| Previous Close | 0.4590 |
| Open | 0.4627 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.4400 - 0.4835 |
| 52 Week Range | 0.2610 - 0.6934 |
| Volume | 30,430 |
| Avg. Volume | 41,288 |
| Market Cap | 69.543M |
| Beta (3Y Monthly) | 3.35 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0220 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
ST. JOHN’S, Newfoundland, Sept. 09, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has launched the initial phase of its OceanVision™ project. Commencing in late September, Kraken will deploy its sensors and unmanned underwater platforms to conduct ultra-high definition seabed imaging and mapping on the Grand Banks of Newfoundland and other areas of Atlantic Canada. OceanVision™ is a three-year, $20 million project focused on the development of new marine technologies and products to enable an underwater data acquisition and analytics as a service business.
ST. JOHN’S, Newfoundland and Labrador, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been awarded a contract for approximately $2.0 million by a military customer to provide a high capacity battery solution for an underwater robotics application. Karl Kenny, Kraken's President and CEO, said, "We have seen military and commercial customers adopt our subsea power solutions across a variety of deep-sea applications, and we are pleased that this large military customer has again chosen Kraken’s SeaPower™ batteries. Kraken Power offers a range of batteries, thrusters and drives addressing the needs of both military and commercial customers.
ST. JOHN’S, Newfoundland, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced it has filed its financial results for the second quarter ended June 30, 2019. Additional information concerning the Company, including its unaudited condensed consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended June 30, 2019, can be found at www.sedar.com. Kraken expects a very strong second half in 2019 and to achieve our previously announced revenue and net income objectives.
ST. JOHN’S, Newfoundland, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that, its wholly owned subsidiary, Kraken Robotic Systems Inc, has delivered its ThunderFish® 300 Autonomous Underwater Vehicle (AUV) to its test partner, Defense Research and Development Canada (DRDC) in Halifax, Nova Scotia. The delivery to DRDC was facilitated by a $1 million contract award under the Canadian government’s Build in Canada Innovation Program.
ST. JOHN’S, Newfoundland, Aug. 12, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”) is pleased to announce that, its wholly owned German subsidiary, Kraken Robotik GmbH, has been awarded a contract to deliver 3,000 meter rated SeaVision® laser scanning sensors to the GEOMAR Helmholtz Centre for Ocean Research in Kiel, Germany. GEOMAR is a leading global institute for marine research with approximately 1,000 employees. Under this contract, Kraken will deliver a twin pod SeaVision® 3D laser scanner as well as three SeaVision® profilers (each consisting of a Kraken SmartCam™ and separate laser).
ST. JOHN’S, Newfoundland, Aug. 02, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that following successful trials with Husky Energy (Husky), its wholly owned subsidiary, Kraken Robotic Systems Inc., has been awarded funding for the development of a mooring chain laser inspection sensor, for use in offshore oil and gas applications. Under the project, a total of $1.8 million of funding is being provided in cash and in-kind services from Husky ($1.26M) and the Government of Newfoundland and Labrador, through the Innovation and Business Investment Corporation ($540,000). The project cash component received by Kraken will be $720,000.
ST. JOHN’S, Newfoundland and Labrador, July 22, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that since July 18, ThayerMahan and the National Oceanographic and Atmospheric Administration (NOAA) have conducted joint operations using Kraken’s sonar and laser scanning technologies. This follows a Cooperative Research and Development Agreement (CRADA) signed between Kraken and NOAA as well as Kraken’s strategic partnership signed with ThayerMahan, both in 2018.
Karl Kenny, Kraken's President & CEO, said, "As Kraken continues to transition from early stage commercialization to a more vertically integrated provider of products and services, we continue to add management depth. Joe brings more than 20 years of Bay Street experience as well as Financial Planning & Analysis (FP&A) and Investor Relations expertise at a large telecom service provider.
ST. JOHN’S, Newfoundland , June 28, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been conditionally approved by the Ocean Supercluster to move forward with its OceanVision™ project. OceanVision™ is a three-year, $20 million project focused on the development of new marine technologies and products to enable an underwater robotics data acquisition and data analytics as a service business.
ST. JOHN’S, Newfoundland, June 17, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been selected by the US Office of the Secretary of Defense, Comparative Test Office, to participate in a Foreign Comparative Testing (FCT) program in support of a US Navy Program of Record managed by the Naval Sea Systems Command, EOD Program Office. Under this contract, Kraken will integrate its AquaPix® MINSAS sensor on a man-portable Autonomous Underwater Vehicle (AUV) owned by the U.S. Navy.
ST. JOHN’S, Newfoundland, June 13, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has received a purchase order from ThayerMahan Inc., for a KATFISH™ 180 system. ThayerMahan Inc. is a US-based company specializing in the design, integration, and operation of autonomous maritime systems for government, industry, and academic customers. The contract value is $2.1 million and delivery is expected in Q3, 2019. ThayerMahan will deploy Kraken’s KATFISH 180 as part of its SeaScout® expeditionary system for seabed mapping and intelligence.
Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc. has established a new 4,000 square foot facility named the Unmanned Maritime Vehicles Facility (UMVF). The UMVF is located at the Centre for Ocean Ventures and Entrepreneurship (COVE) in Dartmouth, Nova Scotia. Kraken’s Handling Systems Group has already moved into the new location and will continue to build Kraken’s Tentacle® Winch and Autonomous Launch and Recovery Systems there.
ST. JOHN’S, Newfoundland, May 31, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced it has filed its financial results for the first quarter ended March 31, 2019. Additional information concerning the Company, including its unaudited condensed consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended March 31, 2019, can be found at www.sedar.com. Kraken has $2.1 million in previously awarded funding to draw upon from government agencies.
ST. JOHN’S, Newfoundland, May 15, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) ("PNG" or the "Company") announces that the British Columbia Securities Commission (the "Commission") has revoked the cease trade order issued against the Company on May 6, 2019 (the "Cease Trade Order"). The Cease Trade Order was issued as a result of the Company's failure to file its audited annual financial statements for the year ended December 31, 2018, its management's discussion and analysis relating to the audited annual financial statements for the year ended December 31, 2018, together with the related certifications (collectively, the "Disclosure Documents"), on or before the prescribed filing deadline of April 30, 2019 as required by National Instrument 51-102, Continuous Disclosure Obligations, and NI 52-109, Certification of Disclosure in Issuers' Annual and Interim Filings, respectively.
ST. JOHN’S, Newfoundland, May 10, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announced it has filed its financial results for the fourth quarter and year ended December 31, 2018. Additional information concerning the Company, including its audited consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the year ended December 31, 2018, can be found at www.sedar.com. At year-end 2018, Kraken had $1.9 million in previously awarded funding to draw upon from government agencies.
ST. JOHN’S, Newfoundland, May 07, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken”) (TSX-V: PNG, OTCQB: KRKNF) discloses today that the filing of its annual financial statements for the fiscal year ended December 31, 2018, the related management’s discussion and analysis and the related officer certifications of the annual filings (collectively, the “2018 Annual Financial Filings”) were not completed by the deadline of April 30, 2019 (the “Filing Deadline”). As a result, after close of markets on May 6, 2019 the British Columbia Securities Commission issued a cease trade order (the “Cease Trade Order”) against the Corporation pursuant to National Policy 11-207 – Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions and its securities have been halted from trading on the TSX Venture Exchange.
ST. JOHN’S, Newfoundland, April 24, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been awarded a contract for approximately $600,000 by a military customer to provide a high capacity battery solution for an underwater robotics application. In addition, Kraken is pleased to announce that since the beginning of February, the Company has received approximately $935,000 from the exercise of warrants.
ST. JOHN’S, Newfoundland, April 17, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been awarded a financial contribution of $1 million from the Government of Newfoundland and Labrador. The funding was awarded under the Innovation and Business Development Funding (IBDF) program and will be used for the initial phase of the OceanVision™ project that Kraken plans to pursue as part of the Ocean Supercluster initiative.
ST. JOHN’S, Newfoundland, April 10, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”) and Baltic Taucherei-und Bergungsbetrieb Rostock GmbH (“Baltic Diver”) are pleased to announce that they have finalized a Memorandum of Understanding (MOU) on a Strategic Alliance for maritime robotics technology, products, and services.
HALIFAX, Nova Scotia and ST. JOHN’S, Newfoundland, April 03, 2019 -- LeeWay Marine (LeeWay) is pleased to announce that it has successfully completed trials of the Kraken.
ST. JOHN’S, Newfoundland, March 25, 2019 -- Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”) is pleased to announce that its wholly owned.
ST. JOHN’S, Newfoundland, March 22, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”), is pleased to announce that its long-standing customer, ECA Group, is part of the Belgium Naval & Robotics consortium that was recently announced as the winner of a €1.8 billion contract to supply 12 mine hunting vessels and 100 drones. The Belgian and Dutch navies are acquiring the latest generation of mine hunters designed by Naval Group and will integrate ECA Group's naval drone systems capable of conducting autonomous underwater minehunting and clearance operations. ECA Group’s share of the contract is valued at approximately €450 million.
Toronto, Ontario--(Newsfile Corp. - March 6, 2019) - Ocean Infinity Group, Limited (formerly Ocean Infinity, Limited) (the "Acquiror") has filed an early warning report (the "Early Warning Report") advising of its exercise of warrants ("Warrants") and acquisition of common shares (the "Common Shares") of Kraken Robotics Inc. (TSXV: PNG) (OTCQB: KRKNF) (the "Company") on March 4, 2019 at the exercise price of $0.40 per Warrant (the "Transaction"). The Warrants were originally acquired in ...
ST. JOHN’S, Newfoundland , March 06, 2019 -- Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that the Company has developed.
ST. JOHN’S, Newfoundland, March 05, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG.V) (KRKNF) (“Kraken” or the “Company”) is pleased to announce that the Company has received $2.3 million from Ocean Infinity from the exercise of 5,760,000 warrants. The warrants were issued in connection with the Company’s private placement of units to Ocean Infinity in June 2018. The warrants expire in June 2021 and had an exercise price of $0.40.