Mr. Greg Reid reports

KRAKEN ROBOTICS RECEIVES $8 MILLION CONTRACT FOR SUB-SEABED IMAGING SERVICES

Kraken Robotics Inc. has signed an $8-million Acoustic Corer contract that will leverage Kraken's equipment and advanced processing expertise in derisking a marine construction project. Under the contract to be completed this year, Kraken will provide high-resolution sonar imagery at depths of up to 20 metres in the seabed using its three-dimensional Acoustic Corer imaging sonar. This marks the fourth major Acoustic Corer campaign by Kraken since 2022 and builds upon the company's record of having completed numerous multidisciplinary surveys around the globe.

About Kraken Robotics Inc.

Kraken Robotics is a marine technology company providing complex subsea sensors, batteries and robotic systems. The company's high-resolution, three-dimensional acoustic imaging solutions and services enable clients to overcome the challenges in our oceans -- safely, efficiently and sustainably. Kraken Robotics is headquartered in Canada and has offices in North America, South America and Europe.

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