Nauticus Robotics Raises $12M in Funding to Execute 2024 Goals, including Industry-changing 'Augmented Autonomy' for Subsea Robots
Nauticus Robotics, Inc. - Common stock (KITT)
Company Research
Source: PR Newswire
HOUSTON, Feb. 5, 2024 /PRNewswire/ -- Nauticus Robotics (NASDAQ: KITT), a leading developer of subsea robots and software, announces securing over $12M net today, part of a second tranche of investment.The new investment will expedite certification of Nauticus' flagship robot, the Aquanaut, which facilitates the transformation of tethered ROV operations to fully autonomous operations. It is expected to perform numerous tasks in water depths ranging from 200 - 2000+ meters during February in preparation for an inaugural job inspecting a deep-water production facility of a major oil and gas company in the Gulf of Mexico.The new investment comes only weeks after the company announced a change in leadership, including a new CEO, CFO and lead General Counsel.Since becoming the President of Nauticus in October, John Gibson has been assessing the go-to-market strategy and said "the market sees our potential and supports our vision of delivering full autonomy to subsea operations – however, t
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News
- Nauticus Robotics, Inc. (NASDAQ:KITT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Nauticus Robotics Tests Aquanaut Mk2 Vehicle, Announces 2023 Results [Yahoo! Finance]Yahoo! Finance
- Nauticus Robotics Tests Aquanaut Mk2 Vehicle, Announces 2023 ResultsPR Newswire
- Nauticus Robotics Announces Timing of Release of 2023 Earnings and Investor Conference Call [Yahoo! Finance]Yahoo! Finance
- Nauticus Robotics Announces Timing of Release of 2023 Earnings and Investor Conference CallPR Newswire
KITT
Earnings
- 11/14/23 - Miss
KITT
Sec Filings
- 5/3/24 - Form 424B3
- 5/3/24 - Form 424B3
- 5/1/24 - Form 8-K
- KITT's page on the SEC website