Hello my dears,
I am invested in Kraken Robitics myself.
The seas and oceans have only been explored to a limited extent. And mineral resources and rare earths in the oceans will become increasingly important.
For this reason, I see potential here and remain invested.
(my personal opinion and not investment advice)
ST. JOHN'S, Newfoundland and Labrador, June 4, 2025 (GLOBE NEWSWIRE) - Kraken Robotics Inc. ("Kraken" or the "Company") (TSX-V: PNG, OTCQB: KRKNF) announces the appointment of Kristin Robertson to the Company's Board of Directors. Robertson, formerly with Boeing and RTX Corporation, is a seasoned executive with over 30 years of experience managing complex portfolios of leading U.S. defense companies. She is currently president and owner of KBR Insights, a Virginia-based strategic consulting firm focused on operational excellence, strategy and growth in the aerospace and defense sector.
Robertson has extensive knowledge of disruptive technologies, digital practices and methodologies applied across the lifecycle of defense, aerospace, intelligence and commercial organizations. From 2022 to 2023, she led the space business of RTX Corporation (formerly Raytheon) as President of Space and C2 Systems, delivering cutting-edge integrated space solutions to defense, intelligence and commercial customers worldwide. Prior to that, she spent 28 years at Boeing in various leadership roles in military aircraft and autonomous systems. As vice president and manager of autonomous systems, Robertson led a portfolio of seafloor projects, including the Orca extra-large unmanned underwater vehicle (XLUUV) for the U.S. Navy, and served as chairman of five Boeing subsidiaries, including Liquid Robotics.
Prior to joining Boeing, Kristin was employed by the U.S. Navy as a civilian electronics engineer at the Naval Aviation Depot in San Diego, California. She earned her bachelor's degree in electrical engineering from the University of California at San Diego and her master's degree in international business from Saint Louis University.
"I am honored to join the board of Kraken Robotics, a company that is at the forefront of marine technology and innovation," said Ms. Robertson. "With its cutting-edge underwater imaging, battery and robotic solutions, Kraken is changing the way we explore and understand the deep ocean. I look forward to contributing to its continued growth and global impact."
"We are pleased to welcome Kristen to the Kraken Board of Directors," said Greg Reid, President and CEO of Kraken Robotics. "Her extensive experience in the U.S. defense industry and with leading top contractors will be invaluable to Kraken as we enter the next phase of growth for our company."
Kraken also announced that its Board of Directors has authorized the issuance of 3,425,000 stock options to certain employees and directors. These options have a term of seven years and will vest in four equal installments on the anniversaries of the original grant date. The exercise price of the options is USD 2.42.
