1Mo·

Kraken Robotics expands battery production in the face of rising demand

Kraken Robotics (TSXV:PNG) has received orders worth $34 million from three customers for its pressure-tolerant SeaPower batteries.

The company is also preparing to open a new $10 million battery manufacturing facility in Nova Scotia by the end of 2025.

Kraken is a marine technology company that provides complex underwater sensors, batteries and robotic systems

Kraken Robotics shares are up 140.11 percent year-over-year and 345.92 percent since 2020

https://themarketonline.ca/kraken-robotics-to-expand-battery-production-as-demand-ramps-up-2025-02-26/

themarketonline.caKraken Robotics to expand battery production as demand ramps up

3 Commentaires

Anderlé MPoint@Anderle

1Mo

I already have it on my watch list for the following reasons:

+ EV / Sales (6.10)
+ Rule-of-40 Score TTM (67.29%)
+ Debt Ratio (0.34)
+ Sales Growth TTM (79.03%)
+ PEG TTM (0.05)

- Gross Margin TTM (41.07%)

However, I will only really look at it if sales rise above $100m and the fundamentals continue to look so good ✌🏼

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Marto@Maddy-0

1Mo

Do you see long-term potential here, or just a penny stock that sinks to 0 again, like 90%?

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Wettyx@Wettyx91

2Sem.

This was a company to invest in 2022, right now it's bit late

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