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Kraken Robotics Inc.

Kraken Robotics Inc.

PNG:TSXV; KRKNF:OTC

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PNG: A Kraken Good Investment!

PNG: A Kraken Good Investment!

We understand that investors flee stocks when systematic risk prevails, and the current market meltdown has spared few microcap stocks. Kraken Robotics (TSXV:PNG, OTC: KRKNF), a Sophic Capital client, was no exception.

PNG: Kraken Investors Establish New Floor Price For Stock

PNG: Kraken Investors Establish New Floor Price For Stock

Kraken Robotics’ stock is up more than 40% and has set a new 52-week high since Ocean Infinity, a Kraken customer, announced its plan to take an almost 10% stake in Kraken. In the days following the press release, Kraken’s stock has consistently closed above the $0.20/share investment price with comparatively heavy volume.

Kraken Robotics – Opportunities with GE and Beyond

Kraken Robotics – Opportunities with GE and Beyond

On October 26, 2017, GE Venture company Avitas Systems partnered with Kraken Robotics to develop subsea inspection solutions for the oil and gas industry. This a milestone for Kraken Robotics because for the past two years management has been communicating a search/recovery/inspection, subscription model called Robotics-as-a-Service (RaaS) for sea drones.

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