$Nauticus Robotics (KITT.US)$ Nauticus Robotics (NASDAQ: KIT...
Nauticus Robotics (NASDAQ: KITT) has launched its 2025 offshore season with two significant ROV deployments. The first ROV secured a long-term contract with a marine transportation company for oil and gas drill support operations in the Gulf Coast, supporting an international energy company for a minimum of 120 days.
The second ROV, after completing an offshore wind industry project off the New England Coast, is being relocated to the Gulf Coast. It will be placed on a vessel alongside an Aquanaut vehicle for potential environmental and oil and gas industry operations. This dual-vehicle deployment aims to expand Nauticus' Aquanaut customer base while maintaining existing relationships.
The company develops autonomous robots for ocean industries, focusing on reducing operational costs and improving data collection for subsea infrastructure maintenance. Their business model includes robotic services, vehicle sales, and software licensing across commercial and defense sectors.
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thanant Bhav : 2.5
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