TSXV:PNGElectronic
Did Kraken’s Revenue Jump Guidance and New Chair Just Shift Kraken Robotics' (TSXV:PNG) Investment Narrative?
On April 16, 2026, Kraken Robotics reported 2025 revenue of C$102.21 million, sharply lower net income of C$2.86 million, new client orders worth about C$28 million, and issued 2026 revenue guidance of C$165 million to C$175 million while also appointing long‑time director Shaun McEwan as its new Board Chair.
The combination of sizable new orders, two fresh customers for its SeaPower batteries and Synthetic Aperture Sonar, and materially higher revenue guidance highlights management’s...