Added to YB: 2024-08-13
Pitch date: 2024-08-12
PNG.V [bullish]
Kraken Robotics Inc.
+354.07%
current return
Author Info
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Company Info
Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.
Market Cap
CAD 1.7B
Pitch Price
CAD 1.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
76.61
P/E
92.26
EV/Sales
16.00
Sector
Electronic Equipment, Instruments and Components
Category
growth
Adding Three Names to my Model Portfolio - Kraken Robotics Inc.
PNG.V: Kraken Robotics produces batteries & sonar for UUVs. Strong growth, good margins. Geopolitical tensions driving demand. Anduril's new facility to produce 200 UUVs/yr, potential $3-8m rev each for Kraken. Possible Anduril acquisition. Not cheap on typical metrics, but quality business & industry dynamics provide safety net. Upside from increasing UUV demand.
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