News

Nauticus Robotics Announces Appointment of New General Counsel

  • HOUSTON , Aug. 21, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces that John Symington was appointed as General Counsel of the company on August 14, 2024. Nick Bigney recently announced his departure and the two are working together through the transition period.
    08/21/2024

Nauticus Robotics, Inc. (KITT) Q2 2024 Earnings Call Transcript

  • Nauticus Robotics, Inc. (KITT) Q2 2024 Earnings Call Transcript
    08/14/2024
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The price of Nauticus Robotics, Inc. (KITT) is 1.55 and it was updated on 2024-09-17 13:00:42.

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Nauticus Robotics Announces Results for the Second Quarter of 2024

  • HOUSTON , Aug. 13, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended June 30, 2024. "I would like to thank our existing lenders for their continued support.
    Tue, Aug. 13, 2024

Why Is Nauticus Robotics (KITT) Stock Up 40% Today?

  • Nauticus Robotics (NASDAQ: KITT ) stock is on the rise Friday after the ocean robots and cloud software development company announced a new testing partnership. This has Nauticus Robotics teaming up with Florida Atlantic University (FAU) for further testing of its Aquanaut Mark 2.
    Fri, Aug. 09, 2024

Nauticus Robotics Enters Aquanaut Mark 2 Testing Partnership with FAU

  • 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 Atlantic Ocean.
    Thu, Aug. 08, 2024

Nauticus Robotics Announces Timing of Release of Second Quarter Earnings and Investor Conference Call

  • HOUSTON , July 29, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its second quarter financial and operating results for the period ended June 30, 2024.  The Company plans to release its second quarter financial and operating results after market close on August 13, 2024.
    Mon, Jul. 29, 2024

Why Is Nauticus Robotics (KITT) Stock Down 19% Today?

  • Nauticus Robotics (NASDAQ: KITT ) stock is taking a beating on Friday after the ocean robots and cloud services company announced plans for a reverse split of its shares. Nauticus Robotics will enact a one-for-36 reverse stock split for KITT shares after markets close on Monday.
    Fri, Jul. 19, 2024
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Nauticus Robotics Announces Transformative 1-for-36 Reverse Stock Split

  • 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.
  • 07/18/2024

Nauticus Robotics Invoices Phase I: Concept Validation Under Contract for Aquanaut Mark 2

  • HOUSTON , July 18, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces the successful completion and invoicing of Phase I in its transformative four-phase contract with Brazil's largest offshore oil & gas operator. This milestone concludes part of the contract that was awarded in 2023.
  • 07/18/2024

Hot Penny Stock Pick: Why Nauticus Robotics Could Go From Unknown to Must-Own

  • If you think you've already discovered every artificial intelligence stock, think again. Many investors haven't even heard of Nauticus Robotics (NASDAQ: KITT ), but they're missing out on an interesting opportunity.
  • 06/28/2024

Nauticus Robotics stock: why is it up 60% on Tuesday?

  • Nauticus Robotics Inc (NASDAQ: KITT) is up a whopping 60% on Tuesday even though there hasn't been an announcement or news that could have catalysed such a huge surge in its share price.
  • 06/11/2024

Why Is Nauticus Robotics (KITT) Stock Up 59% Today?

  • 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.
  • 06/11/2024

Nauticus Robotics Announces Results for the First Quarter of 2024

  • 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.
  • 05/13/2024

Nauticus Robotics Announces Timing of Release of First Quarter Earnings and Investor Conference Call

  • HOUSTON , May 6, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its first quarter financial and operating results for the period ended March 31, 2024.  The Company plans to release its first quarter financial and operating results after market close on May 13, 2024.
  • 05/06/2024

Nauticus Robotics, Inc. (KITT) Q4 2023 Earnings Call Transcript

  • Nauticus Robotics, Inc. (NASDAQ:KITT ) Q4 2023 Earnings Call Transcript April 10, 2024 11:00 AM ET Company Participants Kristin Moorman - Special Projects Leader John Gibson - CEO and President Stu Donnan - Chief Engineer Vicki Hay - Interim CFO Jorge Machnizh - Sales and Business Development Leader Conference Call Participants Brian Dobson - Chardan Capital Markets Operator Good day everyone and welcome to today's Nauticus Robotics 2023 Q4 Earnings Call. At this time, all participants are in a listen-only mode.
  • 04/10/2024

Nauticus Robotics Tests Aquanaut Mk2 Vehicle, Announces 2023 Results

  • HOUSTON , April 9, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced preliminary testing results for its Aquanaut Mk2 vehicle and financial results for the quarter and year ended December 31, 2023.  "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.
  • 04/09/2024

Nauticus Robotics Announces Timing of Release of 2023 Earnings and Investor Conference Call

  • HOUSTON , April 4, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its fourth quarter and year end financial and operating results for the period ended December 31, 2023.  The Company plans to release its fourth quarter and year 2023 financial and operating results after market close on April 9, 2024.
  • 04/04/2024

Avoiding AI Armageddon: 3 Stocks to Dump Before They Go to Zero

  • “A rising tide lifts all ships.” It's a simple yet stark reminder of investors' tendency to overestimate the market's value when things look green.
  • 03/28/2024

Why Is Nauticus Robotics (KITT) Stock Up 65% Today?

  • Nauticus Robotics (NASDAQ: KITT ) stock is rocketing higher on Wednesday alongside heavy pre-market trading of the ocean industry robots, software and services company this morning. KITT stock is rallying on Wednesday morning as more than 23 million shares of the company's stock changed hands.
  • 02/28/2024

Nauticus Robotics Raises $12M in Funding to Execute 2024 Goals, including Industry-changing 'Augmented Autonomy' for Subsea Robots

  • 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.
  • 02/05/2024

Nauticus Robotics Secures Additional Funding, Appoints New Executive Management, Improves Operations and Cost Structures, and Engages Strategic Advisor

  • HOUSTON , Jan. 10, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT) ("Nauticus" or the "Company"), a developer of subsea autonomous robotic systems and software, today announced that it secured an investment before the close of 2023 and eliminated many of the dilutive warrants and ratchet provisions of the original de-SPAC financing in the process.  The new investment is the first tranche of financing led by existing investors.
  • 01/10/2024

Nauticus Robotics, Inc. (KITT) May Report Negative Earnings: Know the Trend Ahead of Q3 Release

  • Nauticus Robotics, Inc. (KITT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 11/06/2023

KITT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Nauticus Robotics, Inc. Is Fair to Shareholders

  • NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Nauticus Robotics, Inc. (NASDAQ: KITT) and 3D at Depth, Inc. is fair to Nauticus shareholders. Under the terms of the proposed transaction, 3D security holders will receive approximately 9.9326 shares of Nauticus common stock for each share of 3D common stock equivalent they own. Nauticus will also assume approximately $4.1 million of debt in the proposed transaction. Halper Sadeh en.
  • 10/03/2023

Nauticus Robotics to Acquire 3D at Depth in All-Stock Transaction

  • Acquisition Strengthens Nauticus' Position in the Digital Evolution of Subsea Services Acquisition Strengthens Nauticus' Position in the Digital Evolution of Subsea Services
  • 10/03/2023

Nauticus Robotics Announces Term Loan Financing of up to $20 Million

  • Financing From Existing Investors Bolsters Commissioning and Commercialization of Nauticus' Fleet Financing From Existing Investors Bolsters Commissioning and Commercialization of Nauticus' Fleet
  • 09/21/2023

Nauticus Robotics stock rises on Shell tie-up in Gulf of Mexico

  • Nauticus Robotics (NASDAQ:KITT) was up sharply on Thursday as it unveiled a new partnership with Shell PLC (LSE:SHEL, NYSE:SHEL), which will use the NASDAQ-listed firm's marine technology and AI systems to maintain its offshore installations. The automated robot systems will start by inspecting some of Shell's subsea infrastructure in the Gulf of Mexico.
  • 09/14/2023

Nauticus Robotics Announces Offshore Service Agreement with Shell

  • HOUSTON, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, today announced its entry into a service contract with Shell plc (“Shell”) (NYSE: SHEL). The initial scope of work includes inspection services on a Shell subsea field development in the Gulf of Mexico, and the contract contemplates visible future inspection service projects. The contract follows Nauticus' successful qualification phase for autonomous methods of subsea operations for inspection services. The new contract acknowledges Nauticus' successful transition to a fully operational offshore services provider.
  • 09/14/2023

Nauticus Robotics and MMA Offshore Sign Memorandum Of Understanding to Deploy Aquanauts Into Asia-Pacific

  • Autonomous Ocean Robotics Leader Further Expands Global Presence Following Recent Entry into European Markets Autonomous Ocean Robotics Leader Further Expands Global Presence Following Recent Entry into European Markets
  • 09/11/2023

Nauticus Robotics to Provide AUV/UID Leak Detection Technology Testing for Equinor

  • Nauticus and Partner Stinger Technology Contracted for Pilot Project, Qualifying for Potential Future Direct Contracts and Expanding Nauticus' Presence in North Sea Region Nauticus and Partner Stinger Technology Contracted for Pilot Project, Qualifying for Potential Future Direct Contracts and Expanding Nauticus' Presence in North Sea Region
  • 08/29/2023

KITT ALERT: Levi & Korsinsky, LLP Announces an Investigation of Nauticus Robotics

  • NEW YORK , Aug. 25, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Nauticus Robotics, Inc. ("KITT" or the "Company") (NASDAQ: KITT) (f/k/a Cleantech Acquisition Corp. ("CLAQ")). You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into potential breaches of fiduciary duty by the KITT/CLAQ board of directors.
  • 08/25/2023

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.
  • 08/22/2023

KITT ALERT: Levi & Korsinsky, LLP Announces an Investigation of Nauticus Robotics

  • NEW YORK , Aug. 18, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Nauticus Robotics, Inc. ("KITT" or the "Company") (NASDAQ: KITT) (f/k/a Cleantech Acquisition Corp. ("CLAQ")). You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into potential breaches of fiduciary duty by the KITT/CLAQ board of directors.
  • 08/18/2023

If You Can Only Buy One Robotics Stock, It Better Be One of These 3 Names

  • In the ever-evolving world of technology, robotics has emerged as a sector with immense potential. The quest for automation and efficiency has led to the development of some of the best robotics stocks to buy.
  • 07/25/2023

3 Penny Stocks Worth a Roll of the Dice Right Now

  • Despite the recent surge in the S&P 500 index and the beginning of a new bull market, penny stocks have experienced varying performances. While not all lagging equities have entered “bull market mode,” investors may want to consider these promising penny stocks.
  • 07/07/2023

3 Penny Stocks with Multibagger Potential for the Second Half of 2023

  • With investors looking for growth wherever they can find it, it's a good time to look at penny stocks to watch in 2023. Granted, penny stocks carry a higher risk than blue-chip stocks, but they also carry the potential for outsized returns.
  • 06/26/2023

Nauticus Robotics Sets First Quarter 2023 Earnings Conference Call for Monday, May 15 at 4:30 p.m. Eastern Time

  • HOUSTON, May 02, 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 economies, will host a conference call on Monday, May 15, 2023 at 4:30 p.m. Eastern Time to discuss its results from the first quarter ended March 31, 2023. A press release detailing these results will be issued after the end of trading on the same day.
  • 05/02/2023

7 Penny Stocks to Buy and Hold for the Next Decade

  • Finding penny stocks to buy and hold for the next decade is not an easy task. After all, penny stocks are inherently risky and likely to be start-ups.
  • 02/26/2023

Factoring In AI-Based Robots Makes Nauticus Robotics Undervalued

  • Nauticus offers robotics elements that serve for underwater exploration and research, as well as maneuvering in coastal operations. I assumed that demand for rare materials will likely serve as a catalyst for revenue generation.
  • 01/12/2023

Nauticus Robotics to Present at United Nations Sustainability Event

  • CEO Nicolaus Radford will Discuss Nauticus' Sustainability Measures at the United Nations Event, “Energy Transition Industries: Solutions to Achieving SDG's” CEO Nicolaus Radford will Discuss Nauticus' Sustainability Measures at the United Nations Event, “Energy Transition Industries: Solutions to Achieving SDG's”
  • 12/01/2022

Nauticus Robotics, Inc. (KITT) Q3 2022 Earnings Call Transcript

  • Nauticus Robotics, Inc. (NASDAQ:KITT ) Q3 2022 Earnings Conference Call November 14, 2022 12:00 PM ET Company Participants Jeff Grampp - IR, Gateway Group Inc. Nicolaus Radford - Founder and CEO Rangan Padmanabhan - CFO Conference Call Participants Craig Irwin - ROTH Capital Troy Jensen - Lake Street Capital Brian Dobson - Chardan Capital Markets Operator Hello and welcome to the Nauticus Robotics Earnings Conference Call, for the Third Quarter Ended September 30 2022. My name is Paul and I will be your operator today.
  • 11/16/2022

Nauticus Robotics Sets Third Quarter 2022 Earnings Conference Call for Monday, November 14 at 12 p.m. Eastern Time

  • HOUSTON, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, will host a conference call on Monday, November 14, 2022 at 12:00 p.m. Eastern Time to discuss its results from the third quarter 2022. A press release detailing these results will be issued before the open of trading on the same day.
  • 10/31/2022

Why Are Energy Stocks Up Today?

  • Source: Oil and Gas Photographer / Shutterstock.com Energy stocks are on the move Wednesday after OPEC+ agreed to cut the amount of oil produced. The organization of oil-producing countries will be cutting the amount of oil they make by 2 million barrels per day.
  • 10/05/2022

Will the Federal Reserve Pivot in 2023?

  • Source: MDart10 via shutterstock.com There's a lot of talk about the Federal Reverse right now as investors wonder if it will pivot in 2023. All throughout 2022, the Fed has been moving forward with plans to combat inflation.
  • 10/05/2022

Why Is Nauticus Robotics (KITT) Stock Up 70% Today?

  • Shares of Houston-based robotics company Nauticus Robotics (NASDAQ: KITT ) stock, which came public through a special purpose acquisition company (SPAC) in September, jumped nearly 70% on Oct. 5 after it won a Defense Department contract for amphibious robot software. Nauticus is the brainchild of roboticist Nic Radford, who previously spent 14 years at NASA developing robots for Mars missions.
  • 10/05/2022
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