Kraken SAS
Synthetic aperture sonar
Synthetic aperture sonar that performs imaging and bathymetric mapping simultaneously, delivering higher resolution, range and area coverage rates.
Learn more
Kraken Robotics
DefenceTSX-V: PNGMount Pearl, NL
Builds underwater sensing and power systems for defence and commercial marine operators, including synthetic aperture sonar and pressure-tolerant subsea batteries, and delivers subsea LiDAR and sub-bottom imaging as survey services in over 30 countries.
Canadian innovation builds a brighter tomorrow.
About
Company site: krakenrobotics.comBuilds underwater sensing and power systems for defence and commercial marine operators, including synthetic aperture sonar and pressure-tolerant subsea batteries, and delivers subsea LiDAR and sub-bottom imaging as survey services in over 30 countries.
Closed the $615M acquisition of Covelya Group in July 2026, adding Sonardyne, EIVA, Forcys, Voyis and Chelsea Technologies. krakenrobotics.com
Reported Q2 2026 revenue of $27.3M, up 4% year over year, with adjusted EBITDA of $5.0M and full-year guidance of $290-320M. krakenrobotics.com
Its Q2 2026 results put announced 2026 product orders at $355 million on a combined basis with Covelya Group. krakenrobotics.com
Raised $402.5M in a March 2026 public offering of subscription receipts, underwritten by a syndicate represented by Scotiabank and Desjardins Capital Markets, to fund the Covelya acquisition. krakenrobotics.com
Delivers subsea LiDAR as a survey service, generating its reports "Using the latest technology from Leica Geosystems", and states it has a patented Nuclear LiDAR system. krakenrobotics.com
National Defence contract W8472-105270/001/QF for ships and boats at CFB Halifax, valued at $45,843,621.80, runs November 2022 to December 2026, per federal proactive disclosure. search.open.canada.ca
Sold a further KATFISH towed SAS to the Polish Navy for its Kormoran II-class minehunting programme in March 2026, ordered through Polish reseller Thesta. krakenrobotics.com
Products & Services
Company site: krakenrobotics.comProducts Kraken Robotics publishes on its own site. Each card links to the page it was taken from.
KATFISH
Towed SAS system
An actively stabilized synthetic aperture sonar towfish delivering ultra-high resolution data of up to 2 cm x 2 cm, using articulated tailfins and an intelligent autopilot to compensate for motion.
Learn moreSeaPower
Pressure-tolerant subsea batteries
A subsea lithium-ion battery with a proprietary polymer matrix for pressure-tolerant encapsulation and an integrated battery management system.
Learn moreUUV Technologies
Subsea vehicle systems
Precision integration of critical UUV technologies.
Learn moreDeployment & Services
Company site: krakenrobotics.comHow Kraken Robotics says its technology can be deployed and delivered.
LiDAR solutions
High-precision inspection and monitoring of underwater assets and environments — millimetric-accuracy seabed mapping, 3D digital twins and infrastructure modelling.
Sub-bottom imaging
Seeing beneath the seabed using acoustic technology, delivering 3D data on subsea stratigraphy and hazards.
Acoustic coring
The Acoustic Corer delivers a 3D acoustic core 14 m in diameter at depths beyond 50 m, bridging geophysical and geotechnical site investigation.
Towed SAS survey
Higher quality, wider swaths of survey data at faster speeds than towed sidescan sonar, at a constant 3 cm x 3 cm imagery resolution.
Funding & Investors
Announced rounds only, newest first. Undisclosed amounts are shown as undisclosed.
Public offering of subscription receipts (bought deal; underwriters represented by Scotiabank and Desjardins Capital Markets)
Mar 12, 2026
C$402.5Mkrakenrobotics.com
Total disclosed: C$402.5MLatest: Public offering of subscription receipts (bought deal; underwriters represented by Scotiabank and Desjardins Capital Markets) · Mar 12, 2026
Partnerships
Publicly announced partnerships.
SEFINE SISAM
MOU signed May 2026 to integrate KATFISH towed sonar into SISAM mission planning software and develop automatic target recognition for Kraken SAS.
Government & Grants
Government support actually received. Unpublished amounts are left out.
Innovative Solutions Canada — Robotics as a Service for the Royal Canadian Navy — testing-stream contract
Public Works and Government Services Canada for National Defence — ThunderFish 300 AUV upgrades — procurement contract
Industrial Research Assistance Program, National Research Council Canada (dual-band circular SAS for defence and critical infrastructure) — contribution
Regional Economic Growth through Innovation – Business Scale-up and Productivity, Atlantic Canada Opportunities Agency — contribution
Industrial Research Assistance Program, National Research Council Canada (SeaResT seabed-resident ThunderFish AUV) — contribution
Industrial Research Assistance Program, National Research Council Canada (ThunderFish XL AUV development) — contribution
Industrial Research Assistance Program – Youth Employment Program, National Research Council Canada — contribution
Industrial Research Assistance Program – Youth Employment Program, National Research Council Canada — contribution
CanExport SMEs, National Research Council Canada / Global Affairs Canada (Royal Danish Navy sidescan sonar project) — contribution
Recent News
- Jul 20, 2026Contract
Kraken Robotics announces $35 million in new orders and business update
Kraken announced $35M in new product orders from maritime defence, offshore energy and ocean science customers, across navigation and positioning systems, multi-aperture sonar and Covelya monitoring systems as well as Kraken synthetic aperture sonar. It stated $327M in total product orders announced to date in 2026 on a combined basis with Covelya.
- Jul 2, 2026Acquisition
Kraken Robotics announces closing of strategic acquisition of Covelya Group Limited
Kraken closed its acquisition of Covelya Group Limited for approximately $615 million in Canadian dollars, subject to closing adjustments, and updated its 2026 guidance and executive team. Kraken states the deal positions it as a global provider of dual-use subsea intelligence solutions.
- May 6, 2026Partnership
Kraken Robotics signs Memorandum of Understanding with SEFINE SISAM
Kraken signed an MOU with SEFINE SISAM at the SAHA exposition in Turkiye. Under the agreement Kraken will work with SISAM to integrate its KATFISH towed sonar into SISAM mission planning software and develop automatic target recognition for Kraken synthetic aperture sonar.
- Apr 16, 2026Contract
Kraken Robotics announces $28 million in SeaPower battery and Kraken SAS orders
Kraken announced approximately $28M in new orders from five clients, including two new customers, for its SeaPower batteries and synthetic aperture sonar. The orders include battery contracts from three large international defence companies and a sonar order from a new commercial UUV manufacturer.
- Apr 7, 2026Product
Kraken Robotics demonstrates KATFISH autonomous launch and recovery from SEFINE USV
Kraken integrated and demonstrated its KATFISH towed synthetic aperture sonar and autonomous launch and recovery system from SEFINE’s RD-22 uncrewed surface vessel off Istanbul, Turkiye in Q1 2026, focused on detecting and classifying mine-like objects and underwater infrastructure.
People
Sourced from the company's own pages or announcements.
Greg Reid
Chief Executive Officer
Bernard Mills
President
Joe Mackay
Chief Financial Officer
Technology Focus
Company site: krakenrobotics.comTerms the company uses about its own work.
Synthetic aperture sonarKATFISH towed SASPressure-tolerant subsea batteriesSubsea LiDAR servicesSub-bottom imagingUUV technologies3D imaging sensors
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