Article contentThe numbers in Canada’s just-announced defence industrial strategy are big: $180 billion in procurement and $290 billion in defence capital investment, spread out over 10 years, with Prime Minister Mark Carney pledging the strategy will prioritize the awarding of contracts to Canadian companies. “Our initial reaction is that the announced initiatives are highly constructive for our coverage, given the strong ‘Buy Canada’ focus, the targeted sectors/capabilities (in our coverage’s wheelhouse), ...

Core Insights - Kraken Robotics Inc. has announced $35 million in battery sales to three unnamed customers, indicating strong demand for its products [1] - The company is experiencing increasing momentum in SeaPower battery sales and anticipates continued growth with existing and new UUV customers throughout 2026 [2] - SeaPower batteries offer 200% greater energy density and 46% less weight per kWh compared to traditional batteries, enabling more complex underwater missions [3] Company Overview - Kraken Robotics is focused on transforming subsea intelligence through advanced technologies such as 3D imaging sensors, power solutions, and robotic systems [4] - The company provides high-resolution imaging systems that deliver critical insights into ocean safety, infrastructure, and geology [5] - Kraken Robotics is headquartered in Canada and operates globally, supporting clients in over 30 countries [5] Manufacturing and Capacity - A new battery manufacturing facility in Nova Scotia is set to begin operations in Q1 2026, enhancing the company's production capabilities [6]

Core Insights - Kraken Robotics Inc. has appointed Terra Penrose as Chief People Officer, based in Nova Scotia, to enhance team performance and support systems [1][2] - Terra Penrose brings over 20 years of experience in human resources across various industries, including defense, aerospace, and oil and gas [2][3] - The company aims to leverage Penrose's expertise to foster a strong organizational culture and support its growth during a period of momentum [2][3] Company Overview - Kraken Robotics is focused on transforming subsea intelligence through advanced technologies such as 3D imaging sensors and robotic systems [5][6] - The company provides solutions that address challenges in ocean safety, infrastructure, and geology, utilizing best-in-class sonar and imaging systems [6] - Kraken Robotics operates globally, with a presence in North America, South America, and Europe, serving clients in over 30 countries [6]

Core Insights - Kraken Robotics Inc. has appointed Terra Penrose as Chief People Officer, based in Nova Scotia, to enhance team performance and support systems [1][2] - Terra Penrose brings over 20 years of experience in human resources across various industries, including defense, aerospace, and oil and gas [2][3] - The company aims to leverage Penrose's expertise to foster a strong organizational culture and support its growth during a period of momentum [2][3] Company Overview - Kraken Robotics is focused on transforming subsea intelligence through advanced technologies such as 3D imaging sensors and robotic systems [5][6] - The company provides solutions that address challenges in ocean safety, infrastructure, and geology, utilizing best-in-class sonar and imaging systems [6] - Kraken Robotics operates globally, with a presence in North America, South America, and Europe, serving clients in over 30 countries [6]

Kraken Robotics Inc. ( KRKNF ) is up nearly 150% since I rated the stock a Strong Buy back in February. I’m really pleased that it has been one of my best calls this year, and lookingI’m Emmanuel Onwusah—a financial analyst, writer, and recovering engineer. I hold FMVA® and BIDA® certifications from the Corporate Finance Institute, and I spend most of my time creating pitch decks, building models, analyzing companies, and trying to make sense of where value meets narrative. My background is in petroleum and ...

Kraken Robotics Inc. (OTCQB: KRKNF ) is up nearly 150% since I rated the stock a Strong Buy back in February. I’m really pleased that it has been one of my best calls this year, and lookingI’m Emmanuel Onwusah—a financial analyst, writer, and recovering engineer. I hold FMVA® and BIDA® certifications from the Corporate Finance Institute, and I spend most of my time creating pitch decks, building models, analyzing companies, and trying to make sense of where value meets narrative. My background is in petrole ...

Core Insights - Kraken Robotics Inc. successfully demonstrated its KATFISH Unmanned Surface Vessel Launch and Recovery System (USV-LARS) integrated with TKMS ATLAS UK's ARCIMS USV, marking a significant advancement in autonomous maritime survey technology [1][3][4] Company Overview - Kraken Robotics is focused on transforming subsea intelligence through advanced imaging sensors, power solutions, and robotic systems, enabling clients to address oceanic challenges efficiently and sustainably [8][9] Technology and Capabilities - The KATFISH system is capable of collecting high-resolution synthetic aperture sonar (SAS) data at a range of up to 200 meters per side and a depth of 300 meters, with real-time data streamed at a resolution of 3 cm x 3 cm [5][6] - The USV-LARS system allows for the safe and autonomous launch and recovery of KATFISH from small naval platforms, enhancing their operational capabilities and acting as force multipliers [2][3] Operational Demonstration - The demonstration took place off the coast of Portland, UK, where the ARCIMS USV autonomously navigated and executed missions while KATFISH collected high-resolution SAS and bathymetric surveys in shallow waters [4][6] - Data collected during the demonstration was live-streamed via satellite to a command center, allowing for real-time contact classification by operators [4] Industry Impact - This integration represents a major step in providing agile, modular, and cost-effective mine countermeasure capabilities for modern naval operations, enabling faster and more efficient deployment of advanced technologies [3][5]

Core Insights - Kraken Robotics Inc. successfully demonstrated its KATFISH Unmanned Surface Vessel Launch and Recovery System (USV-LARS) integrated with TKMS ATLAS UK's ARCIMS USV, marking a significant advancement in autonomous maritime survey technology [1][2][4] Company Overview - Kraken Robotics is focused on transforming subsea intelligence through innovative technologies such as 3D imaging sensors, power solutions, and robotic systems, enabling clients to address challenges in ocean environments [9][10] Technology and Capabilities - The KATFISH USV-LARS system is the first air-deployable, 300-meter depth rated autonomous towed synthetic aperture sonar (SAS) survey system in the industry, designed for maritime security missions including mine countermeasure operations and underwater infrastructure inspection [1][4][8] - The KATFISH system can collect high-resolution SAS data at a range of up to 200 meters per side and at a depth of 300 meters, with real-time data streamed at a resolution of 3 cm x 3 cm [7] Operational Demonstration - The system was demonstrated off the coast of Portland, UK, for NATO navies, showcasing the ARCIMS USV's ability to autonomously navigate and plan missions while collecting high-resolution SAS and bathymetric surveys in shallow waters [5][8] - The demonstration included live streaming of data via satellite communications to a command center, allowing for real-time classification of contacts by operators [5] Strategic Importance - The integration of ARCIMS and KATFISH USV-LARS enhances the capabilities of small naval platforms, acting as force multipliers and significantly increasing operational efficiency in complex maritime environments [3][4]

Core Insights - Kraken Robotics Inc. has announced the appointment of Kim Butler to its Board of Directors and the hiring of Bernard Mills as Executive Vice President, Defence, indicating a strategic enhancement of its leadership team [1][6]. Leadership Appointments - Kim Butler has over 35 years of executive experience in financial, operational, and governance roles across various sectors, including technology and defence. She has held significant positions such as Chair of Audit and Special Committees and has expertise in corporate governance, strategic planning, and mergers and acquisitions [2][5]. - Bernard Mills will assume the role of Executive Vice President, Defence, effective January 12, 2026. He has extensive experience in the defence and aerospace sectors, having served as CEO and Managing Director at Stelia North America and President of Ultra Sonar Systems [6][7]. Strategic Importance - Kim Butler expressed her enthusiasm for joining Kraken Robotics, emphasizing her commitment to contributing to the company's growth in advanced 3D underwater imaging and subsea battery technologies [4]. - Bernard Mills highlighted the increasing global demand for underwater robotics and maritime systems, indicating that Kraken is well-positioned for significant expansion due to its strong portfolio and relationships with key customers [9]. Company Overview - Kraken Robotics is focused on transforming subsea intelligence through innovative technologies, including 3D imaging sensors and robotic systems, aimed at addressing challenges in ocean safety and infrastructure [12][13]. - The company operates globally, with a presence in North America, South America, and Europe, supporting clients in over 30 countries [15].

Core Insights - Kraken Robotics Inc. has announced the appointment of Kim Butler to its Board of Directors and the hiring of Bernard Mills as Executive Vice President, Defence, indicating a strategic enhancement of its leadership team [1][6]. Leadership Appointments - Kim Butler has over 35 years of executive experience in financial, operational, and governance roles across various sectors, including technology and defence [2][3]. - Butler has held significant positions such as Head of Business Operations and Integration at Ericsson and SVP Finance and CFO at Bridgewater Systems, showcasing her expertise in corporate governance and strategic planning [3][5]. - Bernard Mills will assume the role of Executive Vice President, Defence, effective January 12, 2026, after resigning from the Board of Directors [6][8]. - Mills has extensive experience in the defence and aerospace sectors, having served as CEO at Stelia North America and President of Ultra Sonar Systems, which positions him well to lead Kraken's defence initiatives [7][8]. Strategic Importance - The addition of Butler and Mills is expected to enhance Kraken's capabilities in navigating complex growth and transformation, particularly in the marine technology sector [5][9]. - Mills' background in strategic growth and operational leadership is anticipated to be a significant asset as Kraken expands its maritime defence business [8][9]. - Both leaders express enthusiasm about Kraken's potential for significant expansion in the underwater robotics and maritime systems market [4][9].