$ONDS just dropped +$40M in new June orders, bringing Q2 total to over $150M. Demand surging across Counter-UAS and Loitering Munition Systems. Rotron's SkyLance also validated under UK MoD's Project Brakestop. Autonomous defense is heating up.
Covelya acquisition done by July 2.
Next up: TSX uplisting!!
Big news for Kraken Robotics $KRKNF $PNG.NE
All of this after respecting the chart perfectly.
Kraken Robotics announces regulatory approval of its acquisition of Covelya Group.
“We are excited to have received final regulatory approval for our highly strategic and transformative acquisition of Covelya Group,” said Greg Reid, President and CEO of Kraken Robotics.
"Upon closing, our focus will shift to welcoming Covelya’s employees and to creating a global leader in mission-critical solutions for underwater platforms and subsea sensors/monitoring systems.”
For the full announcement, read our news release: https://t.co/5MVAFb2TW6
Kraken Robotics announces regulatory approval of its acquisition of Covelya Group.
“We are excited to have received final regulatory approval for our highly strategic and transformative acquisition of Covelya Group,” said Greg Reid, President and CEO of Kraken Robotics.
"Upon closing, our focus will shift to welcoming Covelya’s employees and to creating a global leader in mission-critical solutions for underwater platforms and subsea sensors/monitoring systems.”
For the full announcement, read our news release: https://t.co/5MVAFb2TW6
So $SMCI raised FY26 guidance to $36B+, has a $39B order book implying $55–60B revenue in 12–18 months, and guides $11.75B for Q4.Revenue: $7B (2023) → $40B (2026). Just 13x forward earnings.
$DELL $260B MC vs $SMCI $24B
Re-rating is coming. I am positioned.
NFA
Chart:
The 2026 World Cup will be a $365 million test of the United States’ systems to protect crowded stadiums from drones as they upend modern warfare and increasingly become a threat to domestic security. Read the full story to learn more: https://t.co/luE7eRe1Pm
$ETHUSD is sitting on its generational trendline bottom and the 0.236 Fibonacci level simultaneously.
0.618 Fib → $3,815
1.0 extension → $5,629
1.618 extension → $8,565
This is a generational buy zone or the beginning of a macro trend break. Monthly chart tells the story.
Desjardins Stock of the week: Kraken Robotics Inc. $PNG.V
Price Target: $14 Cdn
"Since the United States Navy started clearing mines in the Strait of Hormuz , St. John’s-based Kraken Robotics Inc. (PNG:TSX) and Covelya Group Ltd., which Kraken announced in March it was buying — have logged orders worth approximately $40 million over a month and a half, Benoit Poirier, an analyst at Desjardins Capital Markets, said in a note on May 28.
“We view the opportunity as one of the most compelling in our coverage,” Poirier said of the prospects for shares of the marine technology company. He has a price target of $14 for Kraken, well above the 12-month price target of $10.80 based on the calls of five analysts, according to Bloomberg."
I’m still standing on my $ONDS prediction. I’ve got lots of heat from the Ondas investors not going to lie.
Although when I started calling for lower, towards the $5/6 levels when stock was at $12 or even when bullish news constantly came out around $10, the stock still stands lower from these levels.
And maybe we’re not at $5 or $6 yet, but we’re not at $16 or $20 either.
If we go at $6 I’m going LEAPS there. At $5 I’m grabbing some more. That’s the thesis. If it doesn’t play out, all good. There’s thousands of stocks out there.
Kraken Robotics Reports Q1 2026 Financial Results with 35% Year-Over-Year Revenue Growth and Reiterates 2026 Guidance.
For the full announcement, read our news release: https://t.co/U7e3E68L6y
$KRKNF / $PNG.V
UK and France are leading a 40-nation mine clearance operation in the Strait of Hormuz. Royal Navy loading RFA Lyme Bay at Gibraltar. Armed Forces Minister Al Carns on the record: insurance underwriters need "absolute certainty" before the strait reopens, and the autonomous sonar capability being loaded is what provides it.
The photo shows a Kraken AquaPix MINSAS sensor on a Hydroid REMUS, prepared by the Royal Navy's Mine and Threat Exploitation Group. Peter Hunter founded Hydroid. He sits on Kraken's board. The REMUS-AquaPix integration has been operational for years. The Anglo-French stack now executing in the Gulf runs Sonardyne navigation, Chelsea Technologies sensors, Forcys harbor security, and AquaPix SAS payloads. Kraken acquired the first three through the Covelya transaction announced early March.
Kraken is continuing to execute, and this is just the beginning of subsea robotics!🦑
https://t.co/GZ5ukqdXOj