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HOUSTON - Nauticus Robotics, Inc. (NASDAQ:KITT), a micro-cap robotics company with a market capitalization of $13.3 million, has started testing operations of its Aquanaut robots at the Advanced Ocean Systems (AOS) lake facility in Stuart, Florida, the company announced Thursday. According to InvestingPro data, the company is currently trading near its 52-week low, though analysts anticipate sales growth in the current year.
The first Aquanaut robot has been moved to the facility and is undergoing final checks before beginning operations. A second Aquanaut, which was deployed offshore during the 2025 summer season, will join the testing program after completing post-offshore assessment at the company’s Louisiana facility. With revenue growth forecast at 28.77% for FY2025, these developments could be crucial for the company’s expansion plans.
The testing aims to validate several market applications including leak detection services, 3D digital twin solutions, survey and mapping capabilities, and fleet interoperability with third-party uncrewed surface vehicles.
"The collaboration afforded us by AOS is expected to be a gamechanger," said John Gibson, President and CEO of Nauticus Robotics. "This top-notch facility provides us with a cost-effective method for testing not only our products but their interaction with other vehicles as well."
Nauticus plans to assemble a third Aquanaut robot for additional testing, which will eventually allow the first two units to be dedicated to revenue-generating contracts in 2026.
The company’s autonomous subsea robots are designed to reduce operational costs in maintaining subsea infrastructure while collecting valuable data. Nauticus also develops its proprietary ToolKITT software to enable autonomous operations.
John Jacobson, CEO of AOS, noted that the testing program will "explore new ways of advancing the interoperability of multiple autonomous vehicles, with the Aquanaut system below the waterline and our line-up of USVs on the surface."
The testing program is scheduled to continue throughout the fall and winter months, according to the company’s press release statement. With the company’s next earnings report due on November 12, 2025, investors can access comprehensive analysis and additional insights through InvestingPro, which features over 20 exclusive ProTips and detailed financial metrics for KITT.
In other recent news, Nauticus Robotics has received a delisting notification from Nasdaq for not maintaining the required minimum market value of listed securities of $35 million. This notice, received on October 16, does not immediately affect the trading or listing of the company’s stock, as Nauticus plans to request a hearing to pause any suspension or delisting action. Additionally, the company received a deficiency letter from Nasdaq for falling below the market value requirement for 30 consecutive trading days, marking the second such notice this year. Nauticus had previously been granted an extension to regain compliance after a similar issue earlier this year.
In terms of operational advancements, Nauticus Robotics successfully completed deepwater tests of its Aquanaut autonomous underwater vehicle at depths of 2,300 meters, demonstrating effective communication capabilities. The company also announced a 1-for-9 reverse stock split to meet Nasdaq’s share bid price requirements, effective at the start of trading. Lastly, Nauticus filed a legal opinion related to a prior at-the-market offering, with no new financial statements or business developments disclosed in this filing.
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