A single destination for timely, editor-curated robotics news from around the world.
Kraken Robotics Inc. (KRKNF) has faced a significant decline in its stock price, dropping nearly 50% over the past six months. This downturn has raised concerns among investors, as the company has not released substantial news to explain the decline. The sharp decrease in stock value could indicate...
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.
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...
Kraken Robotics has entered into a Memorandum of Understanding (MOU) with SEFINE SISAM, the Strategic Unmanned Systems Research Center, as announced during the SAHA exposition held in Türkiye. This partnership aims to enhance collaboration in the development of advanced unmanned systems, reflecting...
Investors are closely monitoring the latest developments in the financial markets as major companies prepare to release their quarterly earnings reports. This event is set to take place over the next two weeks, with a particular focus on technology and energy sectors. Analysts are eager to assess ho...
Kraken Robotics has successfully integrated and demonstrated its KATFISH towed synthetic aperture sonar system along with an autonomous launch and recovery system (LARS) aboard SEFINE’s RD-22 unmanned surface vessel (USV). This significant event occurred in the first quarter of 2026 off the coast of...
Kraken Robotics has announced its agreement to acquire Covelya Group, a prominent international provider of essential underwater technology solutions. This acquisition includes Covelya's subsidiary companies, which are recognized leaders in the field: Sonardyne International Ltd., EIVA A/S, Forcys L...
Kraken Robotics has successfully demonstrated its KATFISH Unmanned Surface Vessel Launch and Recovery System (USV-LARS) aboard TKMS ATLAS UK's 11-meter ARCIMS Unmanned Surface Vehicle (USV). This demonstration highlights a significant advancement in maritime security technology, as the integrated sy...
Kraken Robotics has secured purchase orders worth approximately $12 million for its synthetic aperture sonar (SAS) and battery products. The orders, which include Kraken's KATFISH™ towed SAS spares and SeaPower™ batteries, have been placed by various organizations, notably Teledyne Marine, Terradept...
Kraken Robotics has appointed BlueZone Group as an authorized reseller for its Synthetic Aperture Sonar (SAS) technology and the KATFISH towed SAS platform in Australia and New Zealand. This partnership, announced recently, aims to enhance Kraken's market presence in the region by leveraging BlueZon...
Kraken Robotics has reported a significant milestone at the recent Robotic Experimentation and Prototyping with Maritime Unmanned Systems (REPMUS) exercise held in Portugal, where a record number of participants utilized its synthetic aperture sonar (SAS) technology. The event featured seven interna...
Kraken Robotics has secured over $3 million in new orders for its Synthetic Aperture Sonar (SAS) systems, which will be deployed on small and medium-class uncrewed underwater vehicles (UUVs). This development highlights the growing demand for advanced underwater technology among clients across the A...
Kraken Robotics Inc. is set to introduce a new synthetic aperture sonar (SAS) service aimed at the global offshore energy market. The company’s commercial services team will offer dedicated KATFISH towed SAS systems for rental, with availability commencing in July 2025. This initiative reflects Krak...
Kraken Robotics Inc. has announced its plans to acquire 3D at Depth, Inc., a prominent American subsea technology firm known for its expertise in high-resolution LiDAR imaging and measurements. This acquisition, valued at $17 million in cash, will be executed through a subsidiary and includes adjust...
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