PNG Kraken Robotics Inc

Kraken Robotics Subsidiary 3D At Depth Completes 1,000th Subsea Metrology

Kraken Robotics Subsidiary 3D At Depth Completes 1,000th Subsea Metrology

ST. JOHN'S, Newfoundland and Labrador, May 06, 2025 (GLOBE NEWSWIRE) -- 3D At Depth, a subsidiary of Kraken Robotics and leader in subsea metrology and advanced underwater measurement solutions, is proud to announce the successful completion of its 1,000th subsea metrology project. This significant milestone underlines the company's commitment to innovation, precision, and excellence in the underwater technology and engineering sector. 

3D at Depth was contracted by an Engineering, Procurement, and Construction (EPC) contractor to perform a LiDAR spool metrology for TotalEnergies in 1,350 meter water depth at the Girassol oil field, located in Angola, West Africa. A remotely operated vehicle (ROV) was mobilized with 3D at Depth’s Subsea LiDAR in two hours. Total operational time for the two-position scan metrology was four hours and deliverables were provided to the end client within 24 hours.  

“Not only does the support of advanced technologies and touchless solution provide TotalEnergies with the ability to de-risk inspection, maintenance, and repair, the increased efficiency and rapid acquisition allows us to continue to reduce our environmental impact,” said Maïwenn Keryell-Even, Survey Engineer, and Simon Olive, Product Owner Survey and Positioning, TotalEnergies. 

Established in 2011, 3D at Depth is dedicated to delivering high-quality subsea measurement services, leveraging proprietary leading-edge technology and highly skilled and experienced personnel to deliver accurate results to clients. The completion of the 1,000th project demonstrates the company's focus on pushing the boundaries of subsea capabilities to provide high quality data and deliverables to enhance operational efficiency in challenging global underwater environments. 

“Our 1,000th subsea metrology project is a significant milestone for 3D at Depth and we were delighted to support TotalEnergies,” said Euan Tait, COO of 3D at Depth. “Our team’s commitment to technology innovation and advancements will continue to ensure the highest standards of quality and reliability for clients worldwide.” 



Figure 1: 3D Model of critical subsea infrastructure for spool metrology

A video of 3D at Depth’s 1000th subsea metrology can be viewed at .

ABOUT 3D AT DEPTH:   

3D at Depth, a subsidiary of Kraken Robotics, specializes in underwater data acquisition, providing unparalleled expertise and cutting-edge solutions to a diverse array of in water measurement challenges. From initial underwater survey planning to final data delivery, our comprehensive end-to-end approach and commitment to excellence has positioned us as industry leaders, empowering our clients worldwide with detailed and accurate three-dimensional point clouds which provide an insightful and holistic view of underwater environments.



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ABOUT KRAKEN ROBOTICS INC.

Kraken Robotics Inc. (TSX.V: PNG) (OTCQB: KRKNF) is transforming subsea intelligence through 3D imaging sensors, power solutions, and robotic systems. Our products and services enable clients to overcome the challenges in our oceans – safely, efficiently, and sustainably.

Kraken’s synthetic aperture sonar, sub-bottom imaging, and LiDAR systems offer best-in-class resolution, providing critical insights into ocean safety, infrastructure, and geology. Our revolutionary pressure tolerant batteries deliver high energy density power for UUVs and subsea energy storage.

Kraken Robotics is headquartered in Canada with offices in North America, South America, and Europe, supporting clients in more than 30 countries worldwide.

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FORWARD-LOOKING STATEMENTS

Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQB has neither approved nor disapproved the contents of this press release.

For further information:

Erica Hasenfus, Director of Marketing

Joe MacKay, Chief Financial Officer

(416) 303-0605

Greg Reid, President & CEO

(416) 818-9822

Sean Peasgood, Investor Relations

(647) 955-1274

A photo accompanying this announcement is available at



EN
06/05/2025

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