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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
RAD Raises £4.4M to Scale Autonomous Vessel and Electric Propulsion

RAD Raises £4.4M to Scale Autonomous Vessel and Electric Propulsion

Marine technology company RAD has closed a 4.4 million pound funding round to accelerate the commercialisation of its autonomous vessel technology and expand its electric propulsion portfolio. The raise, led by Mercia Ve…

Wed Jul 08 20267 min
GEOMAR's WHIRLS Campaign Deploys Autonomous Fleet off South Africa

GEOMAR's WHIRLS Campaign Deploys Autonomous Fleet off South Africa

An international research campaign led by Germany's GEOMAR is deploying two research vessels and a large fleet of autonomous systems off South Africa to study how small-scale ocean movements shape climate and marine life…

Wed Jul 08 20267 min
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