Kraken Robotics Inc (FRA:2KQ)
€ 1.53 0.045 (3.03%) Market Cap: 413.47 Mil Enterprise Value: 417.04 Mil PE Ratio: 45.40 PB Ratio: 8.87 GF Score: 68/100

Kraken Robotics Inc at Precious Metals Summit Planet Microcap Showcase Transcript

Apr 26, 2023 / 09:00PM GMT
Release Date Price: €0.363 (-2.16%)
Bobby Kraft
Planet MicroCap - Moderator

Hi, everybody. I'd like to introduce our next presentation here at the Planet MicroCap Showcase Vancouver.

Presenting right now is Greg Reid from Kraken Robotics. Greg, take it away.

Greg Reid
Kraken Robotics Inc. - President & CEO

Thank you, Bobby. Everyone can hear me okay? All right. Kraken Robotics, we are a unmanned systems player. We focus on the ocean technology space and our end markets are predominantly defense market by and large and as well a little bit in the energy markets, both offshore wind and offshore oil and gas.

What you can see on the front page here is one of our products called the KATFISH. That is used predominantly for mine hunting for the defense market, so looking for underwater explosives. And that system, the FISH itself as well as the launch and recovery equipment and the winch associated with it on all the top side computers, that go on the vessel cells are above $5 million per system.

So Kraken itself, happy to say that this week, we turned 11 years old.

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