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Kraken Reports Record 2021 Financial Results

Kraken Awarded $7 1 Million of Contracts for Offshore

Kraken to Join LifeMoor Mooring Chain Inspection Project

Kraken to Join LifeMoor Mooring Chain Inspection Project May 27, 2021 06:00 ET | Source: Kraken Robotics Inc. Kraken Robotics Inc. Mount Pearl, Newfoundland and Labrador, CANADA ST. JOHN’S, Newfoundland, May 27, 2021 (GLOBE NEWSWIRE) Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that it has joined the LifeMoor project, an industry collaboration focused on improving the lifetime estimate of subsea mooring chains. This 4-year “Knowledge Building Project for Industry” started in 2018. LifeMoor is supported by the Research Council of Norway and run by SINTEF, Norway’s largest independent research institution. The project includes a consortium of industry partners (NTNU, Equinor, MacGregor, Aker BP, Nosted, Kraken Robotics).

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