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HOUSTON - Nauticus Robotics, Inc. (NASDAQ:KITT), a micro-cap robotics company currently valued at $18.58 million, has successfully tested its Aquanaut autonomous underwater vehicle at depths of 2,300 meters using Subnero communication modems, according to a company statement released Tuesday. The company’s stock, which has shown significant volatility this year, recently traded at $3.73. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value metrics.
The tests, conducted in the Gulf of Mexico, demonstrated continuous communication between a surface modem positioned two meters below sea level and a second modem installed on the Aquanaut vehicle as it descended to its test depth.
The achievement marks the deepest measured operation of a Subnero modem to date, validating the communication technology’s capabilities in ultra-deepwater environments. The 2,300-meter operational depth certified for Aquanaut is sufficient to cover approximately 90% of offshore oil and gas fields worldwide, the company noted.
"Aquanaut represents the future of subsea robotics, and Subnero’s modems are a critical enabler of our vision," said John Gibson, President and CEO of Nauticus Robotics.
Manu Ignatius, CEO of Subnero, added that the tests demonstrated the company’s underwater communication solutions work effectively from "shallow tropical waters to deep offshore fields."
Nauticus plans to continue testing the Aquanaut vehicle down to its designed operational depth of 3,000 meters. The company’s business model includes robotic services, vehicle and component sales, and software licensing for commercial and defense sectors.
The autonomous underwater vehicle is designed to reduce operational costs while collecting data to maintain subsea infrastructure. Nauticus states its services help customers gather necessary data and perform subsea manipulation while reducing operational footprint, costs, and greenhouse gas emissions.
The information in this article is based on a press release from Nauticus Robotics.
In other recent news, Nauticus Robotics reported its Q2 2025 earnings, showcasing revenue growth with a total of $2.1 million, which is a significant increase from the previous year. However, the company also reported a net loss of $7.4 million during the same period. In other developments, Nauticus Robotics announced a 1-for-9 reverse stock split, effective at the start of trading on the Nasdaq Capital Market, a move aimed at meeting the share bid price requirements. Additionally, the company’s Aquanaut Mark 2 underwater vehicle achieved a depth record of 2,300 meters during testing. Nauticus Robotics has also amended its bylaws to lower the quorum requirement for shareholder meetings to one-third of the voting power. Furthermore, the company filed a legal opinion related to a prior at-the-market offering, which was included in its latest SEC filing. These recent developments indicate ongoing strategic adjustments and technological advancements at Nauticus Robotics.
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