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Off-market insider buying at Kraken Robotics (V:PNG)

Updated Friday Dec 28, 2018 01:28 AM EDT

Ocean Infinity, a 10% Holder, acquired 2,500,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on December 20th, 2018. This represents a $1,000,000 investment into the company's shares and an account share holdings change of 19.2%.

Kraken Robotics is in the Aerospace & Defense Sub Industry Group under the Industrials Sector.

Kraken Robotics Inc, formerly Kraken Sonar Inc, is a Canada-based marine technology company. It designs, manufactures and sales underwater sonar and acoustic sensor equipment for military and commercial applications. The Company develops synthetic aperture sonar (SAS), an underwater imaging technology that improves seabed surveys by providing ultra-high resolution imagery at certain coverage rates. The Company's products include AquaPix, INSIGHT, DataPod and KATFISH. AquaPix system is a miniature interferometric synthetic aperture sonar (MINSAS). INSIGHT is a SAS image processing software for signal processing of Interfermoteric Synthetic Aperture Sonar imagery. DataPod is a removable data storage module for subsea marine applications and utilizes the solid-state disk drive technology to provide a high-density removable data storage solution. KATFISH provides ultra high definition imagery and three-dimensional bathymetry to enable real-time seabed mapping at long ranges.

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Go to Kraken Robotics Inc. (PNG)'s company page

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