Kraken Robotics
Highly Engaged Employees
Highly Engaged EmployeesManufacturing · Canada · 201-500 Employees
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Overview
Headquarters
189 Glencoe Dr, Mount Pearl, Newfoundlan...Phone Number
(709) 757-5757Website
www.krakenrobotics.comRevenue
$73.8 MillionStock Symbol
PNGIndustry
ZI Rank: 1
Signal Type
Jan
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Jun
ZI Rank
7
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About Kraken Robotics
Kraken Robotics is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries and thrusters, and underwater robotic systems. The company is headquartered in Newfoundland, Canada, and has offices around the world.Explore more
Kraken Robotics Org Chart
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KD
Director, Product Introduction & Improvement
GS
Director, Software Management
JC
Director, Engineering
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Number of Employees
Type
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Founded In
Company Profile Activity
Activity Insights
Kraken Robotics is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Kraken Robotics is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Kraken Robotics.
Kraken Robotics financials insights
Gather financial insights about Kraken Robotics, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2019
Other Financing Round
$1.8M
2020
Share Placement
$10M
2024
Share Placement
$20M
Kraken Robotics Tech Stack
A closer look at the technologies used by Kraken Robotics
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Most Recent Scoops
Earnings
Kraken Robotics has provided fiscal 2026 standalone guidance of CAD 165 million to CAD 175 million in revenue and CAD 40 million to CAD 50 million in adjusted EBITDA, representing over 65% annual revenue growth and approximately 80% EBITDA growth at the midpoint, with updated guidance to follow upon closing of the Covelya acquisition.
Earnings, Acquisitions, Finance
Earnings
Kraken Robotics has reported strong product orders of approximately CAD 97 million for fiscal year 2025, reflecting continued adoption of underwater vehicles and an expanding customer base.
Product Management
Earnings
Kraken Robotics has reported Q1 2026 product revenue growth of 50% organically compared to the prior year period, driven by continued momentum in battery and SAS product lines.
Earnings, Finance
Person-Based
Acquisitions
Person-Based
Earnings, Financial Reporting, Finance
Kraken Robotics News & Media
Kraken Robotics Announces Closing of Strategic Acquisition of Covelya Group Limited, Updated 2026 Guidance and Appointments to Executive Team
Accretive Acquisition Accelerates Growth Potential and Positions Kraken as a Global Provider of Mission-Critical Subsea Intelligence Solutions for Maritime Security and Offshore Energy Accretive Acquisition Accelerates Growth Potential and Positions Kraken as a Global Provider of Mission-Critical Subsea Intelligence Solutions for Maritime Security and Offshore EnergyKraken Robotics Announces Regulatory Approval of its Acquisition of Covelya Group
ST. JOHN'S, Newfoundland and Labrador, June 18, 2026 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that the Company has received all regulatory and stock exchange approvals required to complete its pending acquisition of Covelya Group Limited (“Covelya Group”) announced on March 3, 2026.Kraken Robotics Reports Q1 2026 Financial Results with 35% Year-Over-Year Revenue Growth and Reiterates 2026 Guidance
ST. JOHN’S, Newfoundland and Labrador, May 28, 2026 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF), has filed its financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Please refer to the unaudited consolidated financial statements and management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2026, filed on SEDAR+ at www.sedarplus.ca, for more information. Unless otherwise specified, all dollar amountsKraken Robotics’ (KRKNF) Seabed Warfare Partnership Expands With KATFISH Integration Deal in Türkiye
Kraken Robotics’ (USOTC:KRKNF) new agreement with SEFINE SISAM centers on integrating its KATFISH sonar platform into autonomous mission systems and advancing automatic target recognition capabilities for maritime defense operations. Key Investor TakeawaysKraken Robotics signed an MOU with Türkiye-based SEFINE SISAM focused on autonomous seabed warfare and mine countermeasure technology.
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Frequently Asked Questions Regarding Kraken Robotics
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Kraken Robotics is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries and thrusters, and underwater robotic systems. The company is headquartered in Newfoundland, Canada, and has offices around the world.... Read More
