(KRKNF) ST. JOHN'S, Newfoundland and Labrador, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (âKrakenâ or the âCompanyâ) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received $13 million in orders for synthetic aperture sonar (SAS) and subsea batteries. The orders are from customers based in the United States, Norway, and Turkey and include an order for 10 SAS from one customer. The Kraken SAS and SeaPower battery systems from this order will be integrated on four different types of uncrewed underwater vehicle (UUV) platforms, ranging in size from small-class to large-class.
Related Questions
What is the credit quality and repeatâbusiness potential of the customers in the US, Norway, and Turkey behind these orders?
How does Kraken's synthetic aperture sonar and subsea battery technology compare to its main competitors, and does this win signal a competitive advantage?
How will the $13âŻmillion order impact Kraken Robotics' revenue guidance and earnings estimates for the next quarter?