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Geopolitics & Security

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Kraken Technology Group Closes Series B Round at Unicorn Valuation

Kraken Technology Group Closes Series B Round at Unicorn Valuation

British maritime defence company Kraken Technology Group has closed a Series B funding round at a unicorn valuation, led by Digital Transformation Capital Partners. The raise will accelerate the development of the compan…

Thu Jul 09 20267 min
Exail and KNDS Sign Deal to Scale K-Ster Mine Neutralization Supply

Exail and KNDS Sign Deal to Scale K-Ster Mine Neutralization Supply

Exail and KNDS have signed a framework agreement to supply several hundred equipped warheads for K-Ster mine neutralization systems as navies accelerate the modernisation of their mine countermeasure capabilities. The de…

Thu Jul 09 20267 min
Greensea IQ to Supply Four Bayonet 250 AUGVs to Marine Corps

Greensea IQ to Supply Four Bayonet 250 AUGVs to Marine Corps

Greensea IQ has received a 3.7 million dollar task order from the United States Marine Corps to supply four additional Bayonet 250 Autonomous Underwater Ground Vehicles. The vehicles will support the Littoral Explosive O…

Wed Jul 08 20266 min
Advent to Sell Ultra Maritime to Lockheed Martin for $3.45 Billion

Advent to Sell Ultra Maritime to Lockheed Martin for $3.45 Billion

Cobham Ultra, a portfolio company of private equity investor Advent, has agreed to sell undersea warfare specialist Ultra Maritime to Lockheed Martin for 3.45 billion dollars. The deal follows a three-year period in whic…

Mon Jul 06 20267 min
Greensea IQ Wins $18M US Navy Bayonet Underwater Controller Contract

Greensea IQ Wins $18M US Navy Bayonet Underwater Controller Contract

Greensea IQ has secured an 18.1 million dollar contract from the US Navy to develop and sustain underwater controllers used to operate autonomous and remotely operated maritime systems. The seven-year, sole-source award…

Wed Jul 01 20266 min
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