Friday, January 14, 2022 10:53:15 AM
Considering the guidance and the fruits that should be ripening via the RAAS pipeline, both digital twinning and the expansion into the sub-bottom imaging.... the current market cap of $63M USD is value territory
Sub-bottom geo surveys on a large scale are imminent with offshore wind ramping up, both for piles and cable laying
I suspect the digital twinning to be far more applicable to the maintenance end rather than new construction
Mooring inspections, existing hardware of all types, pre/post repair imaging, 3D mapping "as built", etc
We should start seeing the leading edges of the good numbers as the Katfish and other orders become recognized at their respective milestones, especially the final FAT
Let's hope they stay true to their shareholders and fully develop the value before getting purchased by a behemoth
get Kraken
spec
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