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Kraken Announces Strategic Alliance with ThayerMahan

ThayerMahan to deploy KATFISH™ during US Navy’s Advanced Naval Technology Exercise 2018

ST. JOHN'S, Newfoundland and GROTON, Conn., Feb. 26, 2018 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V:PNG) (OTCQB:KRKNF) (“Kraken” or the “Company”), announced today that its wholly-owned subsidiary, Kraken Robotic Systems Inc. has entered into a strategic alliance agreement with ThayerMahan Inc., a US based systems integrator specializing in maritime autonomous systems.  Both companies are collaborating to deliver next generation underwater sensors and robotics for military, law enforcement, port and maritime security and environmental monitoring applications.

ThayerMahan Inc. was founded by retired U.S. Navy Vice Admiral Mike Connor, who also serves on Kraken's Board of Directors.  During a 35-year career, Vice Admiral Connor commanded at the ship, squadron and task force levels. He served as Commander of the entire U.S. submarine force from September 2012 until September 2015. Vice Admiral Connor led the US Navy's submarine force into robotic undersea systems, achieving key milestones including the first operational deployment and recovery of an unmanned underwater vehicle from a submarine.

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