Nauticus robotics and leidos execute additional $2.1m contract extension

Houston, aug. 22, 2023 (globe newswire) -- nauticus robotics, inc. ("nauticus" or the "company") (nasdaq: kitt), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced it has been awarded an additional $2.1 million under its current contract with leidos (nyse: ldos), a fortune 500® science and technology leader. the additional funding augments the earlier award and this program has received $16.6 million in funding from leidos since 2022. the technology developed is expected to underpin future, economically material opportunities.
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