Kraken Robotics Announces Closing of Strategic Acquisition of Covelya Group Limited, Updated 2026 Guidance and Appointments to Executive Team
Kraken Robotics Inc. has successfully completed its acquisition of Covelya Group Limited for approximately $615 million, a deal that was previously announced and is subject to closing adjustments. This acquisition, finalized today, marks a significant expansion for Kraken Robotics, a company listed on the TSX Venture Exchange and OTCQB. The transaction is valued in Canadian dollars, reflecting the company's strategic move to enhance its capabilities and market presence in the robotics sector.
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
Kraken Robotics
Canada
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.
Alkadur Robot Systems GmbH
Germany
Alkadur Robot Systems (Germany) manufactures automated doner kebab cutting robots for commercial food service environments. The robotic systems use optically integrated sensors to deliver precise, hygienic, single-button-operated meat slicing for high-volume restaurant and catering operations.
CRP Robot (CN)
China
Chinese high-tech enterprise manufacturing industrial robots, collaborative robots, and core robot components including control systems and servo systems. Main drafting unit of four Chinese national standards in the industrial robot domain.
Dr Robot
Canada
Dr Robot Inc develops WiFi-connected robot platforms, motor drivers, servo controllers, and OEM robot kits for autonomous mobile and humanoid robot development. Products target educational, research, and personal robot application developers.
ProPhotonix Ltd
United States
ProPhotonix manufactures and distributes OEM LED lighting systems and laser diode modules for machine vision applications, providing custom and configurable photonic solutions for industrial inspection and imaging systems.
Troax AB (Sweden)
Troax is a Swedish manufacturer of perimeter guarding and machine guarding panels used to secure industrial robot cells and automated production areas. Its modular steel mesh enclosures provide physical safety barriers compliant with ISO and CE machinery safety standards.
Mapbox
United States
US location platform providing mapping APIs, turn-by-turn navigation SDKs, and geospatial data services for mobile, web, and automotive applications. Used by automakers including Toyota for in-vehicle navigation systems.
Adek Industrial Computers
United States
Headquartered in New Hampshire, ADEK manufactures industrial computers, serves as a full-service OEM manufacturing partner, and offers computer repair services. In addition to building computer systems for end-users, OEMs, and resellers, the company also markets a full line of computer cases, motherboards, single board computers, backplanes, and other components. Its products are sorted into product categories and highlighted, along with warranty information and support services.
Arctek Robótica Industrial (BR)
Brazil
Arctek Robótica Industrial is a Brazilian company specializing in industrial robotics, automation, utilities, and custom machine development. Serves Brazilian industrial clients with tailored automation solutions across robotic integration, process automation, and industrial machinery design.
ASRock Industrial Computer Corporation
Taiwan
ASRock Industrial, a global leader in edge computers and industrial motherboards, delivers high-performance industrial computers, motherboards, and mini PCs. Subscribe for the Latest Automate Show Updates Copyright © 2013-2026 A3 Automate.
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