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Covelya Group

Business & Markets · Startups

Kraken Robotics Acquires Covelya Group for $615M to Expand Underwater Robotics Tech

Insider Brief Kraken Robotics has agreed to acquire subsea technology provider Covelya Group for about $615 million, a move that expands the Canadian company’s reach in underwater robotics, defense systems and maritime surveillance. According

6 Mar 2026 · 2 min read

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