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Canadian Subsea Tech Firm Kraken Expands with 3D at Depth Merger

March 14, 2025 by Newsdesk

Kraken Robotics has signed a $25 million merger agreement to acquire 3D at Depth, a leading U.S.-based subsea LiDAR technology firm. The acquisition, expected to close April 1, 2025, will enhance Kraken’s marine survey capabilities with 3D at Depth’s high-resolution underwater LiDAR technology, serving offshore oil and gas, defense, and renewable energy sectors.

3D at Depth, headquartered in Colorado, has 60+ clients worldwide and generated USD $14 million in 2024 revenue. The merger strengthens Kraken’s subsea asset inspection portfolio, expanding service offerings and advancing digital twin technology applications.

Want to know more? Check out the source code on GlobeNewswire.

Filed Under: News Tagged With: Kraken Robotics

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