Rather than Rovco using Kraken/PanGeo's 3D Sub-Bottom Imager and getting a large service contract themselves, I'd rather see Kraken get the contract and using their own equipment secure and fulfill these kinds of inspection services? Well, maybe they will get the next services contract? But when I looked on their website the ThunderFish and its functions has disappeared from their list of product and services? What happened to it? For a long time now their goal and the objective was to use the ThunderFish for a services side of the business to inspect sub-sea structures, chains, cables etc, Are these kinds of services no longer going to be a goal of Kraken?
Last week, I had been at the UDT Europe in Rotterdam, where they had had a small stand. Very interesting company and many visitors! Their sales staff told me, that there is high demand and that their advantage is, that their products are 4x cheaper than those of bigger competitors, and they they might be a target for an acquisition. I just added more shares.
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Short interest as of May 31 increased to 43% of daily volume. Interesting.
I very happy to buy KRKNF low. I’ll sell high next year for nice LTCG. GL.
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I like my KRKNF long! 🍀
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The sonar orders does mean a lot. ST. JOHN’S, NEWFOUNDLAND, May 30, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce new contracts valued at more than $1.6 million for its AquaPix® Synthetic Aperture Sonar (SAS). Deliveries will occur in 2022
That leaves kraken to bark RCN contract on his own, not partners
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Besides the possibility of those with more information than others taking money out as those others are putting money in, the stock price unquestionably drifts down due to stock dilution. Kraken needs some big contract announcements to prop itself up or maybe a buyout by another company would be the best course of action? Krakens business objectives are no doubt expensive and difficult propositions to take advantage of.
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The key to investing is not assessing how much an industry is going to affect society, or how much it will grow but rather determining the advantage of any given company of that
ST. JOHN’S, NEWFOUNDLAND, May 30, 2022 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce new contracts valued at more than $1.6 million for its AquaPix® Synthetic Aperture Sonar (SAS). Deliveries will occur in 2022
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Atlas win contract https://www.naval-technology.com/news/atlas-elektronik-uk-to-provide-mine-hunting-auvs-for-british-royal-navy/
Team agreement back then https://krakenrobotics.com/kraken-and-atlas-elektronik-sign-teaming-agreement/
That leaves kraken to bark RCN contract on his own, not partners