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Kraken Robotics Reports Q1 2026 Financial Results with 35% Year-Over-Year Revenue Growth and Reiterates 2026 Guidance
Globenewswire· 2026-05-28 18:30
KEY HIGHLIGHTS MANAGEMENT COMMENTS "Our first quarter results were in-line with our expectations, with financial performance expected to improve throughout 2026, consistent with prior years due to the seasonal nature of our business," said Greg Reid, President and CEO of Kraken Robotics. "We continue to execute on securing new products orders, including growing traction with new defence customers, and recently expanded our battery manufacturing capacity to support anticipated growth. Industry fundamentals a ...