Kraken Robotics Inc (QB) (KRKNF) Quote

PNG.V READY TO BLAST OFF TO 1.75

Yea I wish I got in

KRKNF/PNG.V...THIS NEWFOUNDLAND MONSTER IS ABOUT TO BEAST TO ALL TIME HIGHS...DAILY WEEKLY MONTHLY BREAK OUTS

KRKNF/PNG.V...THE BEAST OF BEASTS, IT'S BEEN A LONG TIME COMING, AN AMAZING LITTLE COMPANY RIGHT ON THE EAST COAST. ONE OF A KIND TECH!!!

Well, isn't this a fun trip??

Kraken Robotics is getting noticed a lot with these numbers

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Kraken Robotics Reports Strong Q2 2024 Financial Results - (full release at your favorite info source)

spoiler alert - both revenue and EBITDA YTD, are up triple digits, YOY

The recent (several weeks) daily tape has consistently indicated larger trades leaning in, as I mentioned in earlier posts

All the right moves and I do believe they will be acquired sometime in the 2025-2027 range (based on nothing but gut feeling on publicly available data and statements from management)

Cheers



spec

Clearly they have the right stuff

Both in hardware and brain power

The scale of the longer contracts fully supports the growth trajectory as expressed in forward projections, both by management and analysts

I’m gratified that my analysis has paid off by securing a significant position which has performed very nicely so far

Cheers

spec

I like the stock!! Let's go!

New write-up on Kraken Robotics from MicroCap Opportunities substack page:

https://microcapopportunities.substack.com/p/kraken-robotics-pure-play-in-unmanned

That was a low volume pullback

Ready for another leg up

It really needs both legs up and a vigorous ASK slapping !

It’s coming

Yep

Cheers

spec

Buyers ruled the day on today’s tape, verrry bullish movement lately

Market sentiment continues to warm up for Kraken Robotics

Cheers

spec

Big move continues with volume, nice!

This company has been displaying winner quality for quite a while and the performance numbers match my high expectations

I don’t really follow any YouTube trader advice but this guy (video link below) lays out some good points about recent numbers and events

Good to go

Stand on

spec

First off, it’s only chatter/rumors/musing ….

But, does anyone think Anduril is a potential M&A entity??

Throwing out a hypothetical- Andril purchase/merge tiny Kraken (with all of its golden tentacles, SAS, power, RAAS ….)

To throw some color on that wild possibility-
What if Anduril acquired Kraken at a valuation about double where she’s at right now

Then make that payment to current Kraken shareholders as. 50/50 cash/stock tender offer

They would acquire the existing ticker KRKNF (if they want it, currently I don’t think Anduril shares are listed anywhere)

Kraken already has shareholder approval for the split so the shares could end up anywhere they need to put it for the transaction

So shareholders would get a cash divi at the current market valuation of their KRKNF position AND an equivalent dollar value of “new shares” of XYZ at a valuation appropriate for the ending combined entity

They have many times the financial mass to make that happen

Just an example of a hypothetical

So, does anyone else think that there is a possibility of some type of big $$ transaction featuring Anduril (with their HUGE new military contracts) at least for the battery/subsea power division ????

I never want to get so old and grumpy that I can’t hope and dream of the most perfect future

Cheers

spec

The force is strong with this one

Blazing hot at the core and has so much future

Cheers

spec

i think anything under $1 here is a good entry for long term

Already making money...Just don't trust the big fish!

$ .73

Ive been building a position around $0.69-$0.70 US.

Interesting. Thanks for the feedback.

Instructions to attend were in Shareholders Meeting Notice!

Poorly written in my opinion seemingly to dissuade participation of many retail investors.
Fewer total votes cast made fewer votes necessary for management to prevail.
Another piss-poor showing after offering an unknown reverse split ratio.
Their focus seems fixated mostly on their own power and greed.

Great growth prospects, but actions have raised risk level with this current bunch in charge.
New-found lack of trust I now feel has turned a long-term hold into trading position.
I will continue to watch their actions rather than their happy talk in the future.

Are we able to get any updates on the meeting from anywhere?

Kraken’s SP stalling at this level appears to be speaking more to Canada’s economic concerns than to any concerns about Kraken’s value going forward

Pushing past the break even point while still investing heavily in talent and scaling production, is certainly a testament to the growth trajectory

They’ve publicly stated that the military and asset protection sub sectors are taking off “like someone lit a match to it”

And they produce the order flow to match their bullish stance

Without question, our global shipping and energy markets are at greater risk of being targeted by rogue state asymmetric warfare than ever before

Subsea drones will flourish just as airborne drones have become prominent features of the battle space

KRKNF is in exactly the right place at exactly the right time

spec

Kraken Robotics reports record Q1 2024 financial results with 175% growth in revenue and 354% growth in EBITDA.

For the full announcement, read our News Release: https://ow.ly/sWfk50RZY8p

Exceptional results, future seems so neglected by investors!

Growth trend and pipeline to future will be reflected by share price at some point.


$ .76

They really dont have that many shares outstanding. Must be a move they would like to take before preparing for a possible uplisting. An uplisting is something I have always expected once they had enough contracts for orders.

Yes, June 24...At Annual/Special Shareholders Meeting!

Share consolidation action is not a big surprise, especially given the recent events.

May 8 Record Date.

what! A R/S vote is coming up?

Next up, the reverse-split / ratio vote!

We'll soon discover the depth of shareholder support.
Strikes me as rather awkward, especially given some voting by mail.
Pragmatic on the surface, but management should have a tighter grip on their needs.

Seems they spent most of their efforts on their compensation desires rather than the actual business.

$ .71

I have always believed that this is a solid long-term play and anything under $1 will be rewarded down the road. Wasnt that long ago you could pick up some Kraken shares under .50

It's a solid company with proven products and proven contracts. International defense and government contracts at that.

Kraken closed the bought-deal financing. $21.19M / $.95/share!

Expansion with proper financing removes barriers and was the correct move.


$ .75

The tape was 90% buys till the last 30 minutes and still was 65% buys at the close

Higher than normal volume so it’s a significant shift as more shareholders lean in

About time

spec

Whoa! What’s up?

Perfect

PenderFund Capital Management increases their stake in Kraken to 23.5 million shares. Here is some comment by David Barr, CFA from PenderFund:

Kraken Robotics Inc (TSXV: PNG) was another key contributor. This is a relatively new addition to the portfolio after we first initiated a position late last year. They are a marine technology company that offers subsea sensors, batteries, remotely operated vehicles and robotics services for defense and commercial applications. We believe Kraken has a strong product-market fit as one of the few mission-critical component suppliers in the marine defense technology market. We expect this market will see significant industry-wide demand over the coming years as NATO navies are increasingly adopting for autonomous defense technologies, given the productivity benefits and lower operating costs. The company provided an update in February such that they think they can achieve at least +30% Y/Y revenue growth in 2024, growing revenue off an expected +68% in 2023 [4]. With adjusted EBITDA margins that could expand into the 20% range, we believe Kraken is on a path to sustaining positive FCF generation as the firm scales.

That sounds good. I think with their existing contracts that will give them plenty of credibility for new ones.

Kraken Robotics is an exhibitor at the Offshore Technology Conference this week (today is the last day) so there might have been some added opportunities for finalizing contracts

Don’t know if it might have triggered the 2 most recent contract announcements but it’s possible

In any case, there’s ample evidence of a long runway and a rapidly expanding market opportunity

Makin’ hay

spec

Nice PR out today: Kraken Robotics Receives $3.7 Million of Orders for Subsea Security Equipment
ST. JOHN’S, NEWFOUNDLAND, 8 May 2024 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received an order for spares and sustainment of its KATFISH™ Mine Counter Measures (“MCM”) solution totalling $2.2 million. In addition, the Company received orders for AquaPix® synthetic aperture sonars (SAS) totalling $1.5 million. These systems will be integrated to Autonomous Underwater Vehicles (AUVs) from new navy customers for use in minehunting and subsea infrastructure security applications. Customer details cannot be disclosed. Deliveries will occur in 2024.



ABOUT KRAKEN ROBOTICS INC.

Kraken Robotics Inc. (TSX.V: PNG) (OTCQB: KRKNF) is a marine technology company providing complex subsea sensors, batteries, and robotic systems. Our high-resolution 3D acoustic imaging solutions and services enable clients to overcome the challenges in our oceans – safely, efficiently, and sustainably. Kraken Robotics is headquartered in Canada and has offices in North and South America and Europe. Kraken is ranked as a Top 100 marine technology company by Marine Technology Reporter.









https://krakenrobotics.com/kraken-robotics-receives-3-7-million-of-orders-for-subsea-security-equipment/

Screwy time/sales data with batches conceals daytime activity!

But, slowed market perception has been a blessing for building position size.
Just remain aware that 'real-time' data is not as it seems for now.

Yup, you dont find many OTCs with leadership backgrounds like this company has. Excellent contracts in place and forthcoming with real closed deals that are verifiable. Unlike the majority of OTCs. I definitely believe this goes to dollars eventually, and one day uplist or merge with someone. Not sure about the merge and I think they have the capability to grow large enough to be a company that others merge into. I think that is still some time away off, but not out of reality.

You have an eye for quality

She’s a beauty

spec

Probably one of my most favorite OTCs out there right now and for some time. A lot going on. Long term play in my opinion.

There seems to be a real market valuation disconnect here

$160M USD market cap
Projected revenue ~$160M for fiscal ‘24
Total assets >$70M
Solid margins and profitability
Best in Class products
CRADA
Multiple nations purchased large orders including spares and training support
VERY strong ramp in government/military pursuit of subsea equipment and services

Currently trading at 1.5X fiscal 2024 revenue

Not yet getting the market sentiment that it deserves

Not sure what will change that, but it will change

Cheers

spec

Yep, the right tools and the skills to make it happen ….

… reliably

Best in class and a bright future

spec

Adding $8 million toward achieving very positive guidance!

Their impressive behind-the-scenes changes support enormous and structured growth.

https://www.otcmarkets.com/stock/KRKNF/news/Kraken-Robotics-Receives-8-Million-Contract-for-Sub-Seabed-Imaging-Services?id=438624


$ .74

Fantastic report. Very positive and promising forecast for 2024.

That was an outstanding earnings report

The trajectory here is key, a classic “coming of age” growth track

Lean in

spec

I’m happy about it - what’s not to like? Weird stock price reaction but this one is a long game for me so not that big a deal. I like that they’re getting these military contracts, harder to move on to different vendors once they’re established in the system.

How do we feel about the new report today?

A little consolidation before the next leg up is to be expected with a chart like KRKNF has

Expecting star performances in all locations

So far, the results are pointing to “beyond expectations”

Keep it up



spec

Another small Navy contract from an undisclosed country - nice to see continued progress:
Kraken Robotics Inc. announces that it has received contracts totaling $2.4 million for subsea batteries and synthetic aperture sonar systems (SAS). The SAS sensor contracts are for a Research Institute and a Hydrographic Office of an unnamed Navy. No details can be provided on the subsea power customer due to confidentiality. Deliveries will occur in 2024.
https://krakenrobotics.com/kraken-robotics-announces-2-4-million-of-sonar-and-subsea-power-contracts/

Well said, Spec. I agree. Get Kraken!

Couldn’t be more pleased with the CRADA renewal

Continued cutting edge R&D in the military applications of their subsea tech products and services

All indications are that they have successfully captured significant market share in several distinct segments of SAS, subsea power, and sub-bottom profiling

Keeping in mind the cost hurdle to demo the whole line, complete mil-spec testing and certification, bid contracts, produce and deliver initial rounds to various customers

Now they’re demonstrating success in capturing repeat orders and services

You lnow they’re running balls to the wall to grow to meet the surging market demand, especially within the military sector

This will be a billion dollar company pretty quickly if the products are anywhere near what they appear to be

Still under the radar

Where will Kraken be in 5 years?

spec