Kraken Delivers Mine Hunting Solution to Australian Navy

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announces that it has supplied high-resolution seabed mapping sonar equipment to the Royal Australian Navy. Kraken delivered its KATFISH high-speed high-definition seabed awareness solution in Q2, and recently completed system integration and sea trials in Cairns, Australia. Kraken expects to provide additional in-service support including training, spares and operational support. Continuing to build off successful KATFISH deliveries with various NATO navies, this represented Kraken’s first KATFISH system sale in the Asia-Pacific region.

This system delivery follows the results of a successful in-country demonstration of KATFISH™ for the Royal Australian Navy in Q1 of this year. Kraken’s team worked in concert with a local Australian survey company, to complete a 60km² feature detection survey that provided real-time ultra-high-resolution imagery and bathymetry of the seafloor along coastal waterways.