NR

Nauticus Robotics

KITT
NASDAQIndustrials
$2.42
USD
+0.10(+4.31%)
At close: Apr 30, 18:14 UTC
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Open

$2.43

Prev. Close

$2.43

High

$2.43

Low

$2.42

Market Snapshot

Market Cap

$3.98M

P/E Ratio

-0.1

EPS

-11.49

Revenue

$1.51M

Employees

47

Why KITT moved

Nauticus Robotics has confirmed compliance with Nasdaq listing requirements, needing to maintain $3.5 million in shareholders' equity until December 19, 2026, ensuring future operational stability.

About

Nauticus Robotics, Inc. engages in the development of ocean robots that are controlled through an AI-driven cloud software platform, which enables a sliding scale spectrum of autonomous operations. The company is headquartered in Webster, Texas and currently employs 47 full-time employees. The company went IPO on 2021-07-19. Its business model includes using robotic systems for service, selling vehicles and components, and licensing of related software to both the commercial and defense business sectors. The company has designed and is testing and certifying a new generation of vehicles to reduce operational cost and gather data to maintain and operate a wide variety of subsea infrastructure. The company also develops a range of technology products for retrofit/upgrading traditional ROV operations and other third-party vehicle platforms. Its services provide customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets while reducing their operational footprint, operating cost, and greenhouse gas emissions, to improve offshore health, safety, and environmental exposure. Its products include Aquanaut, Autonomous Solutions, Government Solutions, Olympic Arms, and toolKITT software.

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