Kraken Robotics acquires Covelya Group
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 2026-03-04. Figures and status may change as filings and press coverage update.
Kraken acquires Covelya Group to form subsea technology powerhouse March 4, 2026 Kraken Robotics has finalized a CAD615 million agreement to acquire Covelya Group , bringing together Sonardyne, EIVA, Forcys, Wavefront Systems , Voyis and Chelsea Technologies under one umbrella
Deal timeline
This transaction is classified in Defence and Maritime Technology with a reported deal value of $615M. Figures and status may change as sources update.