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