Nordic Technology Group AS

Regulatory Filings • Dec 3, 2025

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 rune.rinnan@ntechgroup.no www.ntechgroup.no

Kaare Lunde

CEO, Hammertech AS info@hammertech.no www.hammertech.no