Group 1 - Nauticus Robotics has announced a new testing partnership with Florida Atlantic University (FAU) for its Aquanaut Mark 2, which will take place in both shallow and deep water settings [1][2] - The partnership is expected to save Nauticus Robotics 90% of testing costs for the Aquanaut Mark 2 [2] - The testing at FAU will facilitate efficient product development and data collection, expediting the technology's preparation for commercial use [3] Group 2 - Following the announcement of the testing agreement, KITT stock experienced significant trading activity, with over 8 million shares changing hands, far exceeding its daily average of approximately 1.1 million shares [3] - KITT stock rose by 40.4% as of Friday morning, reflecting positive investor sentiment regarding the partnership [4]
Why Is Nauticus Robotics (KITT) Stock Up 40% Today?