Nauticus Robotics Inc

Nauticus Robotics, Inc. engages in the development of cloud-based artificial intelligence software. Its objective is to power ocean robots and services through its software products. It offers an aquanaut, hydronaut, olympic arm, haloguard, and nauticus software suite. The company was founded by Nicolaus Adam Radford and Reginald Bruce Berka on November 24, 2021 and is headquartered in Webster, TX.

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Nauticus Robotics reports Q2 revenue dip but eyes growth opportunities

Nauticus Robotics faced challenges with government contract delays impacting revenue but showed strength in securing commercial deals and improving net income.
The company's focus on expanding service offerings and seeking additional funding positions it well for future growth opportunities.
With a solid cash position and ongoing efforts to secure capital, Nauticus is poised to capitalize on the increasing demand for Aquanaut.

Nauticus Robotics shifts focus to innovation, secures funding for growth

Nauticus Robotics Inc showcased progress in subsea technology development and cost management efforts despite a revenue decline. The company's strategic reorganization and focus on innovation position it for future growth. Challenges in revenue generation and market uncertainties require a proactive approach to maintain financial stability and capitalize on growth opportunities.

Nauticus Robotics Inc (KITT) reports mixed Q3 results, focuses on innovation and compliance for future growth

Nauticus Robotics Inc (KITT) navigates challenges with a focus on innovation and compliance, leveraging strengths in Aquanaut projects and software platform advancements for future opportunities.

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Nauticus Robotics, Inc. engages in the development of ocean robots that are controlled through an AI-driven cloud software platform which enables a sliding scale spectrum of autonomous operations. It offers an aquanaut, hydronaut, argonaut, ToolKITT, and olympic arm. The company was founded by Nicolaus Adam Radford and Reginald Bruce Berka on November 24, 2021 and is headquartered in Webster, TX.

HOUSTON, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced that the Company's Founder and CEO, Nicolaus Radford, and other members of the Nauticus team, will ring the NASDAQ Closing Bell on Thursday, October 20, 2022. This event celebrates the Company's recent closing of its business combination with CleanTech Acquisition Corp. and associated listing of Nauticus' common stock and warrants on NASDAQ under the symbols “KITT” and “KITTW”, respectively, which occurred on September 13, 2022.

Nauticus Robotics to Ring NASDAQ Closing Bell on Thursday, October 20, 2022

Shares of Houston-based robotics company Nauticus Robotics (NASDAQ: KITT ) stock, which came public through a special purpose acquisition company (SPAC) in September, jumped nearly 70% on Oct. 5 after it won a Defense Department contract for amphibious robot software. Nauticus is the brainchild of roboticist Nic Radford, who previously spent 14 years at NASA developing robots for Mars missions.

Why Is Nauticus Robotics (KITT) Stock Up 70% Today?

HOUSTON, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or “Company”) (NASDAQ: KITT), a developer of autonomous ocean robots and associated services, announced today that it has been awarded a second multi-million dollar contract by the U.S. Defense Innovation Unit (“DIU”) for the development of an amphibious unmanned system also utilizing the Company's autonomous command and control software platform, ToolKITT. This development follows Nauticus' previous DIU award announcement on February 15, 2022, where ToolKITT is being utilized aboard the U.S. Navy's Defender Mission Specialist remotely operated vehicle systems to advance the subsea vehicle with more autonomous behaviors. DIU is a Department of Defense organization that contracts with commercial companies to solve national security problems.

Nauticus Robotics, Inc. Announces Additional Contract Award with U.S. Defense Innovation Unit for an Autonomous Amphibious Robot

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