About Kraken Robotics
Kraken Robotics is a publicly listed company based in Canada founded in 2008. Unmanned maritime vehicles and subsea sensors are provided. It operates in the Industrial Goods & Manufacturing, Transportation, Automotive & Logistics, and Aerospace, Defense & Maritime sectors. The company has 282 employees. Kraken Robotics has completed 5 acquisitions, including 13 Robotics, 3D at Depth and Covelya. Its chief executive, as recorded, is Greg Reid. Its website krakenrobotics.com draws about 94 thousand monthly visits. Kraken Robotics offers products and services including Towed SAS, SeaPower Batteries, Sub-Bottom Imager, and Acoustic Corer. Its focus areas include Aerospace, Maritime and Defense Tech, Military Tech, Non Combat Systems and C4ISR. Its legal entity is Kraken Robotics Denmark ApS.
Company details
Kraken Robotics was founded in 2008 in Paradise Cove, Canada, and operates in the maritime robotics sector. Unmanned vehicles, synthetic aperture sonars, rim-driven thrusters, robotic systems, 3D laser imaging, and autonomous underwater vehicles are supplied for seabed surveys and other applications. Military, defense, and commercial sectors are served through these technologies, with a focus on high-resolution imagery and coverage rates.
- Headquarters Paradise Cove, Canada
- Employees 282
- Stage Public
- SectorsIndustrial Goods & ManufacturingTransportation, Automotive & Logistics Aerospace, Defense & Maritime
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website krakenrobotics.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Kraken Robotics Inc
- Annual Revenue$63.45 M (USD)31.2as on Dec 31, 2024
- Net Profit$13.96 M (USD)262.23as on Dec 31, 2024
- EBITDA$12.14 M (USD)51.12as on Dec 31, 2024
- Latest Funding Round$10.4M (USD), Post-IPO
Oct 2020
- InvestorsOcean Infinity
& 1 more
- Employee Count282
- Investments & Acquisitions13 Robotics
& 4 more
Products & Services of Kraken Robotics
Kraken Robotics offers a comprehensive portfolio of products and services, including Towed SAS, SeaPower Batteries, Sub-Bottom Imager, and Acoustic Corer.
High-coverage sonar for seabed imagery and bathymetry surveys
Pressure neutral batteries for extended AUV endurance
Acoustic technology for penetrating sub-seabed depths up to 5 meters
System for scanning sub-seabed cores up to 14 meters wide
Apps and channels of Kraken Robotics
its YouTube channel Kraken Robotics has 1.3K subscribers and 28 videos.
Videos from Kraken Robotics
The most watched videos on Kraken Robotics's YouTube channel, Kraken Robotics (1.3K subscribers). Click a video to play it here.
More on Kraken Robotics.
Funding Insights of Kraken Robotics
- Total Rounds 7
- Last Round Post-IPO — $10.4M
- First Round $160,578
(Feb 2015)
- Investors Count 2
All 7 funding rounds of Kraken Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $10.4M | Post-IPO | – | – | – |
| Aug 2020 | $3M | Grant | – | – | |
| Jun 2018 | $2.3M | Post-IPO | – | – | |
| Feb 2018 | $262,637 | Post-IPO | – | – | – |
| Aug 2016 | $30,000 | Post-IPO | – | – | – |
| Aug 2016 | $30,000 | Post-IPO | – | – | – |
| Feb 2015 | $160,578 | Post-IPO | – | – | – |
2 investors in total: 2 institutional.
Investors in Kraken Robotics
Kraken Robotics has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ocean Infinity and Canadian Space Agency.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Robotic ships are provided for ocean data acquisition and analysis. | 2017 | oceaninfinity.com | Austin, United States | |
Canadian space agency focused on social and economic benefits | 1989 | asc-csa.gc.ca | Longueuil, Canada |
Investor details for Kraken Robotics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Kraken Robotics
52 people are tracked at Kraken Robotics (18 in leadership, 34 in team); the tracked headcount is 282.
| Name | Role | Group |
|---|---|---|
Joe MacKay | Chief Financial Officer | Leadership |
Greg Reid | CEO & President | Leadership |
Peter Hunter | Board of Directors | Leadership |
Roel Valencia | Vice President Operations | Leadership |
Nat Spencer | Chief Operating Officer | Leadership |
Dennene Huntley | Director Global Supply Chain & Logistics | Leadership |
David Shea | Chief Technology Officer | Leadership |
Dusty Mortensen | Vp, People And Culture | Leadership |
Lynne Adu | Evp, Chief Commercial Officer | Leadership |
Prashanth Poosappadi | Director, Survey Operations | Leadership |
Jeffrey Bartkowski | Vice President Of Sales | Leadership |
Stephen Cleary | VP Of Finance | Leadership |
Stephanie Buse | Sr. HR Business Partner | Leadership |
Patrick Paranhos | VP Integrated Services | Leadership |
Kyle Doody | Director, New Product Introduction & Improvement | Leadership |
Jan Christian Albiez | Director Software Development | Leadership |
Chris Almond | Vice President - Business Development Survey Services | Leadership |
Dan Sweeney | Director, Customer Success | Leadership |
Dennis Hogan | Product Sales Lead | Team |
Mike Grubb | Technical Support Lead - Survey Services | Team |
32 more people are available in the full profile.
Complete people profiles for Kraken Robotics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Kraken Robotics
Kraken Robotics is a publicly listed company on the TSXV with ticker symbol PNG in Canada, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Aug 2011
- Listed onTSX-V: PNG
- Listed entityKraken Robotics Inc
- Exchange sectorElectronic technology
- ISINCA50077N1024
- Share price4.44 CAD (-1.33% on the day) · 2026-10-13
- Market capitalisation1,649,069,922.00 CAD
- Price to earnings98.0
- EPS (diluted, trailing year)-0.02 CAD
- Volume (last session)830,977
Financials of Kraken Robotics
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 102.2M CAD | 2.9M CAD | 17.5M CAD |
| 2024 | 91.3M CAD | 20.1M CAD | 17.5M CAD |
| 2023 | 69.6M CAD | 5.5M CAD | 11.6M CAD |
| 2022 | 40.9M CAD | -4.2M CAD | 2.6M CAD |
| 2021 | 25.6M CAD | -3.5M CAD | 305,150 CAD |
Detailed financial statements for Kraken Robotics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Kraken Robotics
Kraken Robotics has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 13 Robotics, 3D at Depth and Covelya.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Develops and manufactures instruments for science, energy, environment, and defence sectors. | covelya.com | 0 | Mar 2026 | $615M | ||
LiDAR laser technology is utilized for subsea surveys. | 3datdepth.com | Longmont, United States | 2009 | Mar 2025 | $17M | |
Seabed risk mitigation services for offshore installations are provided. | pangeosubsea.com | Aberdeen, Scotland | 2006 | Jul 2021 | •••• | |
Robotics solutions for marine inspections and unmanned vehicles are provided. | 13robotics.com | 2016 | Apr 2021 | •••• | ||
Manufacturer of AUV and ROV-based underwater robots systems for maritime industries | marinerobotics.com | Campbell, United States | 2007 | Nov 2015 | •••• |
Complete acquisition details for Kraken Robotics
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Timeline of Kraken Robotics
9 dated milestones of Kraken Robotics across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Kraken Robotics is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $161K.
- Acquisition Acquires Marine Robotics Research.
- Funding Latest funding round, Post-IPO, of $10.4M.
- Acquisition Acquires 13 Robotics.
- Acquisition Acquires PanGeo Subsea.
- Acquisition Acquires 3D at Depth.
- Acquisition Acquires Covelya.
Web traffic of Kraken Robotics
The website of Kraken Robotics (krakenrobotics.com) receives about 94.2K visits a month and ranks #550,841 among all websites worldwide, #5,516 in Investing.
- Monthly visits94.2K
▲ 40.2% vs previous month
- Unique visitors30.3K
per month
- Global rank#550,841
among all websites
- Category rank#5,516
Finance · Investing
- Bounce rate41%
- Pages per visit1.7
- Average visit31 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with Kraken Robotics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cantechletter.com | cantechletter.com | 100% | #533,615 | – | |
| finimize.com | 85% | 272.1K | #186,141 | View details | |
aktiencheck.de | aktiencheck.de | 85% | #97,074 | – | |
boerse-express.com | boerse-express.com | 68% | #39,261 | – | |
financialpost.com | financialpost.com | 34% | #36,708 | – |
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Related news about Kraken Robotics
Complete news archive for Kraken Robotics
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Frequently Asked Questions about Kraken Robotics
Kraken Robotics was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Kraken Robotics is headquartered in Canada. It is registered at British Columbia, Canada.
Greg Reid is the CEO of Kraken Robotics, as recorded in our data.
Kraken Robotics has 282 employees.
Annual revenue of Kraken Robotics is $63.45M as on Dec 31, 2024.
Kraken Robotics was founded in 2008 in Paradise Cove, Canada, and operates in the maritime robotics sector. Unmanned vehicles, synthetic aperture sonars, rim-driven thrusters, robotic systems, 3D laser imaging, and autonomous underwater vehicles are supplied for seabed surveys and other applications. Military, defense, and commercial sectors are served through these technologies, with a focus on high-resolution imagery and coverage rates.
Kraken Robotics offers Towed SAS, SeaPower Batteries, Sub-Bottom Imager, and Acoustic Corer.
Yes, Kraken Robotics is publicly traded on TSXV under the ticker symbol PNG.
Kraken Robotics has made 5 acquisitions, including 13 Robotics, 3D at Depth, and Covelya.
Kraken Robotics has 2 investors. Key investors include Ocean Infinity, and Canadian Space Agency.
Kraken Robotics operates through Kraken Robotics Denmark Aps.