Kraken Robotics Inc. has announced continued momentum with $35 million in new product orders from customers in maritime defense, offshore energy, and ocean science. These orders span navigation and positioning systems, multi-aperture sonar, positioning and monitoring systems from Covelya, as well as Synthetic Aperture Sonar (SAS) from Kraken.
Greg Reid, CEO of Kraken Robotics, stated: “Our product portfolio forms the backbone of a wide range of platforms used across both defence and commercial applications, and we expect it to represent over 75 percent of consolidated revenue in 2026. These include crewed platforms such as ships and submarines, as well as uncrewed systems including autonomous underwater vehicles (AUVs), uncrewed surface vessels (USVs), and remotely operated vehicles (ROVs). Beyond vessel-based applications, our dual-use technologies are also deployed in unattended seafloor sensors.
The Company has announced $327 million in total product orders to date in 2026 for Kraken and Covelya on a combined basis, highlighting the strength and breadth of demand for the combined company’s product portfolio. These orders have been driven primarily by Kraken’s growing customer base for SeaPower batteries and SAS technology, together with demand for Covelya’s navigation and positioning equipment and advanced sonar systems. The Company’s products are integrated, or are being integrated, across a broad range of crewed and uncrewed platforms, including more than 30 AUV platforms worldwide.
Defence Market
The Sentinel Intruder Detection Sonar (IDS) Systems automatically detect, classify, and track subsea threats at hundreds of critical infrastructure sites worldwide. Orders during 2026 reflect increased demand for port and harbour security from customers in the Middle East and Europe. The Vigilant Forward-Looking Sonar (FLS) is a low-power sonar that detects collision hazards at ranges of up to 1,500 metres. This technology has been installed on crewed vessels and AUVs, with growing interest from USV companies. The Company’s optical imaging payloads combine cameras and laser scanners to deliver high-speed data capture and three-dimensional modelling, supporting applications including mine countermeasures (MCM), ISR, and target identification.
Offshore Energy Market
In the offshore energy market, the Company’s technologies support field development activities from discovery through decommissioning. The product portfolio spans sonar, imaging, navigation, long baseline (LBL) and ultra-short baseline (USBL) positioning, communications, and monitoring systems.
On Demand Ocean Bottom Nodes (OD OBNs) in Brazil enable operators to conduct more frequent, on-demand seismic surveys at a fraction of the cost of conventional methods. Full-scale deployment is expected to require hundreds or thousands of OD OBNs. Additionally, during summer 2026, the Company will begin environmental baseline monitoring for the Northern Endurance Partnership (NEP) at the U.K.’s first offshore carbon capture and storage (CCS) site, using autonomous seabed monitoring landers to verify that captured CO₂ remains safely contained
