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Transcript

Kiran Menachery

  1. 0:00 There's a $4 stock on the Toronto Stock Exchange that is currently dominating the underwater market for defense.
  2. 0:07 Kraken Robotics, their tickers KR, KNF is a hidden gem in the defense tech sector.
  3. 0:12 I think what makes them special is their bats nuclear batteries with 200% better energy density for underwater vehicles and their sonar equipment that can create HD images of two centimeter objects from over 200 meters away on the ocean floor.
  4. 0:26 The numbers are great.
  5. 0:27 Revenue grew from $12 to $91 million in just four years with a 65% annual growth rate.
  6. 0:34 They're finally profitable with 20% net margins, which is impressive for a company this young with this high tech of a product.
  7. 0:42 The best part, they're building a 60,000 square foot battery factory right next to Androll's Rhode Island facility.
  8. 0:48 Each underwater vehicle that Andrew creates has at least two to ten million dollars worth of Kraken content.
  9. 0:54 With the US spending $214 billion into under into submarines and underwater defense, I think Kraken is positioned perfectly to benefit from this new tech boom.