KITT News & Events

Nauticus Robotics has been awarded a new offshore project to support an archaeological investigation along the East Coast of the United States. The scope of work includes conducting a detailed subsea archaeological survey in support of a client operating in the offshore wind sector. The investigation will leverage Nauticus' advanced autonomous systems and data collection capabilities to identify and document potential cultural and historical resources on the seafloor. Mobilization for the project is currently scheduled for early May, with operations expected to commence shortly thereafter.

Nauticus Robotics Inc trading halted, news pending

Nauticus Robotics announced that Michael Ferrier was appointed General Counsel of the company on April 07. John Symington recently announced his departure and the two are working together through the transition period. Prior to joining the company, Ferrier served as Assistant General Counsel at Berry Corporation from 2022 until March 27.

Nauticus Robotics announced the signing of an agreement for a strategic investment of up to $50M with Master Investment Group. The agreement contemplates an initial $3M investment tranche for Nauticus' UAE business unit startup activities, with additional capital available to support further expansion. The proposed investment is intended to fund the establishment of Nauticus' first international manufacturing and offshore robotics services hub in the United Arab Emirates, accelerating global deployment of Nauticus' Aquanaut autonomous subsea robotic platform. Under the proposed transaction, Nauticus plans to form a dedicated manufacturing, sales, and offshore services business unit in the UAE. Initial facility sites are already under evaluation. Master Investment Group is expected to fund facility development, workforce localization, and initial manufacturing capability, positioning the operation as a regional center for advanced subsea robotics. Nauticus has already initiated the formation of a local legal entity in the UAE and completed preliminary identification of a potential site for the planned facility. These early actions are intended to accelerate mobilization and reduce time to operational readiness following execution of definitive agreements. In addition, Master Investment Group has committed to support Nauticus in securing an initial Aquanaut deployment contract within the region, leveraging its local relationships and market access to facilitate early commercial adoption of Nauticus' autonomous subsea technology. The proposed transaction remains subject required third-party and governmental approvals. The parties anticipate initial operational capability in 2026, subject to final approvals.