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From: Frank Sully5/27/2025 6:49:16 PM
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Kraken Robotics Announces $3M in Kraken SAS Sales

ST. JOHN'S, Newfoundland and Labrador, May 20, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (PNG:CA) (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received new orders totaling more than $3 million for Kraken Synthetic Aperture Sonar (SAS). The Kraken SAS systems will be integrated on small and medium-class uncrewed underwater vehicles (UUVs) for clients in Asia Pacific, Europe, and North America.

“We continue to see high demand for our synthetic aperture sonar on uncrewed systems, especially for small-class UUVs,” said Greg Reid, President and CEO of Kraken Robotics. “Kraken SAS enables clients to significantly increase the capabilities of their uncrewed platforms, providing a larger swath with consistent high resolution, enabling missions to be completed faster and more accurately.”
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