Kraken Robotics Clinches $2.2M Subsea Battery Deal

Kraken Robotics Systems Inc (TSE:PNG) has released an update.

Kraken Robotics Inc. has secured $2.2 million in repeat orders for its advanced SeaPower subsea batteries from their Naval clientele, reinforcing market confidence in their innovative technology. These batteries are designed for extreme underwater missions, boasting up to twice the energy density and a 46% weight reduction per kWh compared to traditional options, and are capable of operating at depths of up to 6,000 meters. Kraken’s commitment to enhancing naval operation efficiency is further underscored by the fast charging feature of the batteries, which significantly cuts down on downtime.

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