Luke_Volt
141 posts

Luke_Volt
@Luke_Volt7
News sharer | Tesla lover 🔋 | $TSLA Just sharing what's happening in the world and connecting with fellow Tesla fans! 👋 @elonmusk @elonmusk @elonmusk











It saddens me that she is enduring all these tourist people. Intelligence is super low











@JLDWG @Jones1 I have this one as well. Life changing. I use it a lot.




This week someone targeted my family for harm with a false report. We’re physically OK, but that doesn’t mean we weren’t harmed. I am beyond furious. Whatever your politics, this is awful, wrong, and can never become normal. substack.com/home/post/p-20…

$KRKNF / $PNG.V Last week, something happened in the defense world that almost nobody noticed, and I think it matters a lot. Kraken Robotics is a Canadian company that makes the components used in underwater drones. The sonar that sees the seabed, the batteries that survive deep ocean depths, and the navigation that works where GPS cannot reach. Militaries around the world are racing to build underwater drone fleets, and almost all of them need parts like these. On July 2, Kraken finally closed the biggest deal in its history. It paid C$615 million for Covelya Group, a collection of six underwater technology companies. The crown jewel is Sonardyne, a 50-year-old British firm that generates ~£90 million in revenue and is already part of the supply chain for Anduril's Ghost Shark / Dive-XL. Four days later, on Monday, July 6, the giants went shopping. $LMT bought an undersea warfare company for $3.5 billion. Italy's biggest shipbuilder spent €600 million on four underwater firms. And Thales, the French defense giant, won a bidding war for Exail, paying $4.5 billion. That price worked out to 8.1x Exail's revenue, after a 44% premium, with two French giants fighting over it. Here is where it gets interesting. Exail is basically a bigger version of what Kraken just assembled. Same industry, same customers, same type of technology. So apply Monday's price to Kraken's new pieces. At 8.1 times revenue, Sonardyne alone, just one of the six companies Kraken bought, would be worth roughly C$1.2 billion. That is close to Kraken's entire market cap today. The stock trades at ~$4.5 USD with a market cap of ~$1.4 billion. Read that again. Kraken paid C$615 million for six companies. Days later, the market indicated that one of those six is worth about double what Kraken paid for all six. Three things can explain a gap like that. Either the giants overpaid on Monday, or Kraken got a steal, or the market simply has not connected the dots yet on a small Canadian stock that closed its deal the same week everyone was distracted. My money is on the last two. (S/O @Tarbay14 for the coverage around Kraken!)





