Kraken Robotics (PNG) Corporate presentation summary

Strategy and business overview

• Focuses on delivering market-leading value through innovative subsea technologies for maritime security and offshore energy.

• Offers dual-use products and services across defense, energy, and ocean science markets.

• Differentiators include proprietary IP, advanced engineering, global facilities, and long-standing customer relationships.

• Post-Covelya acquisition, provides a comprehensive portfolio of mission-critical subsea solutions.

• Market capitalization (fully diluted) is approximately $2.4 billion CAD as of June 2026.

Recent highlights and operational expansion

• Achieved record 2025 results: $102M revenue and $25M adjusted EBITDA (pre-acquisition).

• 2026 revenue guidance of $290M–$320M, including Covelya’s half-year contribution.

• Announced $110M in orders YTD 2026 and expanded manufacturing with a new 60,000 sq ft battery facility.

• Closed transformative Covelya acquisition, strengthening balance sheet and leadership.

Global footprint and customer base

• Operates 25 facilities worldwide with over 1,200 employees and >450,000 sq ft production capacity.

• Serves 700+ customers, with top 10 accounting for over 50% of 2025 revenues.

• Holds more than 110 IP patents (active and pending).