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Kraken Robotics acquires Covelya Group for $615M · Endata

◂ Announcements

Nov 7, 2026ACQUISITION

Kraken Robotics acquires Covelya Group for $615M

Kraken Robotics has sealed a deal to acquire Covelya Group for $615 million, gaining access to defense and maritime surveillance sectors.

Value

$615.0M

Status

Announced

Productssubsea technologyautonomous underwater systems

CompaniesKraken Robotics Inc. acquirer Covelya Group target

Sectors#Automation and Robotics

“Kraken Robotics has sealed a deal to acquire Covelya Group for a staggering $615 million, marking a pivotal moment in the subsea technology industry.”velvettrim.com

2 sources
velvettrim.comKraken Robotics Acquires Covelya Group: A Game-Changer for Subsea Technology? (2026)Jeremiah AbshireNov 7, 2026
captaincalendars.comKraken Robotics Acquires Covelya Group: A Game-Changer in Subsea Technology | $615M Deal Explained (2026)Foster Heidenreich CPANov 9, 2026

Summarized from public sources; check the original articles before acting on it.

More from Kraken Robotics Inc.

Mar 14, 2025ACQUISITIONUnited States$17.0M
Kraken Robotics acquires 3D at Depth for $17 million
Kraken Robotics Inc. acquirer 3D at Depth target offshore-technology.com
Feb 26, 2025NEW FACILITYNova Scotia, Canada$10.0Mops 2025
Kraken Robotics to open battery production facility in Nova Scotia
Kraken Robotics Inc.nasdaq.com ept.ca
Feb 26, 2025CONTRACTNova Scotia, Canada$34.0M
Kraken Robotics receives $34M in battery orders, plans new facility
Kraken Robotics Inc.nasdaq.com ept.ca
Apr 19, 2021ACQUISITIONRio de Janeiro and Salvador, Brazil, Brazil$220K
Kraken Robotics acquires 13 Robotics Ltda in Brazil
Kraken Robotics Inc. acquirer 13 Robotics Ltda target saltwire.com
Sep 8, 2020CONTRACTDenmark$36.0M
Kraken Robotics signs $36M contract with Danish Navy
Kraken Robotics Inc. supplier Danish Ministry of Defence customer krakenrobotics.com
Jan 20, 2020CONTRACTNewfoundland and Labrador, Canada, Canada$14.3M20 jobs
Kraken Robotics finalizes $18.8M OceanVision contract with Ocean Supercluster
Kraken Robotics Inc.Ocean Supercluster investor krakenrobotics.com

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