"Transforming Subsea Intelligence"
Canadian underwater robotics company supplying synthetic aperture sonar, subsea LiDAR, and pressure-tolerant batteries for defense and commercial markets.
Kraken Robotics Inc. is a publicly traded Canadian company (TSX-V: PNG; OTCQB: KRKNF) headquartered in Mount Pearl, Newfoundland and Labrador, founded in 2012 by Karl Kenny. The company designs and manufactures subsea imaging and energy systems including synthetic aperture sonar (SAS), subsea LiDAR, sub-bottom profilers, and the SeaPower line of pressure-tolerant deep-sea batteries. Its flagship KATFISH towed SAS system operates at up to 10 knots, delivering ultra-high-resolution seabed imagery for military mine countermeasures and offshore survey.
In March 2026, Kraken announced the acquisition of Covelya Group Limited to expand global maritime capabilities. With 433 employees and manufacturing operations across North America, South America, and Europe, Kraken serves defense, offshore energy, and scientific exploration customers in over 30 countries. 2026 revenue guidance is $165–175 million.
Primary type & automation activities this supplier delivers:
Contact Kraken Robotics
WEBSITE
https://krakenrobotics.comPHONE
+1 709-757-5757HEADQUARTERS
Canada
Company Facts
Founded
2012
Primary Role
Manufacturer
Company Size
-
Primary Region
North America
Annual Sales
-
Funding Stage
-
Funding Total
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ByThomas Siew Aug 26, 2026Sonardyne, a Kraken Robotics company, has broadened its SPRINT-Nav technology into a comprehensive family of underwater navigation systems designed for various marine robots. This expansion allows for improved performance in smaller vehicles and extends the operational range of larger platforms, ensuring that all classes of underwater vehicles can benefit from a unified navigation approach. The significance of this development lies in its ability to meet the increasing demands of marine robotics teams, which require reliable navigation for diverse applications such as asset inspection and autonomous missions. The SPRINT-Nav family maintains a shared architecture, enabling seamless integration and operation across different vehicle types, thus simplifying the navigation setup process. Looking ahead, the SPRINT-Nav family is poised to enhance operational efficiency for marine robotics manufacturers and operators. With the ability to easily swap navigation solutions as mission requirements evolve, users can expect improved adaptability and performance. No further timeline was disclosed at the time of publication.
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ByRSF Research Aug 01, 2026Covelya 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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ByKelly Stone Jul 04, 2026Kraken 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.
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ByThomas Siew May 16, 2026Kraken 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 both organizations' commitment to innovation in robotics and technology. The agreement was formalized on [insert date of the exposition], marking a significant step in their joint efforts to leverage their respective expertise in the field. The collaboration is expected to drive progress in unmanned systems research and development, addressing emerging challenges and opportunities in the industry.
ROVplanet.com May 06, 2026 kraken robotics memorandum of understanding (mou) sefine sisam (strategic unmanned systems research center)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 how these companies have navigated economic challenges, including inflation and supply chain disruptions, which have significantly impacted their operations. The earnings reports, scheduled to begin on October 23, 2023, will be crucial for understanding the overall health of the economy and investor sentiment. Market watchers are particularly interested in guidance provided by these companies, as it will offer insights into future performance and potential growth trajectories. In light of recent economic uncertainties, including fluctuating interest rates and geopolitical tensions, the upcoming earnings season is expected to influence market trends and investment strategies. Investors will be looking for signs of resilience or weakness in corporate earnings, which could sway market confidence in the weeks ahead. As companies prepare their financial disclosures, analysts are employing various methods to forecast outcomes, including reviewing past performance, industry trends, and macroeconomic indicators. The results of these earnings reports will play a pivotal role in shaping market dynamics and investor decisions as the year comes to a close.
Seekingalpha.com Apr 27, 2026 KRKNF PNG:CA Bay Area IdeasKraken 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 İstanbul, Türkiye. The collaboration with SEFINE SISAM, the Strategic Unmanned Systems Research Center, highlights the advancements in maritime technology and aims to enhance operational capabilities in underwater exploration and surveillance. The integration of these systems marks a notable achievement in the field of unmanned maritime operations, showcasing Kraken Robotics' commitment to innovation and collaboration in the industry.
ROVplanet.com Apr 07, 2026 kraken robotics katfish autonomous launch and recovery sefine usvKraken 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 Ltd., Wavefront Systems Ltd., Voyis Imaging Inc., and Chelsea Technologies Ltd. The deal aims to enhance Kraken's capabilities in delivering advanced underwater technology and solutions, further solidifying its position in the market. The acquisition is expected to be finalized in the coming months, aligning with Kraken's strategic growth objectives in the underwater technology sector.
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ByKelly Stone Jan 17, 2026Kraken Robotics posts record revenue growth as subsea sensing and autonomy demand surges, highlighting strong momentum in the global USV market.
ByRobotToday Reporter Dec 12, 2025Kraken 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 systems deliver a comprehensive autonomous survey solution tailored for mine countermeasure operations and the inspection of critical underwater infrastructure. Notably, the collaboration between ARCIMS and KATFISH USV-LARS marks the introduction of the industry's first air-deployable, 300-meter depth-rated autonomous towed Synthetic Aperture Sonar (SAS) survey system. This innovation aims to enhance operational efficiency and safety in maritime missions.
ROVplanet.com Dec 10, 2025 kraken robotics tkms atlas uk katfish usv launch and recovery system uk royal navy arcims usvKraken 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, Terradepth, and two NATO member navies. This significant acquisition underscores the growing demand for advanced underwater technology and highlights Kraken's position in the marine robotics sector. The company aims to enhance its product offerings and support military and commercial applications with these new contracts.
ROVplanet.com Dec 02, 2025 kraken robotics synthetic aperture sonar subsea batteriesKraken 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 BlueZone Group's established network and expertise in marine technology. The collaboration is expected to provide local customers with access to advanced underwater imaging solutions, improving capabilities in marine exploration and monitoring. By aligning with BlueZone Group, Kraken Robotics seeks to expand its reach and support the growing demand for innovative sonar systems in the Australian and New Zealand markets.
ROVplanet.com Nov 12, 2025 kraken robotics bluezone group royal australian navy (ran)