U.S. stocks edge higher; solid earnings season continues
HOUSTON - Nauticus Robotics, Inc. (NASDAQ:KITT), a micro-cap robotics company currently valued at $33.79 million, announced Monday it has completed projects for six different customers during the second quarter of 2025, representing its first quarter of the 2025 operating season. According to InvestingPro analysis, the stock appears slightly undervalued at its current price of $0.91.
The autonomous subsea robotics company reported that its remotely operated vehicles (ROVs) supported projects in the wind industry along the U.S. East Coast and energy sector operations in the Gulf Coast region. While expanding its operations, InvestingPro data indicates the company is quickly burning through cash, a factor investors should monitor closely.
According to the company, the third quarter will mark the beginning of revenue generation from its AquanautⓇ underwater vehicle for 2025. The company expects the AquanautⓇ to execute projects at ultra-deepwater depths of up to 2,200 meters by the end of summer, which would be the first revenue for the vehicle at these depths. Analysts tracked by InvestingPro forecast revenue growth of 28.77% for fiscal year 2025, with the company expected to achieve profitability this year.
"We are on track to achieve record-breaking revenue and technological milestones in 2025," said John Gibson, CEO and President of Nauticus Robotics, in a press release statement. "The year-over-year reduction in customer concentration demonstrates strong growth in market adoption and diversification." Investors can track the company’s progress when it reports its next earnings on August 13, 2025. Get comprehensive analysis and additional insights with the Pro Research Report, available exclusively on InvestingPro.
Nauticus indicated it is continuing to fill its 2025 pipeline with current and new customers across multiple offshore industries. The company noted that discussions with customers confirm market acceptance of its combined offering of an ROV and the AquanautⓇ vehicle.
Nauticus Robotics develops autonomous robots for ocean industries, with a business model that includes robotic services, vehicle and component sales, and software licensing for both commercial and defense sectors.
The information in this article is based on a company press release.
In other recent news, Nauticus Robotics released its Q1 2025 earnings, reporting a net loss of $7.6 million, which marks a significant improvement from previous periods. Despite a revenue decline to $200,000, the company successfully reduced its debt by $3 million and raised $20 million through an aftermarket offering. Nauticus Robotics also announced a strategic partnership with Open Ocean Robotics to innovate in subsea asset management, leveraging their expertise in autonomous underwater vehicles and solar-powered uncrewed surface vehicles. This collaboration is expected to reduce operational costs and offer environmental benefits by enabling continuous, real-time monitoring and data collection. Additionally, Nauticus Robotics acquired SeaTrepid, aiming to strengthen its market position and expand its capabilities. Looking forward, the company projects a revenue of $16 million for 2025, with a focus on asset utilization and software sales. Analysts from Water Tower Research have shown interest in the company’s future prospects, particularly in its autonomous solutions and potential partnerships.
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