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Kraken Robotics Powers Taiwan’s Green Surge
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Kraken Robotics Powers Taiwan’s Green Surge

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

Kraken Robotics Inc. has significantly contributed to Taiwan’s green energy goals by supporting the installation of over 1.8GW of offshore wind energy with their 3D acoustic Sub-Bottom Imager. The technology has been pivotal in ensuring cable protection for the burgeoning wind energy sector, with Kraken’s innovations expected to play a key role in over 50% of Taiwan’s green energy installations by 2025. As the country’s wind farms shift from construction to operational phases, Kraken is poised to capitalize on future opportunities for cable inspections and maintenance.

For further insights into TSE:PNG stock, check out TipRanks’ Stock Analysis page.

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