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HOUSTON - Nauticus Robotics, Inc. (NASDAQ:KITT) announced Monday that Jimena Begaries has been appointed as Interim Chief Financial Officer and principal accounting officer, effective July 25, 2025. The appointment comes at a crucial time for the company, which according to InvestingPro data, has seen its stock decline nearly 70% over the past year while analysts project revenue growth of 29% for fiscal year 2025.
Begaries succeeds Victoria Hay, who will continue providing services to the company through Flexible Consulting LLC to facilitate a smooth transition. Begaries has been working with Nauticus through Flexible Consulting since April 2025 and will maintain her employment with the consulting firm while serving in the interim CFO role.
Prior to joining Flexible Consulting, Begaries spent over 20 years at Weatherford International, where she held various finance positions including North America Offshore Operational Controller from December 2021 to April 2025 and Director of Consolidations and Internal Reporting from April 2019 to November 2021. Her international experience includes assignments in Argentina and Dubai.
Begaries holds a Bachelor of Science degree in Business and Economics from Lehigh University and an MBA from Pontificia Universidad Catolica Argentina.
"I am pleased to welcome Jimena to the executive team where she will bring her wealth of knowledge to the finance department," said John Gibson, President and CEO of Nauticus Robotics, in the press release statement.
Nauticus Robotics develops autonomous robots for ocean industries, focusing on subsea manipulation capabilities that help customers maintain assets while reducing operational costs and environmental impact. For comprehensive analysis of KITT and access to 18 additional ProTips, visit InvestingPro, where you’ll find detailed financial health metrics and expert insights in our exclusive Pro Research Report.
In other recent news, Nauticus Robotics reported its Q1 2025 earnings, revealing a net loss of $7.6 million, which marks an improvement compared to previous periods. Despite the loss, the company managed to reduce its debt by $3 million and secure $20 million from an aftermarket offering, although revenue declined to $200,000. Nauticus Robotics also announced the successful completion of projects for six different customers during Q2 2025, marking the start of its 2025 operating season. These projects involved the use of its remotely operated vehicles in the wind industry along the U.S. East Coast and the energy sector in the Gulf Coast region.
Additionally, Nauticus Robotics has entered into a strategic partnership with Open Ocean Robotics. This collaboration aims to advance subsea asset management for the energy sector by combining Nauticus’ autonomous underwater vehicle expertise with Open Ocean Robotics’ solar-powered uncrewed surface vehicles. The partnership is expected to reduce operational costs for subsea inspections and maintenance while providing environmental benefits through continuous, real-time monitoring and data collection.
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