Kraken Robotics Declares Artificial Aperture Sonar Service for the Offshore Power Market

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ST. JOHN’S, Newfoundland and Labrador, April 08, 2025 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Firm”) (TSX-V: PNG, OTCQB: KRKNF) introduced that it’s launching an artificial aperture sonar (SAS) service for the worldwide offshore vitality market. Kraken’s industrial providers group may have devoted KATFISH towed SAS methods out there for rental beginning July 2025.

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“Whereas the KATFISH has been used efficiently as a service within the protection market for a few years, we’re happy to have a number of property we will introduce to the industrial market,” mentioned Lynne Adu, Govt Vice President and Chief Industrial Officer at Kraken. “SAS affords a major enhance in decision and vary in comparison with sidescan sonar, and there may be already loads of curiosity for purposes like pre- and post- offshore building survey and underwater infrastructure inspection.”

Kraken’s KATFISH towed SAS debuted as a product 7 years in the past. Since then, it has been utilized around the globe for purposes starting from mine countermeasure operations to important underwater infrastructure inspection and harbour survey.

The system affords real-time 3 cm x 3 cm decision with a spread of as much as 200 meters per facet, offering a number of the business’s highest space protection charges out there. The excessive decision of Kraken SAS helps to derisk initiatives, with the flexibility to distinguish between artifical and pure contacts and establish small contacts which may be on or close to infrastructure.

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“Over the subsequent 20 years, we’re anticipated to see a 5 occasions enhance in demand for industrial survey providers within the offshore wind business,” mentioned Chris Almond, Vice President of Enterprise Improvement for Kraken’s providers. “On the similar time, we’re being challenged to lower our carbon footprint. The KATFISH system can survey bigger areas sooner than present options, lowering the quantity of vessel time wanted and subsequently lowering carbon manufacturing with the additional advantage of decreased survey prices.”

Kraken’s SAS service was not too long ago chosen by Offshore Renewable Power (ORE) Catapult, the UK’s main know-how innovation and analysis middle for offshore renewable vitality, to be a part of its Launch Academy. Via Launch Academy, Kraken might be given entry to world-class testing and analysis packages in addition to the chance to work with business, academia, and authorities to place SAS survey providers for the offshore wind business.

With the latest acquisition of 3D at Depth, Kraken Robotics now operates a world offshore providers enterprise out of the UK and the U.S. Kraken world SAS providers will function out of its Aberdeen, UK workplace, the place it additionally supplies sub-seabed imaging providers utilizing its Sub-Backside Imager™ and Acoustic Corer™ applied sciences. With greater than 30 staff based mostly within the UK, Kraken accomplished greater than 20 providers initiatives in 2024, delivering high-quality sub-bottom imaging information to purchasers throughout 13 international locations.

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Determine 1: Kraken will present artificial aperture sonar surveys for
the offshore vitality market with its KATFISH towed system.

ABOUT KRAKEN ROBOTICS INC.

Kraken Robotics Inc. (TSX.V: PNG) (OTCQB: KRKNF) is reworking subsea intelligence by 3D imaging sensors, energy options, and robotic methods. Our services allow purchasers to beat the challenges in our oceans – safely, effectively, and sustainably.

Kraken’s artificial aperture sonar, sub-bottom imaging, and LiDAR methods supply best-in-class decision, offering important insights into ocean security, infrastructure, and geology. Our revolutionary stress tolerant batteries ship excessive vitality density energy for UUVs and subsea vitality storage.

Kraken Robotics is headquartered in Canada with workplaces in North America, South America, and Europe, supporting purchasers in additional than 30 international locations worldwide.

LINKS:
www.krakenrobotics.com

SOCIAL MEDIA:

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Sure info on this information launch constitutes forward-looking statements. When used on this information launch, the phrases “could”, “would”, “may”, “will”, “intend”, “plan”, “anticipate”, “imagine”, “search”, “suggest”, “estimate”, “anticipate”, and comparable expressions, as they relate to the Firm, are supposed to establish forward-looking statements. Particularly, this information launch comprises forward-looking statements with respect to, amongst different issues, enterprise goals, anticipated development, outcomes of operations, efficiency, enterprise initiatives and alternatives and monetary outcomes. These statements contain recognized and unknown dangers, uncertainties and different components that will trigger precise outcomes or occasions to vary materially from these anticipated in such forward-looking statements. Such statements replicate the Firm’s present views with respect to future occasions based mostly on sure materials components and assumptions and are topic to sure dangers and uncertainties, together with with out limitation, modifications in market, competitors, governmental or regulatory developments, common financial circumstances and different components set out within the Firm’s public disclosure paperwork. Many components may trigger the Firm’s precise outcomes, efficiency or achievements to differ from these described on this information launch, together with with out limitation these listed above. These components shouldn’t be construed as exhaustive. Ought to a number of of those dangers or uncertainties materialize, or ought to assumptions underlying forward-looking statements show incorrect, precise outcomes could differ materially from these described on this information launch and such forward-looking statements included in, or integrated by reference on this information launch, shouldn’t be unduly relied upon. Such statements converse solely as of the date of this information launch. The Firm doesn’t intend, and doesn’t assume any obligation, to replace these forward-looking statements. The forward-looking statements contained on this information launch are expressly certified by this cautionary assertion.

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Neither the TSX Enterprise Trade Inc. nor its Regulation Companies Present (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch, and the OTCQB has neither permitted nor disapproved the contents of this press launch.

For additional info:

Erica Hasenfus, Director of Advertising and marketing
erica.hasenfus@krakenrobotics.com

Joe MacKay, Chief Monetary 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 photograph accompanying this announcement is on the market at https://www.globenewswire.com/NewsRoom/AttachmentNg/cbf2eb7d-4194-4208-a1c1-9f426de1033b

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