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 Atlan ...

Nauticus Robotics, Inc. develops autonomous robots for the ocean industries. Autonomy requires the extensive use of sensors, artificial intelligence, and effective algorithms for perception and decision allowing the robot to adapt to changing environments. The company's business model includes using robotic systems for service, selling vehicles and components, and licensing of related software to both the commercial and defense business sectors. Nauticus has designed and is currently testing and certifying ...

Nauticus Robotics will enact a one-for-36 reverse stock split for KITT shares after markets close on Monday. That will see it consolidate 36 shares of its common stock into a single share. Nauticus Robotics is enacting this reverse stock split to increase the price of its shares. This is due to its low trading price with KITT closing out Thursday at just 12 cents per share. Investors will want to stick around for more of the most recent stock market stories today! On Penny Stocks and Low-Volume Stocks:With ...

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. Key Information About the Reverse Split What is a Reverse Split? A revers ...

Nauticus' Autonomous Solutions team has achieved a crucial victory by finalizing the engineering and proof-ofconcept documentation for the Aquanaut Mark 2 vehicle. This documentation details the advancements and capabilities of Aquanaut Mark 2, ensuring it meets the stringent requirements of 10 core functionalities essential for offshore deepwater field inspection and light maintenance tasks. The reports include a technical analysis of each required capability, Factory Acceptance Test results for each vehic ...

As you can probably surmise, Nauticus Robotics is a robotics company. It uses sensors, AI and algorithms to develop autonomous robots for oceans. Nauticus Robotics: 'From Promise to Product' Nauticus Robotics successfully tested the AUV Aquanaut Mark 2 in the Gulf of Mexico for "launch and recovery, emergency procedures, and maneuverability." Consequently, Nauticus Robotics is confident that this vehicle will be "capable of generating daily revenue in Q3 2024 from existing contracts." Perhaps the full deplo ...

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. That's a massive surge in trading volume compared to the company's daily average of about 14.1 million shares. Investors will also note that KITT stock saw heavy trading and a rally yesterday. That resulted in more than 212 million shares changing hands yesterda ...

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. Later you will have ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): May 13, 2024 NAUTICUS ROBOTICS, INC. (Exact name of registrant as specified in its charter) Delaware 001-40611 87-1699753 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 17146 Feathercraft Lane, Suite 450, Webster, TX 77598 (Address of p ...

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. Gibson, Jr., Nauticus' CEO and President. "We should generate daily revenue from the Aquanaut Mark 2 vehicle beginning in Q3 2024 and have a strong queue of new opportunities developing. ...