PNG Kraken Robotics Inc

Kraken Robotics Announces $13 Million in Synthetic Aperture Sonar and Battery Sales

Kraken Robotics Announces $13 Million in Synthetic Aperture Sonar and Battery Sales

ST. JOHN'S, Newfoundland and Labrador, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received $13 million in orders for synthetic aperture sonar (SAS) and subsea batteries. The orders are from customers based in the United States, Norway, and Turkey and include an order for 10 SAS from one customer. The Kraken SAS and SeaPower battery systems from this order will be integrated on four different types of uncrewed underwater vehicle (UUV) platforms, ranging in size from small-class to large-class.

“Many defense clients are moving toward Kraken SAS over sidescan because it offers significantly increased area coverage rates and consistent high resolution across the entire swath,” said Greg Reid, President and CEO of Kraken Robotics. “In contested areas when you only have a limited amount of time to survey, Kraken SAS ensures you are getting wide swaths of usable data to enable faster, more accurate identification of subsea hazards.”

Kraken SAS and SeaPower batteries are built to be platform agnostic, coming in several different configurations with modular components to easily integrate into existing or new platforms. This month, several UUV platforms will feature Kraken SAS and SeaPower batteries as more than 20 countries collaborate on naval missions at the Robotic Experimentation and Prototyping using Maritime Unmanned Systems (REPMUS) exercise in Portugal. Kraken SAS was used to classify more than 50 mine-like objects during the annual month-long exercise last year.



Figure 1: Kraken SAS and SeaPower batteries provide high resolution

imagery and increased endurance for UUVs.

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.

LINKS:

SOCIAL MEDIA:

LinkedIn

Twitter

Facebook

YouTube

Instagram

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
03/09/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Kraken Robotics Inc

 PRESS RELEASE

Kraken Robotics Announces $13 Million in Synthetic Aperture Sonar and ...

Kraken Robotics Announces $13 Million in Synthetic Aperture Sonar and Battery Sales ST. JOHN'S, Newfoundland and Labrador, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received $13 million in orders for synthetic aperture sonar (SAS) and subsea batteries. The orders are from customers based in the United States, Norway, and Turkey and include an order for 10 SAS from one customer. The Kraken SAS and SeaPower battery systems from this order will be integrated on four different types of uncrewed underwat...

 PRESS RELEASE

Kraken Robotics Inc. Announces $100 Million Bought Deal Public Offerin...

Kraken Robotics Inc. Announces $100 Million Bought Deal Public Offering of Common Shares Not for distribution to United States newswire services or dissemination in the United States ST. JOHN’S, Newfoundland, June 17, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX.V: PNG, OTCQB: KRKNF) announces that it has entered into an agreement with Desjardins Capital Markets, as sole lead underwriter and sole bookrunner, on behalf of syndicate of underwriters (the "Underwriters") pursuant to which the Underwriters have agreed to purchase 37,600,000 common shares (the...

Kraken Robotics Inc: 1 director

A director at Kraken Robotics Inc sold 810,000 shares at 2.906CAD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...

 PRESS RELEASE

Kraken Robotics Appoints Defense Industry Veteran and Former RTX and B...

Kraken Robotics Appoints Defense Industry Veteran and Former RTX and Boeing Executive Kristin Robertson to Board of Directors ST. JOHN'S, Newfoundland and Labrador, June 04, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that Kristin Robertson has been appointed to the Company’s Board of Directors. Robertson, formerly of Boeing and RTX Corporation, is a highly experienced executive with more than 30 years of managing complex portfolios at top U.S. defense companies. She is currently President and owner of KBR Insights, a Virg...

 PRESS RELEASE

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

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 (EP...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch