Revenue increased 31% to $91 million, adjusted EBITDA increased 47% to $21 million, and sales pipeline more than doubles to $2 billion

SAINT-JEAN DE TERRE-NEUVE, Terre-Neuve-et-Labrador, 08 avr. 2025 (GLOBE NEWSWIRE) -- Kraken Robotics, Inc. (« Kraken » ou la « Société ») (TSX-V : PNG ; OTCQB : KRKNF) a annoncé le lancement d’un service de sonar à synthèse d’ouverture (SAS) pour le marché mondial de l’énergie offshore. À partir de juillet 2025, l’équipe commerciale de Kraken proposera à la location des systèmes SAS remorqués KATFISH.

ST. JOHN'S, Newfoundland and Labrador, April 08, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announced that it is launching a synthetic aperture sonar (SAS) service for the global offshore energy market. Kraken’s commercial services team will have dedicated KATFISH towed SAS systems available for rental starting July 2025.

ST. JOHN'S, Newfoundland and Labrador, April 02, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that, through a subsidiary, it has completed the acquisition of 3D at Depth Inc. (“3D at Depth”) on the terms previously disclosed in the Company’s press release dated March 13, 2025. 3D at Depth is a subsea services company specializing in high resolution LiDAR imaging and measurements.

A Leader in Underwater LiDAR Services, 3D at Depth Brings Expertise and Strong Customer Relationships

ST. JOHN'S, Newfoundland and Labrador, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) is saddened to announce the passing of Founder and former CEO, Karl Kenny on February 11, 2025, at the age of 64. Karl founded Kraken in 2012 and was instrumental in building the company into a leading player in subsea robotics over his 10-year tenure, before retiring in December 2022.  

Year to date Revenue increased 52% Year-over-Year to $63 Million, Adjusted EBITDA increased 64% to $14 Million

Not for distribution to United States newswire services or dissemination in the United States.

Final Short Form Prospectus Accessible on SEDAR+

ST. JOHN'S, Newfoundland and Labrador, Sept. 03, 2024 (GLOBE NEWSWIRE) -- SeeByte Ltd (SeeByte) and Kraken Robotics Inc. (Kraken) have signed a Memorandum of Understanding (MOU) under which they will seek to enhance their complimentary system offerings to bring customers an integrated solution across maritime mission planning, data collection, and data analysis.

Revenue increased 67% Year-over-Year to $22.8 Million, Adjusted EBITDA increased 79% to $5.4 Million

ST. JOHN’S, Newfoundland and Labrador, June 27, 2024 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that its 2024 Annual and Special Meeting of Shareholders (the “Meeting”) was held virtually on Monday, June 24, 2024, at 1 pm EST. Shareholders voted in favour of all items put forward by the Board of Directors and Management. A total of 78,043,612 common shares were voted, representing 37.57% of total shares issued and outstanding as at the record date of the meeting.

ST. JOHN'S, Newfoundland and Labrador, June 20, 2024 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. ("Kraken" or the "Company") (TSX-V: PNG, OTCQB: KRKNF) announces that it has received repeat orders totalling $2.2 million for subsea batteries from existing Naval clients reaffirming their trust in our cutting-edge SeaPower^TM batteries. Rated for depths up to 6,000 meters, Kraken’s innovative subsea batteries provide up to twice the energy density and weigh 46% less per kWh than traditional pressure-housed batteries, making them the ideal choice for challenging underwater missions.

Revenue increased 175% to $21 million, Adjusted EBITDA increased 354% to $4 million

Final Short Form Prospectus Accessible on SEDAR+