This is one of 2026 and 2027 most underrated AI autonomous plays out there right now:
Russia has severed 11 subsea cables in 15 months in the Baltic Sea.
Not because of accidents. Not because of fishing trawlers. Not because of natural damage.
Because of deliberate anchor dragging by vessels linked to the Russian shadow fleet.
Now Iran has full control of the undersea in Hormuz Strait.
Here's what you should know:
Kraken Robotics Inc. ($PNG.NE)
Market cap: CAD $2.2B.
> They manufacture the only NATO-qualified synthetic aperture sonar (SAS) capable of mapping the seabed at the resolution required to detect and track underwater threats before cables are cut.
> The problem size: 99% of global internet data travels through approximately 600 subsea cables.
> $10 trillion in daily financial transactions traverse this infrastructure. The EU just committed €347 million to subsea cable security in February 2026.
On May 6, Kraken signed an MOU with SEFINE SISAM, Turkey's strategic unmanned systems research center, to integrate KATFISH into mission planning software with automatic target recognition.
This is how NATO procurement starts. A demonstration, an MOU, then a procurement contract.
The Combined Naval Event at Farnborough runs May 19–21. Kraken is presenting. Formal procurement discussions follow events like this.
Either the NATO cable protection mandate generates a contract before the end of 2026, or it doesn't.
But at CAD $2.2B vs a €347M EU commitment that hasn't reached a single qualified supplier yet, you're not paying for the outcome.
-BP
Not financial advice. DYOR.
$KRKNF $PNG.V $PNG.NE
