InvestorsHub Logo
Followers 63
Posts 6362
Boards Moderated 2
Alias Born 02/09/2007

Re: None

Sunday, 03/17/2024 9:20:59 PM

Sunday, March 17, 2024 9:20:59 PM

Post# of 563
Couldn’t be more pleased with the CRADA renewal

Continued cutting edge R&D in the military applications of their subsea tech products and services

All indications are that they have successfully captured significant market share in several distinct segments of SAS, subsea power, and sub-bottom profiling

Keeping in mind the cost hurdle to demo the whole line, complete mil-spec testing and certification, bid contracts, produce and deliver initial rounds to various customers

Now they’re demonstrating success in capturing repeat orders and services

You lnow they’re running balls to the wall to grow to meet the surging market demand, especially within the military sector

This will be a billion dollar company pretty quickly if the products are anywhere near what they appear to be

Still under the radar

Where will Kraken be in 5 years?

spec

- Foglifter -