FINWIRES · TerminalLIVE
FINWIRES

Kraken Robotics Up 1.8% As Signs Memorandum of Understanding with SEFINE SISAM

By

-- Kraken Robotics (PNG.V) has signed a Memorandum of Understanding (MOU) with SEFINE SISAM (Strategic Unmanned Systems Research Center) during the SAHA exposition in Turkiye, the company said on Wednesday.

As part of the agreement, the company will work with SISAM to integrate Kraken's KATFISH into its mission planning software and develop automatic target recognition (ATR) capabilities for Kraken Synthetic Aperture Sonar, added the company.

"We're pleased to continue our work with SEFINE following a successful at-sea demonstration earlier this year," said Bernard Mills, Executive Vice President of Defence at Kraken Robotics. "This partnership poises us to rapidly develop and deliver relevant capability in a region that combines industrial excellence and operational need. Together, we are advancing fully integrated, autonomous solutions for seabed warfare and mine countermeasures-enhancing the speed, accuracy, and efficiency of maritime security operations."

The company's shares were last seen up $0.13 at $7.20 on the TSX Venture Exchange.

Price: $7.21, Change: $+0.14, Percent Change: +1.98%

Related Articles

Mining & Metals

Earnings Flash (SCR.TO) Strathcona Reports Q1 Production of 116,542 boe/d (99.7% Liquids); Free Cash Flow of $47M ($0.22 / share)

$SCR.TO
Equities

Tenaris Fiscal Q1 Earnings, Revenue Rise

Tenaris (TS) reported fiscal Q1 earnings late Wednesday of $1.07 per American depository share, up from $0.94 a year earlier.Analysts polled by FactSet expected $0.89.Net sales for the quarter ended March 31 rose to $3.10 billion from $2.92 billion a year earlier.Analysts surveyed by FactSet expected $2.99 billion.For Q2, the company said it expects sales will be affected by lower shipments in the Middle East.

$TS
Research

Research Alert: American Homes 4 Rent Reports Mixed Results In Q1 2026

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:AMH delivered Q4 2025 FFO of $0.47 per share, in line with consensus, while revenue of $455M missed estimates despite 4.2% growth driven by higher rental rates. Average occupancy declined 30 bps to 95.0% and blended lease rates of +2.8% decelerated from 3.6% in Q3, signaling weakening pricing power in a challenging rental market. Management significantly lowered 2026 core NOI growth guidance to just 1.0%-3.0%, down from beginning 2025 expectations, citing economic uncertainties. The trust maintains a strong balance sheet with $5.2B total debt, no maturities until 2028, and 8.5-year average maturity. AMH plans $500M-$600M in property acquisitions and $150M-$250M in development for 2026, while executing $115M in share repurchases. We view the disappointing guidance and slowing lease growth as signs of mounting operational headwinds, though the unencumbered balance sheet and disciplined capital allocation provide some stability in the near term.

$AMH