Canadian Kraken Robotics Books C$102M in Orders With Record Navy Sonar Deal for Underwater Drones

Kraken Robotics reported C$102 million in new orders since August 27, 2026, including its largest single synthetic aperture sonar order from a naval customer. The bookings include more than C$55 million for Covelya Group businesses, C$25 million for subsea batteries and C$22 million for Kraken sonar systems, with the record order covering sensors for man-portable uncrewed underwater vehicles. Kraken did not identify the navy or the number of sonar systems ordered and said it expected the vast majority of the new bookings to convert to revenue within 12 months.