Kraken Robotics Receives $13 Million of Subsea Battery Orders

Barchart · 10/16 05:30

ST. JOHN'S, Newfoundland and Labrador, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. ("Kraken" or the "Company") (TSX-V: PNG, OTCQB: KRKNF) announces that it has received orders totalling $13 million for SeaPowerTM subsea batteries from existing clients. Rated for depths up to 6,000 meters, Kraken’s subsea batteries provide up to twice the energy density and weigh 46% less per kWh than traditional pressure-housed batteries.

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