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Home·Deals·Defence and Maritime Technology·Kraken Robotics acquires Covelya Group
SEO URLwww.firestrike.ai/deals/covelya-group-kraken-robotics-acquisition-2026-1
acquisitionAnnounced · Mar 3, 2026Defence and Maritime TechnologySource · CredibleArticle · Factual
Covelya Group
Kraken Robotics
Covelya Group · Kraken Robotics

Kraken Robotics acquires Covelya Group

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$615M
Target
Covelya Group
Covelya Group
Yateley, Hampshire
Acquirer
Kraken Robotics
Kraken Robotics
Full Acquisition
Status
Announced

Kraken Robotics agreed to acquire Covelya Group. Reported deal value: $615M. Status: Announced. Sector: Defence and Maritime Technology. Target headquarters context: Yateley, Hampshire, United Kingdom.

This page summarizes publicly available information about the transaction as of 2026-03-03. Figures and status may change as filings and press coverage update.

MANAGEMENT COMMENTS We have long admired Covelya Group and its operating businesses and are very pleased to join forces with its talented team,” said Greg Reid, President and CEO of Kraken

Deal timeline

Announced
Mar 3, 2026 · markets.businessinsider.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Defence and Maritime Technology with a reported deal value of $615M. Figures and status may change as sources update.

Sources: markets.businessinsider.com · Primary article · FireStrike proprietary index