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Kraken Robotics Announces $13 Million in Synthetic Aperture Sonar and Battery Sales

ST. JOHN'S, Newfoundland and Labrador, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. ($PNG (+2,38 %) ; “Kraken” or the “Company”) (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.


“Many defense clients are moving toward Kraken SAS over sidescan because it offers significantly increased area coverage rates and consistent high resolution across the entire swath,” said Greg Reid, President and CEO of Kraken Robotics. “In contested areas when you only have a limited amount of time to survey, Kraken SAS ensures you are getting wide swaths of usable data to enable faster, more accurate identification of subsea hazards.”


Kraken SAS and SeaPower batteries are built to be platform agnostic, coming in several different configurations with modular components to easily integrate into existing or new platforms. This month, several UUV platforms will feature Kraken SAS and SeaPower batteries as more than 20 countries collaborate on naval missions at the Robotic Experimentation and Prototyping using Maritime Unmanned Systems (REPMUS) exercise in Portugal. Kraken SAS was used to classify more than 50 mine-like objects during the annual month-long exercise last year.

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6 Commentaires

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Is there any news? I like +13% pretty well 👍
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@Klein-Anleger1 Didn't get any investor news... blatant leap 📈. THIS is the way 🥳.
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@Klein-Anleger1 Scalable-AI says: "Kraken's stock is up 15% today as the company closed a $500 million funding round and is now valued at $15 billion. This development signals strong interest from institutional investors, further bolstered by improved regulatory clarity.

In addition, Kraken is planning an initial public offering (IPO) for early 2026 and is expanding its product offering to include traditional financial products such as tokenized equities and FX perpetual futures. These strategic initiatives increase investor confidence and underline Kraken's dynamic growth and strong market position."
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@Singulus I also found the following on Börsennews, but I cannot verify it:

Lt Yahoo Forum US: Anduril secures a A$1.7B (US$1.2B) contract to deliver a fleet of Ghost Shark XL-AUVs to the Australian Navy. //// Anduril is probably also working with Kraken

Either way, the rise is pulling my portfolio firmly upwards today ⬆️ 🤝👍🎉
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@Singulus Unfortunately, Scalable AI probably has the wrong octopus in mind here😅😂.
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@All-in-or-nothing I honestly didn't do a source check this time either, but wrote AI about it 😁.
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