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flag Kraken Robotics acquired UK’s Covelya Group for $615 million, boosting its global reach and capabilities in maritime technology.

flag Kraken Robotics has agreed to acquire UK-based Covelya Group for $615 million in cash and stock, completing the deal on March 3, 2026. flag The acquisition combines Kraken’s subsea sensors and robotics with Covelya’s navigation, imaging, and monitoring technologies across six subsidiaries. flag The move expands Kraken’s global footprint to 12 facilities, increases its workforce to about 1,200 employees, and strengthens its position in defense and commercial maritime markets. flag The combined company expects revenue of $351 million to $379 million in 2025 and aims to deliver integrated solutions for autonomous and uncrewed maritime systems.

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