<ul data-eligibleForWebStory="false"><li>Kraken Robotics Inc. closed an underwritten public offering, raising over $115 million by offering 43.2 million common shares at $2.66 per share.</li><li>The successful equity offering demonstrates investor support and Kraken's vision to scale its business, pursue acquisitions, and enhance value for customers and shareholders.</li><li>Kraken specializes in subsea imaging technologies, offering 3D imaging sensors, power systems, and uncrewed maritime systems to address ocean challenges.</li><li>The company acquired 3D at Depth Inc., focusing on high-resolution lidar imaging, as it aims to secure global contracts and expand its presence in the marine systems industry.</li></ul>

Kraken Robotics nets $115M for marine systems in public offering

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