Browsing Tag
SeaPower
2 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.