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Kraken Robotics Closes $615M Covelya Group Acquisition

Kraken Robotics Closes $615M Covelya Group Acquisition

Kraken Robotics has completed its acquisition of Covelya Group for approximately 615 million Canadian dollars, expanding its position in the fast-growing defence and maritime surveillance market. The deal combines Kraken…

Fri Jul 03 20267 min
Rare Fungi Drive Rainforest Restoration on Palmyra Atoll

Rare Fungi Drive Rainforest Restoration on Palmyra Atoll

A new study has found that native rainforest restoration on the remote Palmyra Atoll depends on symbiotic mycorrhizal fungi that were previously overlooked. Researchers discovered that the atoll's native pisonia trees fo…

Fri Jul 03 20267 min
New Zealand Passes Offshore Wind Regulatory Framework Bill

New Zealand Passes Offshore Wind Regulatory Framework Bill

New Zealand has passed its Offshore Renewable Energy Bill, introducing a regulatory framework that the New Zealand Wind Energy Association describes as a significant milestone for the country's energy transition. The leg…

Fri Jul 03 20267 min
UCL Framework Scores Vessel Climate Risk for Shipping Investors

UCL Framework Scores Vessel Climate Risk for Shipping Investors

Researchers at University College London have developed a framework to help vessel investors assess how a ship may be affected by different regulatory and market outcomes during shipping's transition to cleaner fuels. Th…

Thu Jul 02 20266 min
Saronic Launches 52-Foot Dual-Use Autonomous Surface Vessel Mirage

Saronic Launches 52-Foot Dual-Use Autonomous Surface Vessel Mirage

Saronic has launched its first Mirage, a 52-foot dual-use autonomous surface vessel that becomes the third flagship platform in the company's growing fleet alongside the Corsair and Marauder. Built in under a year from i…

Thu Jul 02 20267 min
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