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HOUSTON/STUART - Nauticus Robotics, Inc. (NASDAQ:KITT), a micro-cap robotics company currently valued at $36.74 million, has entered into a Master Services Agreement with Advanced Ocean Systems, Inc. (AOS) to collaborate on integrating subsea robotics and autonomous systems for offshore operations, according to a press release issued Tuesday. According to InvestingPro data, analysts expect the company to see revenue growth of nearly 29% this year, despite recent operational challenges.
The multi-year agreement aims to combine the engineering expertise and technical capabilities of both companies to address maritime autonomy opportunities in offshore industries.
Initial plans include using AOS’s test lake facility in Stuart, Florida, to conduct trials with Nauticus’ Aquanaut® autonomous underwater vehicle (AUV). The companies intend to explore integrating the AUV with unmanned surface vessels to improve efficiency in subsea operations.
"We are excited to announce this new alliance and look forward to working with AOS and its affiliates to advance the ongoing trial, adoption, and integration of scalable autonomous and remote solutions," said John Gibson, President and CEO of Nauticus Robotics. Trading at $0.96, the stock has shown significant volatility, with InvestingPro’s Fair Value analysis suggesting the shares may be undervalued at current levels.
John Jacobson, CEO of Advanced Ocean Systems, stated, "This combined expertise will enable us to translate a shared vision of technology-inspired remote operations into new cleaner, leaner, and ultimately safer ways of working in unpredictable offshore environments."
Nauticus Robotics develops autonomous robots for ocean industries, offering services and selling vehicles and components. The company focuses on reducing operational costs and gathering data for subsea infrastructure maintenance.
AOS provides integrated systems solutions to the ocean industry, including autonomous surface vessels, unmanned surface vessels, and advanced deck systems through its facilities in Houston, Stuart, and Houma.
The financial terms of the agreement were not disclosed in the press release.
In other recent news, Nauticus Robotics reported its Q1 2025 earnings, showing a net loss of $7.6 million, which is an improvement compared to previous periods. Despite a revenue decline to $200,000, the company managed to reduce its debt by $3 million and raised $20 million through an aftermarket offering. In Q2 2025, Nauticus successfully completed projects for six different clients, marking its first quarter of the 2025 operating season. These projects involved remotely operated vehicles supporting wind industry projects along the U.S. East Coast and energy sector operations in the Gulf Coast region.
Additionally, Nauticus Robotics has entered into a strategic partnership with Open Ocean Robotics to enhance subsea asset management in the energy sector. This collaboration combines Nauticus’ autonomous underwater vehicles with Open Ocean Robotics’ solar-powered uncrewed surface vehicles, aiming to cut operational costs and provide environmental benefits. The integrated solution will facilitate continuous, real-time monitoring and data collection, minimizing the need for crewed vessels. Furthermore, Nauticus Robotics appointed Jimena Begaries as the interim Chief Financial Officer, effective July 25, 2025, succeeding Victoria Hay. Begaries will continue her role with Flexible Consulting LLC while serving as interim CFO.
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