Browsing Tag
Covelya Group Limited
3 posts
Kraken Robotics nearly tripled its revenue target, but one margin number changes the story
Kraken Robotics Inc. (TSXV: PNG) added C$135 million to its 2026 revenue-guidance midpoint after including Covelya, while acquisition financing increased its share base and lowered the implied adjusted EBITDA margin.
What Kraken Robotics’ $24m order surge reveals about the future of autonomous naval warfare
Kraken Robotics secures $24M in defence orders across five countries. Find out how its subsea technology strategy is shaping naval markets.
Kraken Robotics Inc. announces $615m Covelya Group acquisition to scale global underwater technology business
Kraken Robotics Inc. plans a $615M Covelya acquisition and $350M capital raise to expand subsea robotics technology. Find out what this means for maritime tech markets.