Browsing Tag
Kraken Robotics Inc.
4 posts
Kraken Robotics nearly tripled its revenue target, but one margin number changes the story
Kraken Robotics Inc. (TSXV: PNG) added C$135 million to its 2026 revenue-guidance midpoint after including Covelya, while acquisition financing increased its share base and lowered the implied adjusted EBITDA margin.
Why Kraken Robotics’ order momentum matters for PNG stock and subsea intelligence technology
Kraken Robotics’ $35 million order update strengthens PNG’s subsea defense, offshore energy and Covelya integration growth story.
What Kraken Robotics’ $24m order surge reveals about the future of autonomous naval warfare
Kraken Robotics secures $24M in defence orders across five countries. Find out how its subsea technology strategy is shaping naval markets.
Kraken Robotics Inc. announces $615m Covelya Group acquisition to scale global underwater technology business
Kraken Robotics Inc. plans a $615M Covelya acquisition and $350M capital raise to expand subsea robotics technology. Find out what this means for maritime tech markets.