Kraken Robotics Timeline

Events

• 2026-08-27 - Partnership - Kraken Robotics signs XL-UUV battery supply agreement - The batteries are intended for the customer's autonomous underwater platform programme. Kraken identified the counterparty only as a major international conglomerate and disclosed neither quantities, delivery timing nor agreement value. The agreement has no… - source: globenewswire.com
• 2026-07-20 - Commercial Order - Kraken Robotics announces $35 million in new product orders - The orders cover customers in maritime defence, offshore energy and ocean science. The product mix includes Kraken synthetic-aperture sonar plus Covelya navigation, positioning, multi-aperture sonar and monitoring systems. Kraken said combined Kraken and… - source: krakenrobotics.com
• 2026-07-02 - Acquisition - Kraken Robotics closes C$615 million Covelya acquisition - The deal brings navigation, positioning, imaging, communications, monitoring and data-analytics capabilities into Kraken. Kraken frames the combined company as a provider of mission-critical subsea intelligence for maritime security and offshore energy. The… - source: krakenrobotics.com
• 2026-05-28 - Market Signal - Kraken Robotics reports Q1 2026 financial results with 35% year-over-year revenue growth - Kraken reported Q1 2026 revenue of C$21.7 million, up 35% from C$16.1 million in Q1 2025, with product revenue up 50% on SeaPower subsea battery and synthetic-aperture-sonar demand. The company said 2026 product orders had reached approximately C$97 million… - source: krakenrobotics.com
• 2026-04-07 - Capability - Kraken demonstrates autonomous KATFISH launch and recovery from a SEFINE USV - Kraken and SEFINE demonstrated KATFISH launch and recovery from the RD-22 USV during sea trials off Istanbul. KATFISH streamed 3 cm by 3 cm resolution sonar data to an onshore command centre. The demonstration focused on detecting and classifying mine-like… - source: krakenrobotics.com
• 2026-04-01 - Partnership - Kraken supplies SeaPower batteries for Teledyne Marine SeaRaptor AUVs - The configuration is current at publication and bounded to the named robotics product or component. The named product or component configuration does not imply exclusivity across the customer's wider portfolio. - source: krakenrobotics.com
• 2026-03-17 - Commercial Order - Kraken Robotics announces $24 million in defence orders - The approximately $24 million order pool covered SeaPower batteries, KATFISH towed SAS and Kraken SAS for more than 10 customers across five countries. The Polish Navy ordered a new KATFISH for its minehunting programme, while other defence customers ordered… - source: krakenrobotics.com
• 2026-03-12 - Market Signal - Kraken Robotics closes C$402.5 million subscription-receipt offering - The company issued 47,353,550 subscription receipts at C$8.50 each. Gross proceeds were approximately C$402.5 million after the underwriters exercised the over-allotment option in full. The financing supported the cash portion of Kraken’s planned acquisition… - source: krakenrobotics.com
• 2025-12-02 - Commercial Order - Kraken Robotics announces $12 million in sonar and subsea battery orders - The approximately $12 million order pool covered Kraken SAS, KATFISH towed-SAS spares and SeaPower batteries. Named customers included Teledyne Marine, Terradepth and two navies from NATO member countries. Teledyne Marine planned to integrate Kraken SAS and… - source: krakenrobotics.com
• 2024-11-04 - Demonstration - Kraken Robotics demonstrates autonomous launch and recovery system for KATFISH - Kraken demonstrated its Autonomous Launch and Recovery System for the KATFISH towed synthetic aperture sonar platform The demonstration was conducted in Halifax Harbour for more than 40 navy customers and partners The system was shown with Kraken's mine… - source: krakenrobotics.com
• 2024-07-10 - Executive Hire - Kraken Robotics appoints Nat Spencer as chief operating officer - Kraken appointed Nathaniel Spencer as Chief Operating Officer Spencer had been leading the company's subsea power business The appointment supports operational scaling across Kraken's maritime robotics and power systems business - source: krakenrobotics.com
• 2024-01-16 - Acquisition - Kraken Robotics acquires 3D at Depth - Kraken acquired 3D at Depth, a subsea LiDAR and underwater measurement company The acquisition added subsea laser scanning and dimensional control metrology capabilities The deal expanded Kraken's underwater imaging and services stack - source: krakenrobotics.com
• 2019-11-18 - Partnership - Ocean Infinity and Kraken extend HUGIN endurance with new batteries - The battery enabled missions lasting more than 100 hours on one charge. The new system more than doubled the vehicles’ previous endurance. Longer missions reduced launch and recovery operations by 50 percent. - source: oceaninfinity.com
• 2018-11-20 - Contract Award - Ocean Infinity adds third vessel, five HUGIN AUVs and Guardian survey capacity - The Solstad charter ran for three years with two 12-month options and was scheduled to begin in the third quarter of 2019. Five additional HUGIN AUVs increased Ocean Infinity's fleet to 15, using Kraken Robotics long-life battery technology. Guardian… - source: oceaninfinity.com