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acquisitionAnnounced · Mar 5, 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 2026-03-05. Figures and status may change as filings and press coverage update.
boerse- global .de Kraken Robotics acquires Covelya Group for $615M , aiming for $379M in annual revenue and a dominant position in underwater defense and surveillance technology
Deal timeline
Announced
Mar 5, 2026 · ad-hoc-news.de
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: ad-hoc-news.de · Primary article · FireStrike proprietary index