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Kraken Robotics Systems Inc ( (TSE:PNG) ) has issued an update.
Kraken Robotics Inc. announced a significant milestone at the REPMUS 2025 exercise in Portugal, where a record number of participants utilized its synthetic aperture sonar (SAS) technology. The event saw seven international naval teams and three UUV manufacturers deploying Kraken’s SAS for various maritime security applications, including mine countermeasure operations and underwater infrastructure inspection. This marked the fourth consecutive year of Kraken’s participation in REPMUS, with the number of teams using its technology increasing from one in 2022 to ten in 2025. The exercise highlighted Kraken’s growing influence in the industry, showcasing the interoperability of its systems across different platforms and nations, and reinforcing its commitment to refining product roadmaps through real-world operational trials.
The most recent analyst rating on (TSE:PNG) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Kraken Robotics Systems Inc stock, see the TSE:PNG Stock Forecast page.
Spark’s Take on TSE:PNG Stock
According to Spark, TipRanks’ AI Analyst, TSE:PNG is a Neutral.
The overall stock score is primarily influenced by solid financial performance, despite concerns over cash flow management. Technical analysis indicates bearish momentum, and the high P/E ratio suggests overvaluation, which impacts the attractiveness of the stock.
To see Spark’s full report on TSE:PNG stock, click here.
More about Kraken Robotics Systems Inc
Kraken Robotics Inc. is a company focused on transforming subsea intelligence through advanced 3D imaging sensors, power solutions, and robotic systems. Their products and services are designed to address oceanic challenges safely, efficiently, and sustainably, with offerings like synthetic aperture sonar, sub-bottom imaging, and LiDAR systems. Kraken also provides pressure-tolerant batteries for uncrewed underwater vehicles (UUVs) and subsea energy storage. The company is headquartered in Canada and operates in over 30 countries worldwide.
Average Trading Volume: 1,338,766
Technical Sentiment Signal: Buy
Current Market Cap: C$1.74B
See more data about PNG stock on TipRanks’ Stock Analysis page.