Kraken Robotics Receives $2.2 Million Order for Subsea Batteries

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 SeaPowerTM 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.

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