Covelya Group & Kraken Robotics

Covelya Group: Covelya Group is being acquired by Kraken Robotics, with the acquisition expected to close in Q2 2026.

Kraken Robotics: Kraken Robotics announced it will release its Q4 and year-end 2025 financial results and hold a conference call to discuss them. The company also recently announced the acquisition of Covelya Group.

Covelya Group: Kraken Robotics announced the acquisition of Covelya Group, a provider of underwater technology solutions, which is expected to close in Q2 2026. This is a separate but related business development for Kraken Robotics.

Kraken Robotics: Kraken Robotics signed an MOU with Sefine Sisam to integrate its KATFISH technology and develop automatic target recognition capabilities, enhancing its presence in maritime security operations.

Covelya Group: Kraken Robotics announced the acquisition of Covelya Group, a provider of underwater technology solutions, which is expected to close in Q2 2026. This acquisition is a separate but related business development for Kraken Robotics.

Kraken Robotics: Kraken Robotics successfully demonstrated its KATFISH sonar and LARS from Sefine Shipyard's USV, showcasing its advanced mine countermeasure capabilities and strengthening its position in the defense and maritime security markets. This event highlights the company's technological advancements and potential for increased sales.