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Kraken Robotics has $35M in SeaPower battery sales

By The Northwire Desk — AI Analysis Jan 13, 2026 · 13:28 PNG · 8.43 Kraken Robotics Inc
PNG · Price

Executive Summary

  • Kraken Robotics announced $35 million in SeaPower battery sales to three unnamed customers.
  • The sales underscore growing demand for high‑energy‑density subsea batteries across UUV platforms and support the company’s expansion of manufacturing capacity in North America and Europe.
  • The revenue boost is expected to contribute positively to 2026 financial performance and reinforces Kraken’s positioning in the rapidly expanding UUV market.

Key Details

  • Total sales amount: $35 million in SeaPower battery contracts.
  • Customer base: Sales were made to three unnamed customers operating UUVs.
  • Product advantage: SeaPower batteries deliver 200 % higher energy density and are 46 % lighter per kWh than traditional oil‑compensated or pressure‑housed batteries.
  • Market impact: Enables longer, deeper, and more complex underwater missions for defence, commercial, and marine research applications.
  • Manufacturing expansion: New production capacity coming online in North America, complemented by existing European operations, to meet rising demand.
  • Future outlook: Company expects continued strong growth throughout 2026 with integration onto additional UUV platforms ranging from extra‑large (XLUUV) to small (SUUV).

Notable Quotes

“We're pleased to see increasing momentum on our SeaPower battery sales and look forward to continued strong growth with our current UUV customers and to integrating on several new platforms throughout 2026.” – Greg Reid, President & CEO, Kraken Robotics.

Read the original news release →

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