Kraken Robotics receives $34M in battery orders, plans new facility

Kraken Robotics received orders totaling $34 million for SeaPower pressure tolerant batteries from three clients. The company also signed a lease to open a new battery production facility in Nova Scotia, expected to be operational by end of 2025.

“These new orders illustrate the robust customer demand we have for Kraken's SeaPower batteries across the U.S., Europe, and Asia Pacific.”nasdaq.com

• 2 sources
• nasdaq.comKraken Robotics Receives $34 Million of SeaPower Battery Orders | NasdaqFeb 26, 2025
• ept.caKraken Robotics lands $34M SeaPower battery order - Electronic Products & TechnologyElectronic Products & TechnologyEP&amp, T MagazineFeb 28, 2025

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