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acquisitionAnnounced · Mar 3, 2026Defence and Maritime TechnologySource · CredibleArticle · 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: 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.
$615 Million Acquisition of the Covelya Group Will Be Partially Financed Through a $350 Million Public Offering of Subscription Receipts Preliminary 2025 Year-End Results and Stand-Alone 2026 Guidance Provided for Kraken Robotics
Deal timeline
Announced
Mar 3, 2026 · krakenrobotics.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: krakenrobotics.com · Primary article · FireStrike proprietary index