Mr. Greg Reid reports

KRAKEN ROBOTICS ANNOUNCES $35 MILLION IN SEAPOWER BATTERY SALES

Kraken Robotics Inc. has had $35-million in battery sales to three unnamed customers.

"We're pleased to see increasing momentum on our SeaPower battery sales and look forward to continued strong growth with our current UUV [unmanned underwater vehicle] customers and to integrating on several new platforms throughout 2026. With manufacturing capacity coming on line in North America, in addition to our European operations, we are well positioned to supply power systems to the rapidly growing UUV segment, across platforms from extra-large to small (XLUUV to SUUV)," said Greg Reid, president and chief executive officer of Kraken Robotics.

SeaPower batteries enable long-endurance subsea operations on UUVs. With 200 per cent greater energy density and 46 per cent less weight per kilowatt-hour compared with traditional oil-compensated or pressure-housed batteries, SeaPower enables extended, deeper and more complex underwater missions for defence, commercial and marine research applications.

About Kraken Robotics Inc.

Kraken Robotics is transforming subsea intelligence through 3-D imaging sensors, power solutions and robotic systems. Kraken Robotics' products and services enable clients to overcome the challenges in the oceans -- safely, efficiently and sustainably.

Kraken's synthetic aperture sonar, subbottom imaging and lidar systems offer best-in-class resolution, providing critical insights into ocean safety, infrastructure and geology. Kraken Robotics' 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.

We seek Safe Harbor.