Kraken's technology. During last year's exercise, Kraken SAS successfully classified more than 50 mine-like objects.

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Kraken Robotics (KRKNF) has appointed Kristin Robertson, a veteran defense industry executive, to its Board of Directors. Robertson brings over 30 years of experience managing complex portfolios at major U.S. defense companies. She currently leads KBR Insights, a strategic consulting firm, and previously served as President of Space and C2 Systems at RTX Corporation from 2022-2023. Her extensive 28-year tenure at Boeing included leadership roles in military aircraft and autonomous systems, notably overseeing seabed projects like the Orca XLUUV for the U.S. Navy. Robertson holds degrees in electrical engineering and international business, and began her career as a civilian electronics engineer with the U.S. Navy. The company also announced the issuance of 3,425,000 stock options to employees and directors, with a seven-year term and four-year vesting schedule at an exercise price of $2.42.
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Kraken Robotics' subsidiary 3D At Depth has achieved a significant milestone by completing its 1,000th subsea metrology project. The latest project involved performing a LiDAR spool metrology for TotalEnergies at the Girassol oil field in Angola, at a depth of 1,350 meters. The operation demonstrated remarkable efficiency, with ROV mobilization completed in two hours, scanning completed in four hours, and deliverables provided within 24 hours.

Founded in 2011, 3D at Depth specializes in subsea measurement services using proprietary technology. The company's success highlights its commitment to innovation and precision in underwater technology, providing efficient solutions that help reduce environmental impact while maintaining high operational standards.

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FAQ

What is the current stock price of Kraken Robotics (KRKNF)?

The current stock price of Kraken Robotics (KRKNF) is $5.1335 as of June 22, 2026.

What is the market cap of Kraken Robotics (KRKNF)?

The market cap of Kraken Robotics (KRKNF) is approximately 1.6B.