Kraken Broadcasts Appointment of David Shea as Chief Expertise Officer

Kraken Broadcasts Appointment of David Shea as Chief Expertise Officer

ST. JOHN’S, Newfoundland, Jan. 10, 2023 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), at this time introduced that David Shea, Government Vice President (EVP) of Merchandise, will tackle the extra function of Kraken’s Chief Expertise Officer (CTO). Mr. Shea joined Kraken greater than 10 years in the past at its inception, and has been directing Kraken’s engineering, product growth, and R&D in a wide range of roles, first as Kraken’s Senior Vice President of Engineering and subsequently as EVP, Merchandise.

“I’m excited to proceed my work with Kraken in offering technical management, technique, and imaginative and prescient as our firm evolves into its subsequent section of progress,” says Mr. Shea. “Over the previous ten years, we’ve got assembled a proficient world crew of world-class engineers, scientists, technicians, and technologists who’re creating and delivering a few of the most superior subsea imaging options on the earth. From high-resolution seabed mapping options working within the harshest environments on earth, to subsea vitality programs that energy exploration of the deepest components of our oceans, Kraken’s expertise is examined and validated by our prospects in real-world circumstances day-after-day. I look ahead to working in shut collaboration with Kraken’s new President and CEO, Greg Reid, and the remainder of our government crew as we ship the way forward for subsea mapping options to guard and energy the underwater area.”

Greg Reid, President and CEO of Kraken stated, “I’m glad that we’re capable of present recognition for one of many many necessary roles that David performs inside our group. His experience in ocean expertise, expertise in product growth, and management of our engineering groups offers worthwhile help to Kraken in persevering with our mission of creating distinctive subsea intelligence options for purchasers to beat the challenges in our oceans – safely, effectively, and sustainably. We’re excited for David to proceed to steer the execution of Kraken’s cutting-edge expertise and product growth.”


Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine expertise firm devoted to the manufacturing and sale of software-centric sensors, subsea batteries, and underwater robotic programs. It offers high-resolution 3D acoustic imaging options and companies to allow purchasers to beat the challenges in our oceans – safely, effectively, and sustainably. Kraken Robotics is headquartered in Canada and has workplaces in North and South America and Europe. Kraken is ranked as a High 100 marine expertise firm by Marine Expertise Reporter.

Sure data on this information launch constitutes forward-looking statements. When used on this information launch, the phrases “might”, “would”, “might”, “will”, “intend”, “plan”, “anticipate”, “consider”, “search”, “suggest”, “estimate”, “count on”, and related expressions, as they relate to the Firm, are meant to determine forward-looking statements. Particularly, this information launch incorporates forward-looking statements with respect to, amongst different issues, enterprise targets, anticipated progress, outcomes of operations, efficiency, enterprise initiatives and alternatives and monetary outcomes. These statements contain recognized and unknown dangers, uncertainties and different elements which will trigger precise outcomes or occasions to vary materially from these anticipated in such forward-looking statements. Such statements mirror the Firm’s present views with respect to future occasions primarily based on sure materials elements and assumptions and are topic to sure dangers and uncertainties, together with with out limitation, adjustments in market, competitors, governmental or regulatory developments, normal financial circumstances and different elements set out within the Firm’s public disclosure paperwork. Many elements might trigger the Firm’s precise outcomes, efficiency or achievements to range from these described on this information launch, together with with out limitation these listed above. These elements shouldn’t be construed as exhaustive. Ought to a number of of those dangers or uncertainties materialize, or ought to assumptions underlying forward-looking statements show incorrect, precise outcomes might range materially from these described on this information launch and such forward-looking statements included in, or included by reference on this information launch, shouldn’t be unduly relied upon. Such statements converse solely as of the date of this information launch. The Firm doesn’t intend, and doesn’t assume any obligation, to replace these forward-looking statements. The forward-looking statements contained on this information launch are expressly certified by this cautionary assertion.

Neither the TSX Enterprise Alternate Inc. nor its Regulation Providers Present (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch, and the OTCQB has neither authorised nor disapproved the contents of this press launch.

For additional data, please contact:

Stephen Griffin, Group Advertising Supervisor
[email protected]

Joe MacKay, Chief Monetary Officer
(416) 303-0605
[email protected]

Greg Reid, President & CEO
(416) 818-9822
[email protected]

Sean Peasgood, Investor Relations
(647) 955-1274
[email protected]

Kraken Broadcasts Appointment of David Shea as Chief Expertise Officer

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