Added to YB: 2025-07-04
Pitch date: 2025-07-02
PNG.V [bullish]
Kraken Robotics Inc.
+110.93%
current return
Author Info
No bio for this author
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 military and commercial applications.
Market Cap
CAD 2.0B
Pitch Price
CAD 3.02
Price Target
7.40 (+17%)
Dividend
N/A
EV/EBITDA
88.88
P/E
-2.8K
EV/Sales
18.00
Sector
Electronic Equipment, Instruments and Components
Category
growth
Kraken Robotics (PNG-CAN)
PNG.V: Subsea battery maker w/ superior silicon housing tech vs oil-filled (50% less volume, higher energy density). Sole supplier to Anduril's Ghost Shark ($10M ASP) & Dive-LD ($2.5M) UUVs. Strong pricing power, high switching costs in defense market. Est. $400M rev/$150M EBITDA by 2029. PT $7.40 (143% upside, 29% IRR).
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