Kraken Robotics acquires Covelya Group for $615M
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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 acquires Covelya Group for $615M
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Related Suppliers
Covelya Group
United Kingdom
UK subsea technology group of six sonar and marine-sensor firms, formed around Sonardyne in 2020 and acquired by Kraken Robotics for $615M in 2026.
Kraken Robotics
Canada
Canadian underwater robotics company supplying synthetic aperture sonar, subsea LiDAR, and pressure-tolerant batteries for defense and commercial markets.
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