Added to YB: 2024-10-17
Pitch date: 2024-10-17
PNG.V [bullish]
Kraken Robotics Inc.
+292.31%
current return
Author Info
Northeastern University Student Value Fund is the premier investment fund at Northeastern University. Visit their website.
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 1.69
Price Target
8.67 (+31%)
Dividend
N/A
EV/EBITDA
88.88
P/E
-2.8K
EV/Sales
18.00
Sector
Electronic Equipment, Instruments and Components
Category
growth
Market-Leading Technology and Anduril Relationship - Kraken Robotics Inc.
PNG.V: Kraken Robotics poised for growth via Anduril's Dive-LD & Ghost Shark AUV programs. $3-8M Kraken components per unit. New plant = $100-600M opportunity. $45M raise suggests large contracts/M&A. Risks: dilution, Anduril dependency. PT $8.67 (+292%). XL-AUV demand rising post-Ukraine.
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