Kraken Robotics stock follows $102 million order update

Published on 11/06/2026 at 22:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kraken Robotics stock has a new order backdrop ahead of its November 24 results. Recent bookings span defense, offshore energy and subsea systems.

Orders and Upcoming Results

Kraken Robotics announced 102 million dollars in new orders since its August update.
Total announced 2026 orders reached approximately 457 million dollars, with more than 60 percent from defense customers.
Third-quarter results are scheduled for November 24 before the market opens.

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Kraken Robotics announced 102 million dollars in new orders on Thursday, November 5, adding to the marine technology company's order visibility ahead of its third-quarter results. The details were published in the Kraken Robotics company release.

The company said announced orders for Kraken and the recently acquired Covelya Group totaled approximately 457 million dollars in 2026. More than 60 percent of the combined orders came from defense customers.

The real-time quote of Kraken Robotics stock was 2.15 euros on Lang & Schwarz at 10:29 p.m. CET on Friday, November 6, 2026.

Bookings span several product lines

More than 55 million dollars of the latest orders came through Covelya businesses, with activity in offshore oil and gas and defense. Kraken also received 25 million dollars for subsea batteries used by unmanned underwater vehicle customers in the defense sector.

A further 22 million dollars covers synthetic aperture sonar systems. Kraken described one of those contracts as its largest single SAS order to date from an undisclosed navy customer. The systems are intended for man-portable unmanned underwater vehicles in a major naval program, which may create additional orders during its multiyear term.

Results date sets next catalyst

Kraken plans to release its third-quarter 2026 financial results before markets open on Tuesday, November 24. Management is scheduled to discuss the results and outlook during a conference call at 8:30 a.m. Eastern Time.