A British firm building uncrewed patrol boats for NATO navies just crossed the billion-dollar valuation mark, with Kraken Technology Group announcing the close of a $175 million Series B funding round on July 9 that values the company at $1 billion. The round, led by Digital Transformation Capital Partners, or DTCP, arrives less than a […]

An uncrewed patrol boat just fell out of an airplane at 1,300 feet and splashed down ready to go to work, and the company behind it says nobody has ever pulled that off before. Kraken Technology Group and Capewell announced on July 8 that they completed the world’s first extracted-load airdrop of an uncrewed surface […]