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Nordic Technology Group AS

Regulatory Filings Dec 3, 2025

3681_rns_2025-12-03_c356ac39-b09d-45be-969f-af7b31da0ee1.html

Regulatory Filings

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Hammertech AS Receives Significant Repeat Order for AquaField Mud Meters from a Global Drilling Service Provider

Hammertech AS Receives Significant Repeat Order for AquaField Mud Meters from a Global Drilling Service Provider

Bergen, Norway -- Hammertech AS, a subsidiary of Nordic Technology Group AS

(NTG), has received a substantial repeat order valued at approximately NOK 4.1

million from a major global drilling service provider. The customer has been

evaluating AquaField Mud Meters across different operational settings, and

this new order represents a continued scale-up of their use of the Hammertech

technology.

Building on Proven Performance

The order includes equipment intended for both onshore and offshore

operations, supporting the customer's broader initiatives to improve

operational insight and reduce manual handling. AquaField Mud Meters have

demonstrated strong performance in demanding drilling conditions by delivering

real-time data on drilling fluid and solids content.

Unique Capabilities Driving Adoption

AquaField continues to gain momentum as a next-generation measurement

technology in modern drilling workflows. As the first solution capable of

providing continuous measurement of both mud and solids in real time,

AquaField enables operators to improve efficiency, enhance safety, and support

increasingly automated drilling processes.

Market Momentum and Outlook

This repeat order reflects Hammertech's growing footprint in the drilling

technology segment. With rising international interest and multiple ongoing

customer evaluations, Hammertech expects continued uptake through 2026 and

expanding demand in subsequent years.

Executive Commentary

Kaare Lunde, CEO of Hammertech AS, said:

"This repeat order confirms the value our technology brings to drilling

operators seeking higher-quality real-time data. We are pleased to support a

global industry player as they advance their measurement and automation

capabilities."

About Hammertech AS

Hammertech AS, part of Nordic Technology Group AS (NTG), develops advanced

multiphase flow-metering technologies for the energy sector. The AquaField Mud

Meter delivers continuous, real-time measurement of drilling fluids and

solids, enabling safer operations and improved decision-making.

Contact Information

Group CEO Rune Rinnan

Chair, Hammertech AS

Mob. +47 900 56 028

[email protected]

www.ntechgroup.no

Kaare Lunde

CEO, Hammertech AS

[email protected]

www.hammertech.no

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