Kraken Robotics Appoints Peter Hunter as Chairman of Board of Directors

Kraken Robotics Inc. (Kraken) announces that effective April 23, Peter A. Hunter has been appointed Chairman of the Company’s Board of Directors. Mr. Hunter joined Kraken’s Board in November of 2023 and is the founder, Chairman, and Managing Partner of Artemis Capital Partners, L.P., a Boston-based specialized private equity firm focused on differentiated industrial technology manufacturers.

An attorney and a CPA, Mr. Hunter has over 30 years of experience as both an investor and operator. His areas of expertise include strategic growth, structuring of multi-stakeholder strategies (including M&A, joint ventures and partnerships), corporate governance, and organizational planning. Mr. Hunter also has subsea technology expertise, having served three years as the Chairman of Hydroid, LLC, an industry leader in unmanned underwater vehicles (UUVs) with its REMUS UUV brand. Mr. Hunter was Chairman of Hydroid from its early days to its eventual acquisition by Kongsberg Maritime, AS in 2008. Hydroid was subsequently acquired from Kongsberg in 2020 by Huntington Ingalls, the US Navy’s largest shipbuilder and UUV provider (now known as HII).

Greg Reid, Kraken’s President and CEO and Director noted, “We are pleased to see Peter take on the Chairmanship of the Kraken Board of Directors. In his short time on the Kraken Board, Peter has added very valuable experience and perspective. The senior management team looks forward to working closely with Peter and the Board to take the company to the next level.”