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Started by Kiran Menachery
The discussion evaluates the market position and competitive advantages of Kraken Robotics within the underwater defense technology sector. The debate focuses on the company's technical specifications, financial growth metrics, and its potential to capture a significant share of government defense spending.
There's a $4 stock on the Toronto Stock Exchange that is currently dominating the underwater market for defense. Kraken Robotics, their tickers KR, KNF is a hidden gem in the defense tech sector. 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. The numbers are great. Revenue grew from $12 to $91 million in just four years with a 65% annual growth rate. They're finally profitable with 20% net margins,…