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KRAKEN ROBOTICS (KRKNF) Stock News, Apr 2021-Jun 2025

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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 (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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Kraken Robotics (TSX-V: PNG, OTCQB: KRKNF) has announced the launch of a synthetic aperture sonar (SAS) service for the global offshore energy market, with dedicated KATFISH towed SAS systems available for rental starting July 2025.

The KATFISH system offers real-time 3 cm x 3 cm resolution with a range of up to 200 meters per side, providing high area coverage rates. The technology delivers superior resolution compared to traditional sidescan sonar, enabling precise differentiation between manmade and natural contacts.

Operating from its Aberdeen, UK office, Kraken's global SAS services will complement its existing sub-seabed imaging services. The company completed over 20 services projects across 13 countries in 2024. The service has been selected by Offshore Renewable Energy (ORE) Catapult for its Launch Academy, providing access to testing and research programs for offshore wind industry applications.

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Kraken Robotics (TSX-V: PNG, OTCQB: KRKNF) has completed the acquisition of 3D at Depth Inc., a subsea services company specializing in high resolution LiDAR imaging and measurements. The acquisition, previously announced on March 13, 2025, makes 3D at Depth a wholly owned subsidiary of Kraken.

The merger combines Kraken's synthetic aperture sonar and sub-bottom imaging technologies with 3D at Depth's LiDAR capabilities. The company's product portfolio includes Kraken Synthetic Aperture Sonar (SAS), KATFISH towfish system offering 2cm x 2cm resolution, and SeaPower pressure-neutral battery system providing twice the energy density at 46% less weight compared to traditional batteries.

Services offered include LiDAR surveys, SAS surveys, sub-bottom imaging, and acoustic coring, serving commercial, defense, and marine research sectors.

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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.

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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.

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FAQ

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

The current stock price of KRAKEN ROBOTICS (KRKNF) is $3.0094 as of October 1, 2026.

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

The market cap of KRAKEN ROBOTICS (KRKNF) is approximately 1.1B.