Nauticus

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

Retrieved on: 
Tuesday, May 7, 2024

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.

Key Points: 
  • 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.
  • The Company plans to host an earnings conference call on May 14 at 9:00 am Central Daylight Time.
  • To participate in the earnings conference call, participants should dial toll free at 800-225-9448, conference ID: KITT, or access the listen-only webcast at the following link: https://events.q4inc.com/attendee/621212712

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

Retrieved on: 
Thursday, April 4, 2024

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.

Key Points: 
  • 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.
  • The Company plans to host an earnings conference call on April 10, 2024 at 10:00 am Central Daylight Time.
  • To participate in the earnings conference call, participants should access the webcast at https://eventmeet.conferencingcenter.com/EventView/login , conference ID: KITT, or dial toll free at 800-343-4136, conference ID: KITT.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PNT, RENB, KITT, APRN

Retrieved on: 
Sunday, October 8, 2023

If you are a POINT Biopharma shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a POINT Biopharma shareholder, click here to learn more about your rights and options .
  • If you are a Renovaro shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

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

Retrieved on: 
Tuesday, October 3, 2023

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.

Key Points: 
  • 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.
  • On behalf of Nauticus shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

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

Retrieved on: 
Tuesday, October 3, 2023

“The future of subsea services lies in autonomy, data gathering, and analytics,” said Nicolaus Radford, Nauticus’ Founder and CEO.

Key Points: 
  • “The future of subsea services lies in autonomy, data gathering, and analytics,” said Nicolaus Radford, Nauticus’ Founder and CEO.
  • “The Nauticus Robotics and 3D at Depth combination creates a compelling solution for the subsea market and should help improve our products and services for all our clients,” said Carl Embry, founder and CEO of 3D at Depth.
  • Upon closing of the transaction, 3D will operate as a division of Nauticus.
  • Mast Capital Advisors is acting as the exclusive financial advisor to Nauticus and Winston & Strawn LLP is serving as legal counsel to Nauticus in connection with the transaction.

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

Retrieved on: 
Thursday, September 21, 2023

The Term Loan Agreement provides Nauticus with up to $20 million in secured term loans (the "Loans"), of which $11.6 million has already been funded.

Key Points: 
  • The Term Loan Agreement provides Nauticus with up to $20 million in secured term loans (the "Loans"), of which $11.6 million has already been funded.
  • The Company is actively discussing a larger round of capital with new investors, beyond the available capacity of the Term Loan Agreement, to support its service offering expansion.
  • Their continued investment underscores confidence in the company's strategic direction and growth potential," said Nicolaus Radford, CEO of Nauticus.
  • We are excited about the opportunities this financing provides as we continue to build out our fleet of robots."

Nauticus Robotics Announces Offshore Service Agreement with Shell

Retrieved on: 
Thursday, September 14, 2023

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).

Key Points: 
  • 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 new contract acknowledges Nauticus’ successful transition to a fully operational offshore services provider.
  • “Nauticus now has visibility long term IMR services work for Shell and the opportunity to become the preferred supplier for this advanced work.
  • The offshore operational design of the project also involved a collaborative effort with Shell’s marine assurance staff and robotics innovation programme.

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

Retrieved on: 
Monday, September 11, 2023

Aquanaut’s machine intelligence and supervised autonomy capabilities enable the use of smaller service vessels previously not utilized for IMR.

Key Points: 
  • Aquanaut’s machine intelligence and supervised autonomy capabilities enable the use of smaller service vessels previously not utilized for IMR.
  • By combining capabilities Nauticus and MMA can offer a more economical solution compared to conventional methods.
  • The partnership with MMA Offshore is yet another milestone to bolster Nauticus’ strategic global presence and follows the recent announcement to deploy its autonomous robot, Aquanaut, in Brazil to service Petrobras assets.
  • Earlier in the year, Nauticus had initiated its international expansion with the announcement of opening operating bases in Stavanger, Norway and Aberdeen, Scotland.

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

Retrieved on: 
Tuesday, August 29, 2023

HOUSTON, Aug. 29, 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 that Equinor ASA (“Equinor”) (NYSE: EQNR), an international energy company based in Norway, has engaged Nauticus and its local business partner, Stinger Technology AS (“Stinger”), for the deployment of the Company’s proprietary leak detection technology service.

Key Points: 
  • HOUSTON, Aug. 29, 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 that Equinor ASA (“Equinor”) (NYSE: EQNR), an international energy company based in Norway, has engaged Nauticus and its local business partner, Stinger Technology AS (“Stinger”), for the deployment of the Company’s proprietary leak detection technology service.
  • The pilot project addresses the need for improved leak detection technologies, with the objective of demonstrating and qualifying Nauticus leak detection technology from autonomous robots in Equinor.
  • For Equinor, sustainability is a core principle, and having methods and systems for leak detection is a part of this principle.
  • The pilot aims to validate the Company’s technology and provides Nauticus with the opportunity to qualify for future contracts with Equinor.

Nauticus Robotics and Leidos Execute Additional $2.1M Contract Extension

Retrieved on: 
Tuesday, August 22, 2023

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.

Key Points: 
  • 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.
  • In addition, this award furthers operational enhancements to toolKITT, Nauticus' proprietary software package developed to enable an ecosystem of autonomous actions for subsea vehicles, which enables the vehicle’s intelligence.
  • "This work is the centerpiece of Nauticus’ excellent collaboration with Leidos, and I look forward to continuing our mutual progress of advancing the state of the art in undersea vehicles," said Nicolaus Radford, founder and CEO of Nauticus.