Kraken Robotics acquires Covelya Group for $615M

Kraken Robotics acquires Covelya Group for $615M

Covelya Group expands Kraken Robotics' product offerings and total addressable market in subsea technology. The post Kraken Robotics acquires Covelya Group for $615M appeared first on The Robot Report.

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Kraken Robotics

Kraken Robotics specializes in advanced subsea technology, offering products such as Kraken SAS and KATFISH Towed SAS for high-resolution imaging. Their SeaPower Batteries provide energy solutions for underwater vehicles. Services include LiDAR, sub-bottom imaging, and acoustic coring, enhancing data acquisition and analysis. The company focuses on delivering innovative solutions for defense, energy, and marine research sectors.