Kraken is a marine technology company providing complex subsea sensors, batteries, and robotic systems.
Kraken Robotic Systems
Kraken Robotic Systems
Head Office Location in Canada:
Mount Pearl, NL
Defence related locations/operations within Canada:
Mount Pearl, NL; Dartmouth, NS
Senior officer for Canadian operations:
Greg Reid, President & CEO
Annual Sales:
$69.6M (2023)
Ticker Symbol:
PNG (TSX.V)
Number of Employees:
~ 300
Percentage of business - defence related:
75%
Percentage of business within Canada:
15%
Current DND Projects:
Remote Minehunting and Disposal System
Level of investment in R&D:
Kraken Robotic commits 10% of annual revenue to R&D
Primary Activities, products, services:
Kraken is a marine technology company providing complex subsea sensors, batteries, and robotic systems. Their high-resolution 3D acoustic imaging solutions and services enable clients to overcome the challenges in oceans–safely, efficiently, and sustainably. Kraken is headquartered in Canada and has offices in North and South America and Europe.
