Kraken Posts Record Revenues

Kraken Robotics posted record revenue in its third quarter, driven by demand from militaries and offshore energy projects, including for subsea batteries and mine-hunting sonar systems.
In its financial results for the three months ended Sept. 30, Kraken, which trades on the TSX Venture Exchange, said the third quarter saw it bring in $20.2 million of revenue, compared to $12.3 million for the