Kraken Robotics Inc.

Kraken Robotics Inc. is a Canadian marine technology company headquartered in Mount Pearl, Newfoundland and Labrador. The company's core business revolves around transforming subsea intelligence through the design, manufacture, and sale of advanced 3D imaging sensors, power solutions, and robotic systems. Its mission is to empower clients to safely, efficiently, and sustainably overcome the challenges of the ocean, enabling them to explore, monitor, and protect marine environments with enhanced clarity and efficiency.

Kraken Robotics offers a comprehensive portfolio of products and services for military, offshore energy, and marine research sectors. Key products include Synthetic Aperture Sonar (SAS) systems, such as AquaPix MINSAS and KATFISH Towed SAS, as well as underwater LiDAR systems and SeaPower pressure-tolerant subsea batteries. The company also provides robotic platforms like the ThunderFish autonomous underwater vehicle and ALARS (Autonomous Launch and Recovery System). Services encompass Robotics as a Service (RaaS), including high-resolution geophysical and sonar surveys, LiDAR solutions, Sub-Bottom Imaging, and Acoustic Coring.

Led by President and CEO Greg Reid, who assumed the role in January 2023, Kraken Robotics has been actively expanding its capabilities and market presence. In 2025, the company acquired 3D at Depth, an underwater LiDAR imaging company, to expand its operations in the United States. Kraken reported record revenues in 2025, and in late 2025/early 2026, announced a strategic acquisition of Covelya Group for $615 million, signaling further expansion into defense markets. The company completed a significant equity offering in March 2026 and demonstrated its KATFISH autonomous launch and recovery system in April 2026. Kraken Robotics plans to transition its listing from the TSX Venture Exchange to the main TSX in the latter half of 2026, following the Covelya acquisition. However, in April 2026, the company faced activist targeting due to alleged links with an Israeli defense company.