
Work Here?
Work Here?
Work Here?
Nauticus Robotics builds autonomous subsea systems and software to automate offshore work. Its Nauticus Fleet pairs the Aquanaut, an electric transformable underwater robot, with the Hydronaut, an autonomous surface vessel that deploys, recharges, and communicates with the Aquanaut. The Aquanaut can operate as an autonomous underwater vehicle for surveys and as a remotely operated vehicle for close-in tasks, guided by ToolKITT, a software platform for autonomous control, mission planning, and data management. The company offers RaaS, direct product sales, and software licenses to help customers reduce offshore costs, minimize personnel needs, and lower greenhouse gas emissions by replacing manned vessels with a scalable, energy-efficient autonomous fleet.
Industries
Robotics & Automation
Enterprise Software
AI & Machine Learning
Defense
Company Size
11-50
Company Stage
IPO
Headquarters
Webster, Texas
Founded
2014
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$469.1M
Above
Industry Average
Funded Over
9 Rounds
Nauticus Robotics has commercially released Nauticus ToolKITT, an autonomy software suite that retrofits onto existing remotely operated vehicles (ROVs). The vehicle-agnostic system is now available to fleet operators, manufacturers, and defence contractors. The initial Pilot Assist module helps ROV pilots maintain position, compensate for currents, and navigate waypoints whilst keeping operators in supervisory control. The software integrates with existing manufacturer systems rather than replacing them. Nauticus has tested the technology on commercial operations, reporting vehicle efficiency improvements exceeding 20% and reduced pilot workload. The company targets work-class and observation-class vehicles lacking navigational autonomy across offshore energy, wind, telecommunications, and defence sectors. The software is offered via subscription licence with sensor and compute hardware. Chief executive John Gibson said the retrofit approach provides "the fastest route to a recurring revenue base" for operators unable to replace entire fleets.
Nauticus Robotics reported Q2 2026 results impacted by project deferrals in the Gulf of Mexico, where operators delayed work into 2027 amid lower oil price forecasts. The company is shifting from subcontractor to primary contractor internationally to capture full margins from its autonomous technology. Management completed a prototype electric manipulator using a lower-cost UAE manufacturing strategy and successfully deployed its Nauticus Toolkit software on a Comanche ROV. The toolkit's formal release is expected to generate recurring revenue starting in 2027. The company executed debt-to-equity exchanges reducing outstanding debt by $5.5 million. Cash reserves stood at $2 million at quarter-end. Nauticus is diversifying into offshore wind and defence sectors whilst expanding internationally through its UAE partnership with Master Investment Group.
Nauticus Robotics, a US-based developer of ocean robotics and AI-driven subsea services, has secured a strategic investment from Master Investment Group, a UAE investment firm. The partnership, announced on 5 June 2024, will enable Nauticus to expand into the Middle East, with the UAE serving as its regional hub. Nauticus plans to establish operations in the UAE, targeting customers in energy, maritime logistics, and offshore infrastructure. The company will leverage MIG's regional networks to adapt its autonomous subsea vehicles and AI-powered inspection technologies for Gulf-region clients. The partnership aligns with the UAE's Operation 300bn strategy, which aims to increase the manufacturing sector's contribution to GDP through technology localisation and industrial diversification. Nauticus intends to recruit local engineering talent and establish demonstration projects with regional energy operators.
Nauticus Robotics has issued a $1.5 million senior secured convertible debenture to an institutional investor. The note is convertible into 197,369 shares of common stock at a conversion price of $7.60 per share and matures on 9 September 2026. The transaction was executed under a securities purchase agreement dated 4 November 2024. The issuance was not registered under the Securities Act, relying on exemptions under Section 4(a)(2) and Rule 506 of Regulation D. The convertible note could result in dilution for existing shareholders if the investor converts. The capital injection may provide operational flexibility for the Webster, Texas-based robotics company, supporting growth initiatives or working capital needs. Nauticus Robotics trades on Nasdaq under the symbols KITT and KITTW for its shares and warrants respectively.
Nauticus Robotics has entered into a $4 million Exchange Agreement with an institutional investor, issuing 4,800 shares of Series C Preferred Stock in exchange for existing debt under a Term Loan Agreement. The transaction closed on 26 June 2026. The investor retains rights to conduct additional debt-for-equity exchanges throughout the agreement's term. The Series C Preferred Stock is convertible into common shares, which the company notes could result in dilution for existing shareholders. The securities were issued under Section 3(a)(9) of the Securities Act without registration, and no commissions were paid. Nauticus Robotics' common stock and warrants remain listed on Nasdaq under tickers KITT and KITTW respectively. The company states it is in compliance with regulatory requirements and has committed to disclosing all material information related to future exchanges.
Find jobs on Simplify and start your career today
Industries
Robotics & Automation
Enterprise Software
AI & Machine Learning
Defense
Company Size
11-50
Company Stage
IPO
Headquarters
Webster, Texas
Founded
2014
Find jobs on Simplify and start your career today