Kraken Robotics Inc. announced that its long-standing customer, ECA Group, is part of the Belgium Naval & Robotics consortium that was recently announced as the winner of a €1.8 billion contract to supply 12 mine hunting vessels and 100 drones. The final notification of their contract is expected to take place in the coming weeks. The Belgian and Dutch navies are acquiring the latest generation of mine hunters designed by Naval Group and will integrate ECA Group's naval drone systems capable of conducting autonomous underwater minehunting and clearance operations. ECA Group’s share of the contract is valued at approximately €450 million. Kraken is a supplier to ECA for Synthetic Aperture Sonar sensors, software and electronics for underwater drones (autonomous underwater vehicles and towfish). Senior executives from Kraken and ECA plan to meet in the coming weeks to discuss specific requirements, delivery and contract details. More details will be released as appropriate, but on successful contract conclusion and if all contract options are exercised as quoted, Kraken's portion of the program is expected to be in excess of CAD 35 Million.