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

Rhea-AI Summary

Kraken Robotics (OTCQB:KRKNF) has secured $13 million in new orders for synthetic aperture sonar (SAS) and subsea batteries from customers in the United States, Norway, and Turkey. The orders include a significant purchase of 10 SAS systems from a single customer.

The company's SAS and SeaPower battery systems will be integrated into four different types of uncrewed underwater vehicle (UUV) platforms. The technology offers superior area coverage rates and consistent high-resolution imaging compared to traditional sidescan sonar, making it particularly valuable for defense applications in contested areas.

The systems will be showcased at the REPMUS exercise in Portugal, where UUV platforms from over 20 participating countries will feature Kraken's technology. During last year's exercise, Kraken SAS successfully classified more than 50 mine-like objects.

Positive

• Secured significant $13 million in new orders for SAS and subsea batteries
• Large single order of 10 SAS systems from one customer shows strong market demand
• Technology integration with multiple UUV platforms demonstrates product versatility
• Proven performance record with successful detection of over 50 mine-like objects in previous REPMUS exercise

Negative

• None.

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:
www.krakenrobotics.com

SOCIAL MEDIA:
LinkedIn www.linkedin.com/company/krakenrobotics
Twitter www.twitter.com/krakenrobotics
Facebook www.facebook.com/krakenroboticsinc
YouTube www.youtube.com/channel/UCEMyaMQnneTeIr71HYgrT2A
Instagram www.instagram.com/krakenrobotics

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
erica.hasenfus@krakenrobotics.com

Joe MacKay, Chief Financial Officer
(416) 303-0605
jmackay@krakenrobotics.com

Greg Reid, President & CEO
(416) 818-9822
greid@krakenrobotics.com

Sean Peasgood, Investor Relations
(647) 955-1274
sean@sophiccapital.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/247e4728-1a88-446d-8d95-e5cbf53c1a0f

FAQ

What is the value of Kraken Robotics' (KRKNF) new orders announced in September 2025?

Kraken Robotics secured $13 million in new orders for synthetic aperture sonar (SAS) and subsea batteries from customers in the United States, Norway, and Turkey.

How many SAS systems were ordered from Kraken Robotics in their largest single order?

One customer placed an order for 10 SAS systems, which will be integrated into various uncrewed underwater vehicle (UUV) platforms.

What are the advantages of Kraken's SAS technology over traditional sidescan sonar?

Kraken's SAS technology offers significantly increased area coverage rates and consistent high resolution across the entire swath, enabling faster and more accurate identification of subsea hazards.

How many countries will be using Kraken's technology at the REPMUS exercise in Portugal?

More than 20 countries will collaborate on naval missions at REPMUS, where several UUV platforms will feature Kraken's SAS and SeaPower batteries.

What was Kraken's SAS performance record at the previous REPMUS exercise?

During the previous year's month-long exercise, Kraken's SAS technology successfully classified more than 50 mine-like objects.