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Nauticus Robotics Tests Aquanaut Mk2 Vehicle, Announces 2023 Results [Yahoo! Finance]

Nauticus Robotics, Inc. - Common stock (KITT) 
Company Research Source: Yahoo! Finance
results for its Aquanaut Mk2 vehicle and financial results for the quarter and year ended December 31 "We have spent the past few months transforming Nauticus from a company with great R&D capabilities to one poised to be commercially successful," said John W. Gibson, Jr. , Nauticus' CEO and President. "We successfully raised additional capital, reorganized our operations, materially reduced expected G&A costs, and initiated sea trials for our Aquanaut Mk2 vehicle in the Gulf of Mexico. These sea trials include not just depth, but maneuverability, emergency procedures, launch and recovery, and are milestone events in Nauticus' vision. Our team has successfully tested to a depth of greater than 1,200 meters. We've gone from promise to product. The next generation of subsea vehicle is now in the water." Operational Highlights Product Structure : The Company has reorganized its personnel and operations to focus on its four main products: Autonomous Solutions, Government Solutions, Show less Read more
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