Kraken Robotics Inc. (TSXV: PNG) is one of this year’s TSX Venture 50 companies — the company is primarily engaged in the design, development, and marketing of advanced sensors for unmanned underwater vehicles used in military and commercial applications.
The firm develops synthetic aperture sonar (SAS), an underwater imaging technology that surveys the seabed by providing ultra-high-resolution imagery. Kraken has evolved from building world-class SAS sensors to building exceptional underwater vehicles, including both tethered (KATFISH™) and autonomous (THUNDERFISH™) versions.
The 2019 TSX Venture 50 is a ranking of top performers on the TSX Venture Exchange over the last year. The ranking is comprised of 10 companies from each of the five industry sectors, and they were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.
For the full 2019 TSX Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50