Nekkar ASA: Syncrolift awarded substantial shiplift contract in the US

4.11.2026 18:47:08 CET | Nekkar ASA | Additional regulated information required to be disclosed under the laws of a member state

November 4 - Nekkar ASA's wholly owned subsidiary Syncrolift AS has been awarded a contract by a US-based undisclosed customer for the design and supply of a shiplift system.

This is a significant undertaking for Syncrolift and is the largest contract in the company's history. Work commences immediately with final delivery scheduled for 2028.

"This is Syncrolift's largest contract to date. The award confirms that Syncrolift's technology and track record are competitive and strengthens the company's position as the leading supplier of shiplift and transfer systems to naval and commercial shipyards worldwide," says Ole Falk Hansen, CEO of Nekkar ASA.

Further details about the project will be announced at a later stage in agreement with the customer.

Nekkar defines a substantial contract as a contract with a total value above MNOK 800.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

CONTACTS

* Per Christian Olsen, Investor Relations, Nekkar ASA, +47 90 02 90 77, investor.relations@nekkar.com

ABOUT NEKKAR ASA

Nekkar (OSE: NKR) is an industrial long-term owner of ocean-based technology companies. The company invests in and develops technology businesses within sustainable oceans, robotics and intelligent logistics, and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar applies an active buy-to-own strategy to build long-term value. The group supports empowered operating companies with a strong balance sheet and reinvests strategically to ensure profitability and sustainable growth. As a publicly listed company, Nekkar has a proven track record of shareholder value creation through disciplined M&A, financial management, and capital allocation.