Kraken Robotics (TSXV:PNG) Is Up 18.7% After Securing US$35M in SeaPower Battery Orders

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Kraken Robotics (TSXV:PNG) Is Up 18.7% After Securing US$35M in SeaPower Battery Orders

Simply Wall St

Tue, January 13, 2026 at 12:14 PM EST

3 min read

In this article:

  • Kraken Robotics Inc. recently announced US$35,000,000 in SeaPower battery sales to three unnamed customers, supplying high‑energy‑density systems for long-endurance unmanned underwater vehicle missions across defence, commercial, and marine research sectors.

  • These deals highlight increasing commercial adoption of Kraken’s SeaPower technology, which offers roughly 200% greater energy density and substantially lower weight than traditional subsea battery solutions.

  • We’ll now examine how this SeaPower battery order momentum shapes Kraken Robotics’ investment narrative, particularly around higher-value defence and subsea applications.

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What Is Kraken Robotics' Investment Narrative?

To own Kraken Robotics, you need to believe that its niche in subsea robotics and sensors can support premium pricing despite a rich valuation and a relatively new management bench. The US$35,000,000 SeaPower battery orders reinforce that thesis by signaling real customer demand for its high‑energy‑density technology in defence and commercial UUV missions, and they may strengthen the near‑term revenue and margin story that analysts have been highlighting. At the same time, the stock has already delivered a very large multi‑year return and trades at a steep sales multiple, so the market may have priced in a lot of that optimism. The hire of a seasoned Chief People Officer slightly de‑risks execution as Kraken scales, but it does not remove core risks around contract timing, cash flow quality, and past dilution.

However, one key execution risk around growth quality still stands out for shareholders.

Kraken Robotics' shares are on the way up, but could they be overextended? Uncover how much higher they are than fair value.

Exploring Other Perspectives

TSXV:PNG 1-Year Stock Price Chart
TSXV:PNG 1-Year Stock Price Chart

Twenty nine Simply Wall St Community members see fair value between CA$2.20 and CA$11.29, with opinions spread across that spectrum. As you weigh those viewpoints, remember Kraken’s rich sales multiple and reliance on continued contract momentum could magnify both upside and downside in the share price, so it helps to compare several independent assessments before committing capital.

Explore 29 other fair value estimates on Kraken Robotics - why the stock might be worth less than half the current price!

Build Your Own Kraken Robotics Narrative

Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include PNG.V.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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