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Kraken Robotics Secures $34M in Battery Orders, Expands in Canada

February 26, 2025 by Newsdesk

Kraken Robotics has secured $34 million in orders for its SeaPower™ pressure-tolerant batteries, including a record $31 million order from an undisclosed defense industry client. To meet demand, Kraken is investing $10 million in a new battery production facility in Nova Scotia, expected to be operational in late 2025.

The 60,000-square-foot facility will triple production capacity and support small and medium UUV markets. Kraken aims to create 200 permanent jobs while strengthening North American subsea defense capabilities. The expansion will complement its existing German facility and support clients across the U.S., Europe, and Asia Pacific.

Want to know more? Check out the source code on GlobeNewswire.

Filed Under: News Tagged With: Kraken Robotics

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