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.

Earnings data Q3 2022

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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 , Nov. 19, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT, "Nauticus"), a leading innovator in autonomous subsea robotics and software solutions, today announced a strategic collaboration with SeaTrepid International, LLC ("SeaTrepid") to integrate and test its ToolKITT software on a Remotely Operated Vehicle (ROV) in SeaTrepid's fleet. Under this collaboration, Nauticus will install a perpetual license of its ToolKITT software onto an ROV, with SeaTrepid providing access to its facilities and workforce to support pool testing during the certification process.

Nauticus Robotics and SeaTrepid International Collaborate to Bring ToolKITT Software to ROVs

Nauticus Robotics, Inc. (NASDAQ:KITT ) Q3 2024 Earnings Conference Call November 13, 2024 11:00 AM ET Company Participants Kristin Moorman - Special Projects Leader John Gibson - CEO and President Daniel Dehart - Field Operations Leader Jason Close - VP of Autonomous Software Solutions JD Yamokoski - Chief Technology Officer Victoria Hay - Interim CFO Conference Call Participants Operator Good day, everyone, and welcome to today's Nauticus Robotics 2024 Q3 Earnings Call. At this time, all participants are in a listen-only mode.

Nauticus Robotics, Inc. (KITT) Q3 2024 Earnings Call Transcript

HOUSTON , Nov. 12, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended September 30, 2024. John Gibson, Nauticus CEO, stated, "We committed to producing commercial revenue in the third quarter of 2024 with our Aquanaut Mark 2.

Nauticus Robotics Announces Results for the Third Quarter of 2024

Shell PLC

HOUSTON , Nov. 5, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, successfully completed its initial 2024 Gulf of Mexico (GOM) survey scope for Shell Exploration and Production Inc ("Shell"), a subsidiary of Shell plc (NYSE: SHEL), an international energy company based in the United Kingdom. The successful completion of this work combined with the submission of a final report completes the initial 2024 scope for the service contract awarded in 2023.

Nauticus Robotics Completes Initial 2024 Gulf of Mexico Field Survey Work for Shell

HOUSTON , Nov. 5, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, announces that it has entered into an agreement with existing debtholders to convert $33M dollars of debt into equity through a preferred stock exchange. The company anticipates that this exchange will allow the company to substantially deleverage the balance sheet and believes that it would resolve NASDAQ compliance issues previously reported.

Nauticus Robotics Debtholders Agree to Exchange $33M of Debt to Equity

HOUSTON , Oct. 30, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its third quarter financial and operating results for the period ended September 30, 2024.  The Company plans to release its third quarter financial and operating results after market close on November 12, 2024.

Nauticus Robotics Announces Timing of Release of Third Quarter Earnings and Investor Conference Call

HOUSTON , Sept. 30, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, is pleased to announce completion of qualification testing of its flagship underwater vehicle, Aquanaut Mark 2.

Nauticus Robotics Completes Aquanaut Mark 2 Qualification and Begins Commercial Operations

HOUSTON , Sept. 19, 2024 /PRNewswire/ -- Nauticus Robotics Inc. (NASDAQ: KITT) a leading innovator in autonomous subsea robotics and software, today announced receipt of a letter from the Nasdaq Stock Market LLC ("Nasdaq") approving an extension of time to regain compliance with all listing standards.

Nauticus Robotics Announces Notification of NASDAQ Listing Extension

HOUSTON , Sept. 17, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, began its second round of qualification testing of its flagship underwater vehicle, Aquanaut Mark 2, in the Gulf of Mexico (GOM).

Nauticus Robotics Announces Second Round of Aquanaut Mark 2 Deepwater Qualification Testing

HOUSTON , Aug. 21, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces that John Symington was appointed as General Counsel of the company on August 14, 2024. Nick Bigney recently announced his departure and the two are working together through the transition period.

Nauticus Robotics Announces Appointment of New General Counsel

Nauticus Robotics, Inc. (KITT) Q2 2024 Earnings Call Transcript

HOUSTON , Aug. 13, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended June 30, 2024. "I would like to thank our existing lenders for their continued support.

Nauticus Robotics Announces Results for the Second Quarter of 2024

Nauticus Robotics (NASDAQ: KITT ) stock is on the rise Friday after the ocean robots and cloud software development company announced a new testing partnership. This has Nauticus Robotics teaming up with Florida Atlantic University (FAU) for further testing of its Aquanaut Mark 2.

Why Is Nauticus Robotics (KITT) Stock Up 40% Today?

HOUSTON , Aug. 8, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces a partnership with Florida Atlantic University (FAU) for further testing of its flagship underwater vehicle, Aquanaut Mark 2. Nauticus has contracted with FAU to perform Aquanaut Mark 2 vehicle development testing in the protected waters near the university's Institute for Ocean and Systems Engineering Dania Beach facilities as well as in the deeper waters of the Atlantic Ocean.

Nauticus Robotics Enters Aquanaut Mark 2 Testing Partnership with FAU

HOUSTON , July 29, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its second quarter financial and operating results for the period ended June 30, 2024.  The Company plans to release its second quarter financial and operating results after market close on August 13, 2024.

Nauticus Robotics Announces Timing of Release of Second Quarter Earnings and Investor Conference Call

Nauticus Robotics (NASDAQ: KITT ) stock is taking a beating on Friday after the ocean robots and cloud services company announced plans for a reverse split of its shares. Nauticus Robotics will enact a one-for-36 reverse stock split for KITT shares after markets close on Monday.

Why Is Nauticus Robotics (KITT) Stock Down 19% Today?

HOUSTON , July 18, 2024 /PRNewswire/ --  Nauticus Robotics, Inc.  ("Nauticus" or the "Company") (NASDAQ: KITT) today announced that it will proceed with a 1-for-36 reverse stock split ("Reverse Split") of its outstanding shares of common stock (the "Common Stock") following approval by its Board of Directors. This ratio is within the range approved by stockholders at the annual meeting of the Company's shareholders held on June 17, 2024.

Nauticus Robotics Announces Transformative 1-for-36 Reverse Stock Split

HOUSTON , July 18, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces the successful completion and invoicing of Phase I in its transformative four-phase contract with Brazil's largest offshore oil & gas operator. This milestone concludes part of the contract that was awarded in 2023.

Nauticus Robotics Invoices Phase I: Concept Validation Under Contract for Aquanaut Mark 2

If you think you've already discovered every artificial intelligence stock, think again. Many investors haven't even heard of Nauticus Robotics (NASDAQ: KITT ), but they're missing out on an interesting opportunity.

Hot Penny Stock Pick: Why Nauticus Robotics Could Go From Unknown to Must-Own

Nauticus Robotics Inc (NASDAQ: KITT) is up a whopping 60% on Tuesday even though there hasn't been an announcement or news that could have catalysed such a huge surge in its share price.

Nauticus Robotics stock: why is it up 60% on Tuesday?

Nauticus Robotics (NASDAQ: KITT ) stock is up on Tuesday alongside heavy pre-market trading of the ocean robots company's shares. Nauticus Robotics stock is experiencing heavy trading with more than 41 million shares changing hands as of this writing.

Why Is Nauticus Robotics (KITT) Stock Up 59% Today?

Nauticus Robotics, Inc. (NASDAQ:KITT ) Q1 2024 Earnings Call Transcript May 14, 2024 10:00 AM ET Company Participants Kristin Moorman - Special Projects Leader John Gibson - President and Chief Executive Officer Jorge Machnizh - Sales and Business Development Leader Victoria Hay - Interim Chief Financial Officer Conference Call Participants Operator Good day, everyone, and welcome to today's Nauticus Robotics 2024 Q1 Earnings Call. At this time, all participants are in a listen-only mode.

Nauticus Robotics, Inc. (KITT) Q1 2024 Earnings Call Transcript

HOUSTON , May 13, 2024 /PRNewswire/ -- Nauticus Robotics, Inc.  ("Nauticus" or the "Company") (NASDAQ: KITT) today announced its financial results for the quarter ended March 31, 2024.  "We have successfully deployed Aquanaut Mark 2 in the Gulf of Mexico and tested the platform at depths greater than 1300 meters," said John W.

Nauticus Robotics Announces Results for the First Quarter of 2024

HOUSTON , May 6, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its first quarter financial and operating results for the period ended March 31, 2024.  The Company plans to release its first quarter financial and operating results after market close on May 13, 2024.

Nauticus Robotics Announces Timing of Release of First Quarter Earnings and Investor Conference Call

Nauticus Robotics, Inc. (NASDAQ:KITT ) Q4 2023 Earnings Call Transcript April 10, 2024 11:00 AM ET Company Participants Kristin Moorman - Special Projects Leader John Gibson - CEO and President Stu Donnan - Chief Engineer Vicki Hay - Interim CFO Jorge Machnizh - Sales and Business Development Leader Conference Call Participants Brian Dobson - Chardan Capital Markets Operator Good day everyone and welcome to today's Nauticus Robotics 2023 Q4 Earnings Call. At this time, all participants are in a listen-only mode.

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