Ecosystem Profile

Kraken Robotics

Marine technology company producing underwater sensors, batteries, and robotics for the marine industry.

St. John’s, NewfoundlandSubsea robotics and dual-use marine technology

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Apr 15, 2026

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Subsea robotics and dual-use marine technologyApr 15, 20262 min

Canadian Subsea Powerhouse: Kraken's Acquisition of Covelya Group Solidifies Global Position in Dual-Use Marine Technology

The strategic move by Kraken Robotics to acquire the Covelya Group isn't just a transaction; it's a masterclass in market synergy. At the core of this narrative is Greg Reid's vision: establishing a globally c...

↗ The combined Kraken and Covelya will not merely be a larger subsea company; it will be a fully integrated solution provider, leveraging the high barriers to entry in marine technology to dominate the lucrative cross-sectoral market of both defence and offshore energy.

Kraken RoboticsSt. John's, Newfoundland and Labrador, CanadaResearch ✓

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