On August 4, 2022, British maritime technology company Kraken Technology Group (KTG) announced that it signed a Memorandum of Understanding (MoU) with Thales for the ongoing development and provision of bespoke systems for the Kraken K50 maritime precision engagement platform. The K50 has been designed to deliver unparalleled levels of performance, modularity, and operational capability for modern green-water security operations.

Further areas of collaboration and development will include the development of advanced composite high-performance craft, in addition to bespoke electric and advanced hybrid powertrain solutions, all of which will be built at a new advanced engineering and technology center.