Thank you Dave and good morning everyone, and thank you for joining Kraken Robotics’ earnings release call for the three and 12 months ended December 31, 2024.

Petrobras asked suppliers for up to 82 subsea trees, two electro-hydraulic distribution units (UDEH), one emergency shutdown valve (ESDV) and four in-line tees (ILT), as well as support to provide ...