$KRKNF Kraken Robotics is one of my favorite plays in the stock market right now, and should do really well heading into Anduril's eventual IPO.
Here is a full catalyst list of every important date the company has upcoming over the next 6-12 months.
• June 16–17 — Global Offshore Wind conference
• June 24 — Annual shareholder meeting
• Late June / end of Q2 — Expected closing of the $615M Covelya acquisition
• At Covelya closing — Updated combined 2026 revenue EBITDA guidance
• At Covelya closing — $402.5M of subscription receipts convert into common shares
• July 2026 — Anduril is expected to complete its U.S. Navy CAMP Dive-XL demonstration
• Before July 7 — UK expected to publish its new defence investment plan
• July 7–8 — NATO Summit; potential new maritime, autonomous systems subsea security spending commitments
• August 19–20 — DALO Industry Days in Denmark
• Late August — Q2 earnings first major update following the expected Covelya closing
• H2 2026 — New battery manufacturing capacity ramp and delivery execution
• H2 2026 — Potential new sonar, battery, KATFISH and defence contract announcements
• Q4 2026 — EU smart-cable and submarine cable-security funding decisions
• November — Q3 earnings first fuller look at Covelya integration and combined financial performance
• December 31 — Final acquisition financing backstop if the Covelya deal is somehow still not completed
Ongoing narrative:
• Covelya integration synergy upside vs dilution/debt risk
• NATO rearmament and critical underwater infrastructure spending
• Anduril/Ghost Shark production exposure
• Second-half weighted revenue creates major execution upside/risk
• Kraken evolving from a small sonar supplier into a global subsea defence platform