Kraken Robotics receives approvals to complete Covelya acquisition
Kraken Robotics received regulatory and stock-exchange approvals needed to complete its pending acquisition of Covelya Group, with closing expected on July 2, 2026.
Evidence notes
- All regulatory and stock-exchange approvals required for the Covelya acquisition have been received.
- The transaction is expected to close on July 2, 2026, subject to customary conditions.
- The combination centers on underwater platforms and subsea sensing and monitoring systems.
Company context
Marine technology company providing synthetic aperture sonar, subsea batteries, towed sonar systems and subsea intelligence systems.