Kraken Robotics Stock Price, News & Analysis

Kraken Robotics Inc. (OTCQB: KRKNF, TSX.V: PNG) is a marine technology company focused on transforming subsea intelligence through advanced sensors, power solutions, and robotic systems. According to the company, its products and services are designed to help clients address challenges in the ocean environment safely, efficiently, and sustainably. Kraken operates in the broader manufacturing sector and is associated with high-resolution subsea imaging and related technologies.

Core business and technology focus

Kraken states that it provides complex subsea sensors, batteries, and robotic systems, with a particular emphasis on high-resolution 3D acoustic imaging. Its technology portfolio includes synthetic aperture sonar (SAS), sub-bottom imaging, and LiDAR systems, which the company describes as offering high-resolution data for applications related to ocean safety, underwater infrastructure, and seabed geology. Kraken also highlights pressure tolerant batteries that deliver high energy density power for uncrewed underwater vehicles (UUVs) and subsea energy storage.

The company notes that its solutions are used across defence, offshore energy, and marine research applications, and that its technology is intended to support missions such as mine countermeasure operations, harbour and port survey, and critical underwater infrastructure inspection. Kraken describes its SAS as capable of imaging and bathymetric mapping simultaneously, with higher resolution and range compared to traditional sidescan sonar.

Key products

In its public communications, Kraken identifies several named product lines and services:

• Kraken Synthetic Aperture Sonar (SAS) – A sonar technology that, according to Kraken, delivers significantly higher resolution and range than traditional sidescan sonar and supports applications ranging from mine countermeasures and port and harbor security to infrastructure integrity surveys and broad area habitat mapping campaigns.
• KATFISH – An actively stabilized towed SAS system (towfish) that Kraken states delivers ultra-high-resolution data. The KATFISH system is used for real-time, high-resolution seabed imaging and has been deployed on various platforms, including uncrewed surface vessels (USVs) and uncrewed underwater vehicles for defence and commercial survey missions.
• SeaPower – A pressure-neutral battery system that Kraken describes as providing high energy density at reduced weight in water compared to traditional oil-compensated batteries, supporting extended and deeper underwater operations with reduced recharging requirements.

Services and subsea intelligence offering

Kraken also outlines a range of subsea services built around its sensor and power technologies:

• LiDAR survey services – Underwater LiDAR surveys that the company states are used for measurement, inspection, diagnostics, and asset monitoring of underwater infrastructure in sectors such as offshore oil and gas, nuclear, hydroelectric, defence and security, and marine science and research.
• SAS survey services – Towed synthetic aperture sonar surveys using KATFISH, which Kraken positions as an augmentation to existing offshore energy and defence survey operations by acquiring wider swaths of higher quality data than towed sidescan sonar.
• Sub-bottom imaging services – Services using Kraken’s Sub-Bottom Imaging (SBI) technology and related systems to visualize features beneath the seabed, providing three-dimensional data on subsea lithography and potential hazards.
• Acoustic coring services – Services based on an Acoustic Corer system that uses acoustic methods for sub-seabed interrogation, producing a three-dimensional acoustic core intended to support offshore installation planning.

Subsidiary 3D at Depth

Kraken reports that it has completed the acquisition of 3D at Depth Inc., a subsea services company specializing in high-resolution LiDAR imaging and underwater measurement. 3D at Depth is described as a wholly owned subsidiary that focuses on subsea metrology and advanced underwater measurement solutions, delivering detailed three-dimensional point clouds and subsea measurement services for complex underwater environments. Kraken indicates that 3D at Depth’s LiDAR capabilities complement its SAS and sub-bottom imaging technologies.

End markets and applications

Across its disclosures, Kraken highlights that its customers include defence organizations, offshore energy companies, and marine research users. The company notes that its technologies are applied in maritime security missions, mine countermeasure operations, harbour surveys, offshore construction survey, and inspection of critical underwater infrastructure. Kraken also references use cases in offshore renewable energy, including offshore wind, where higher-resolution seabed data and efficient survey operations are important.

The company states that its SAS and SeaPower batteries are designed to be platform agnostic, with configurations intended for integration on a range of uncrewed underwater vehicle platforms from small-class systems to extra-large uncrewed undersea vehicles. Kraken also notes that its systems have been used in multinational naval exercises and by multiple navies, as well as by commercial partners in offshore energy and ocean data applications.

Geographic footprint

Kraken Robotics reports that it is headquartered in Canada and maintains offices in North America, South America, and Europe. The company states that it supports clients in more than 30 countries worldwide. In addition, Kraken has indicated that it operates a global offshore services business with activity based out of the United Kingdom and the United States through its services organization and its 3D at Depth subsidiary.

Stock information and classification

Kraken Robotics Inc. trades on the TSX Venture Exchange under the symbol PNG and on the OTCQB market under the symbol KRKNF. Based on its exchange listing and participation in microcap-focused investor conferences, Kraken is associated with the microcap segment of the public markets. The company is described in industry references as a marine technology company and is also associated with manufacturing of advanced electromechanical and electrotherapeutic apparatus through its subsea sensor and power product lines.

Positioning within marine technology

In its public materials, Kraken emphasizes that it focuses on subsea intelligence, combining 3D imaging sensors, batteries, and robotic systems to provide high-resolution data and power solutions for underwater missions. The company highlights that its technologies are intended to increase area coverage rates, improve data quality, and support more efficient and safer operations in complex underwater environments.

FAQs about Kraken Robotics Inc. (KRKNF)

• What does Kraken Robotics Inc. do?
  According to its public disclosures, Kraken Robotics Inc. is a marine technology company that provides complex subsea sensors, batteries, and robotic systems. Its portfolio includes synthetic aperture sonar, sub-bottom imaging, LiDAR systems, and pressure tolerant batteries used for defence, offshore energy, and marine research applications.
• How does Kraken describe its synthetic aperture sonar (SAS)?
  Kraken states that its synthetic aperture sonar integrates imaging and bathymetric mapping while delivering higher resolution and range than traditional sidescan sonar. The company notes that SAS is used for missions such as mine countermeasures, port and harbor security, infrastructure integrity surveys, and broad area habitat mapping.
• What is the KATFISH system?
  KATFISH is described by Kraken as an actively stabilized synthetic aperture sonar towfish system. It is designed to provide ultra-high-resolution seabed data and has been used in defence and commercial survey operations, including mine countermeasure missions and underwater infrastructure inspection.
• What is Kraken’s SeaPower battery offering?
  SeaPower is a pressure-neutral battery system that Kraken describes as delivering high energy density at reduced weight in water compared to traditional oil-compensated batteries. It is intended to support extended, deeper, and more complex underwater operations for uncrewed underwater vehicles and subsea energy storage.
• Which markets does Kraken Robotics serve?
  Kraken indicates that it serves defence, offshore energy, and marine research markets. Its technologies are used for maritime security missions, mine countermeasure operations, harbour surveys, offshore construction surveys, and inspection and monitoring of critical underwater infrastructure.
• What role does 3D at Depth play within Kraken?
  3D at Depth is a wholly owned subsidiary of Kraken Robotics that specializes in subsea metrology and high-resolution underwater LiDAR imaging and measurements. Kraken notes that 3D at Depth provides subsea measurement services and three-dimensional point cloud data that complement Kraken’s SAS and sub-bottom imaging technologies.
• Where is Kraken Robotics headquartered and where does it operate?
  Kraken states that it is headquartered in Canada and has offices in North America, South America, and Europe. The company reports that it supports clients in more than 30 countries and operates a global offshore services business that includes activities based in the United Kingdom and the United States.
• On which exchanges does Kraken Robotics trade?
  Kraken Robotics Inc. trades on the TSX Venture Exchange under the symbol PNG and on the OTCQB market under the symbol KRKNF.
• What types of services does Kraken offer in addition to products?
  In addition to its hardware products, Kraken describes a range of services including LiDAR survey, synthetic aperture sonar survey, sub-bottom imaging, and acoustic coring. These services are intended to provide detailed underwater data for inspection, measurement, and risk reduction in offshore operations.
• How does Kraken characterize its overall mission?
  Kraken consistently states that it is transforming subsea intelligence through 3D imaging sensors, power solutions, and robotic systems, with the goal of helping clients address ocean-related challenges safely, efficiently, and sustainably.