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acquisitionAnnounced · Mar 3, 2026Underwater TechnologySource · Unverified ReportsArticle · Factual
Kraken Robotics acquires Covelya Group
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$615M
Target
Covelya Group
Yateley, Hampshire
Acquirer
Kraken Robotics
Full Acquisition
Status
Announced
Kraken Robotics agreed to acquire Covelya Group. Reported deal value: $615M. Status: Announced. Sector: Underwater 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.
Kraken Robotics Inc. has announced a strategic agreement to acquire Covelya Group Limited for a total consideration of $ 615 million, a move intended to enhance its position as a global provider of underwater technology solutions
Deal timeline
Announced
Mar 3, 2026 · news.ssbcrack.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Underwater Technology with a reported deal value of $615M. Figures and status may change as sources update.
Sources: news.ssbcrack.com · Primary article · FireStrike proprietary index