Kraken Technology Group
British maritime defence company designing and manufacturing autonomous uncrewed surface vessels (USVs) for defence, security, and commercial applications.
- CEO / Founder
- Mal Crease
- Team Size
- 51-200
- Stage
- Growth Stage
- Total Funding
- $175M
- Latest Round
- Series B
- Key Investors
- Digital Transformation Capital Partners (DTCP); British Business Bank; NATO Innovation Fund (NIF); NSSIF; Rheinmetall; Inocea
Technology & Products
Key Products
K3 SCOUT (uncrewed surface vessel); K40 MANTA (uncrewed subsurface vessel); Modular autonomous maritime platforms for littoral operations, force protection, reconnaissance, and precision strike.
Technological Advantage
Open-architecture MOSA-based control systems; scalable composite manufacturing; advanced powertrain design; real-time autonomous operations at Sea State 5+; automotive-inspired production model for rapid scaling.
Differentiation
Value Proposition
High-performance dual-use composite littoral platforms for defence and commercial maritime applications, with open architecture control systems, rapid prototyping, and scalable manufacturing.
How They Differentiate
Focus on attritable, modular uncrewed surface vessels (USVs) with open-architecture control systems and automotive-inspired scalable production model, enabling rapid deployment and cost-effective maritime defence capabilities.
Market & Competition
Target Customers
Defence ministries, navies, special operations forces (USSOCOM, Royal Navy), maritime security agencies, and commercial offshore operators (oil & gas, offshore wind).
Industry Verticals
Defence; Maritime Security; Special Operations; Commercial Offshore; Humanitarian Assistance; Research & Academia
Competitors
Saronic Technologies; Anduril Industries (maritime division); SubSea Craft Limited
Growth & Milestones
Major Milestones
2021: Company founded; 2025: NATO Innovation Fund and NSSIF investment; 2025: OTA award from USSOCOM ($49M); 2026: Series B $175M at $1B valuation; 2026: World's first USV extracted-load airdrop with Capewell; 2026: Series production of K3 Scout begins at Rheinmetall's Blohm+Voss; 2026: Partnership with Anduril Industries; 2026: Davie partnership for Canadian production
Notable Customers
USSOCOM ($49M OTA award); Royal Navy; NATO