This is HUGE! $KRKNF just made a $615 million move that changes everything! Kraken Robotics is acquiring Covelya Group, one of the most advanced underwater technology companies on the planet. Here’s what you need to know: > Combined 2025 revenue of $365M with 24% EBITDA margins > Covelya growing at 24% revenue CAGR since 2023 > 110+ combined patents > 1,200 employees across 12 global facilities > Net leverage of just 0.8x after close KRAKEN Robotics goes from a $100M revenue company to a $365M revenue company overnight. > Autonomous underwater vehicles. > Maritime defense surveillance. > Subsea navigation. Defence budgets are exploding globally. Autonomous systems are replacing manned platforms. Naval spending is non-cyclical now. Kraken just positioned itself as the dominant dual-use subsea technology supplier at exactly the right time. This isn’t speculation. This is execution. 2 years from now you’ll be glad you saw this post. Note: This is NOT financial advice.
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2 Comments
Jonny T
@jond3livery · 7mo
WOW!!! $615 million? Vertical integration comes to mind right away (re: Covelya Group). Dilution of shares involved but to be honest, totally worth the acquisition and it now puts and gives Kraken Robotics a march larger footprint (globally). Strategic roadmap for this company is looking absolutely bullish!
Nic Yo
@n_i_c · 7moEdited
Yep saw this in my Quartr app too 🔥
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