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

Kraken Robotics Inc. announced on November 5, 2026, that it has booked C$102 million in new product orders since August 27, 2026, including the largest single synthetic aperture sonar (SAS) order in the company’s history from an undisclosed navy customer. The new bookings lift announced 2026 orders for Kraken and its recently acquired Covelya Group Limited to approximately C$457 million, more than 60% of which came from defence customers.

The update follows Kraken’s closing of its C$615 million acquisition of Covelya Group on July 2, 2026, a deal that brought Sonardyne, EIVA, Forcys, Voyis, and Chelsea Technologies under the Canadian company. Combined announced orders stood at C$327 million on July 20 and C$355 million on August 27, making the latest tranche the largest order interval since the transaction closed. It also lands less than three weeks before Kraken reports third quarter 2026 results on November 24, 2026.

Kraken Robotics Orders Split Across Covelya, Batteries, and Sonar

Kraken grouped the C$102 million into three blocks. Covelya businesses account for more than C$55 million, with demand concentrated in offshore oil and gas and defence. Kraken’s subsea batteries for uncrewed underwater vehicle (UUV) customers in the defence sector represent C$25 million. The remaining C$22 million covers Kraken SAS systems.

The battery line corresponds to Kraken’s SeaPower family of pressure-tolerant subsea power modules. In its second quarter report, Kraken disclosed a long-term master supply agreement to deliver subsea batteries to an international conglomerate building extra-large UUVs (XL-UUVs). Energy density and endurance set the operating radius of large autonomous vehicles, which makes the power system as programmatically important as the sensor payload.

“These orders demonstrate the breadth of demand across the combined company, with contributions from defence and offshore energy customers, new and returning customers, and multiple product families,” said Greg Reid, CEO of Kraken Robotics. Reid added that the vast majority of the recent orders are expected to convert to revenue within the next 12 months.

Record Navy SAS Order Targets a Man-Portable UUV Program

Kraken said the SAS systems will be integrated on man-portable UUVs as part of a major naval program, and that the program may generate additional orders over its multi-year duration. The company did not name the navy, the vehicle, the program, or the number of systems.

Kraken’s Man-Portable SAS payload uses the lightweight MINSAS 60 LW arrays of its Miniature Interferometric Synthetic Aperture Sonar (MINSAS) family and retrofits existing man-portable UUVs 7.5 to 9 inches in diameter. Publicly available manufacturer specifications list a 40 kHz pulse bandwidth, operation at 2 to 5 knots, and resolution of 3.3 cm by 3.0 cm, or 2.1 cm by 1.9 cm, out to 100 meters per side, a 200-meter swath, with co-registered bathymetry. A real-time processing module beamforms SAS imagery during the mission and provides a framework for embedded automatic target recognition (ATR). Kraken has not confirmed which configuration the new order uses.

The operational payoff lies in mine countermeasures (MCM). Conventional side scan sonar must fly lower to approach comparable resolution, which narrows swath width and cuts area coverage rate. Resolution that holds constant across the swath reduces false contacts for operators and ATR software, shrinking the number of objects that require reacquisition and identification. During NATO’s REPMUS 2023 exercise, Kraken supported three HII REMUS vehicle types, the MK18 Mod 1, REMUS 100, and REMUS 300, all retrofitted with its Man-Portable SAS. The release illustrated the announcement with a REMUS 300 carrying Kraken SAS, but it did not identify the customer’s platform.

Analysis: The order mix shows Kraken’s defence exposure shifting from one-off component sales toward recurring program positions. A multi-year naval program for man-portable UUV sonar, combined with an XL-UUV battery supply agreement, places the company at both ends of the uncrewed undersea vehicle spectrum. With Sonardyne navigation and positioning now inside the same group, Kraken can present integrators with sonar, power, and navigation as a single subsystem package, a broader offering than it could field as a stand-alone company. The exposure cuts both ways: an undisclosed program carrying the largest SAS order in company history makes follow-on awards a key variable for 2027.

Kraken will release third quarter 2026 results before markets open on November 24, 2026, followed by a conference call at 8:30 a.m. ET. Key indicators will include backlog, the first full-quarter revenue contribution from Covelya, and progress against full-year 2026 revenue guidance of C$290 million to C$320 million, reiterated on August 27. The identity of the navy customer, the program name, and the delivery schedule for the record SAS order remain undisclosed.