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Kraken Robotics Hires Terra Penrose as Chief People Officer

ST. JOHN'S, Newfoundland and Labrador, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce the hiring of Terra Penrose as Chief People Officer based out of its Nova Scotia location.

“Terra brings extensive experience shaping high performing teams and scaling structure and support systems to enable people to do their best work,” said Greg Reid, President and CEO of Kraken Robotics. “We are very pleased to welcome Terra to Kraken and expect her to make a meaningful impact on how we work, how we lead, and how we thrive as a team.”

“Kraken’s mission of transforming subsea intelligence is truly inspiring and has attracted an extremely talented team with people who care deeply about what they do,” said Terra Penrose, Chief People Officer at Kraken Robotics. “I’m excited to be joining the company at a time of real momentum and look forward to collaborating with the team to help shepherd Kraken through this period of strong growth.”

For more than 20 years, Terra Penrose has been cultivating culture and connection with employees and leaders across diverse jurisdictions and industries such as defense and aerospace, shipbuilding, municipal government, heavy equipment sales and service, oil and gas, and executive search.

Terra holds a Certified Professional in Human Resources (CPHR) designation and started her career in talent acquisition with a focus on strategic sourcing. She has gone on to lead the delivery of the full cycle of human resources (HR) programs. She is a trusted leader who develops and implements creative people strategies that deliver business results. Prior to joining Kraken Robotics, she served as Chief HR Officer of Stelia Aerospace North America, an advanced aerospace and defence manufacturing subsidiary of Airbus with operations in Nova Scotia and Quebec.

Terra Penrose

Figure 1: Terra Penrose has been hired as Kraken’s new Chief People Officer

ABOUT KRAKEN ROBOTICS INC.
Kraken Robotics Inc. (TSX.V: PNG) (OTCQB: KRKNF) is transforming subsea intelligence through 3D imaging sensors, power solutions, and robotic systems. Our products and services enable clients to overcome the challenges in our oceans – safely, efficiently, and sustainably.

Kraken’s synthetic aperture sonar, sub-bottom imaging, and LiDAR systems offer best-in-class resolution, providing critical insights into ocean safety, infrastructure, and geology. Our revolutionary pressure tolerant batteries deliver high energy density power for UUVs and subsea energy storage.

Kraken Robotics is headquartered in Canada with offices in North America, South America, and Europe, supporting clients in more than 30 countries worldwide.

LINKS:
www.krakenrobotics.com

SOCIAL MEDIA:
LinkedIn www.linkedin.com/company/krakenrobotics
Twitter www.twitter.com/krakenrobotics
Facebook www.facebook.com/krakenroboticsinc
YouTube www.youtube.com/channel/UCEMyaMQnneTeIr71HYgrT2A
Instagram www.instagram.com/krakenrobotics

Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQB has neither approved nor disapproved the contents of this press release.

For further information:

Erica Hasenfus, Director of Global Marketing
erica.hasenfus@krakenrobotics.com

Shant Madian, Director of Capital Markets
shant.madian@krakenrobotics.com

Investor Relations
investors@krakenrobotics.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b1538b0b-6f5e-4904-a823-d90755b9da26


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Terra Penrose

Terra Penrose has been hired as Kraken’s new Chief People Officer

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