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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/12/2023 | $2.50 | Buy → Neutral | Chardan Capital Markets |
HOUSTON, Nov. 12, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ:KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended September 30, 2024. John Gibson, Nauticus CEO, stated, "We committed to producing commercial revenue in the third quarter of 2024 with our Aquanaut Mark 2. We achieved that objective. Our first commercial project not only exceeded customer expectations but also secured additional work for the fourth quarter. With the 2024 work season in the Gulf of Mexico ending, we are now fully focused o
HOUSTON, Oct. 30, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ:KITT) today announced the Company's schedule for releasing its third quarter financial and operating results for the period ended September 30, 2024. The Company plans to release its third quarter financial and operating results after market close on November 12, 2024. The Company plans to host an earnings conference call on November 13, 2024 at 10:00 am Central Standard Time. To participate in the earnings conference call, participants should dial toll free at 800-225-9448,
HOUSTON, Aug. 13, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ:KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended June 30, 2024. "I would like to thank our existing lenders for their continued support. Their steady conversion of warrants and convertible debentures improve our market cap and reduce our interest burden and our leverage," said John Gibson, Nauticus' CEO and President. "We successfully completed Phase I of a program for the largest offshore producer in Brazil. This phase has been billed a
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Chardan Capital Markets downgraded Nauticus Robotics from Buy to Neutral and set a new price target of $2.50
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 100 points on Friday. The Dow traded down 0.91% to 40,293.66 while the NASDAQ fell 0.70% to 17,746.27. The S&P 500 also fell, dropping, 0.61% to 5,510.84. Check This Out: Wall Street’s Most Accurate Analysts Weigh In On 3 Real Estate Stocks Delivering High-Dividend Yields Leading and Lagging SectorsHeath care shares jumped by 0.5% on Thursday. In trading on Thursday, information technology shares fell by 1%. Top Headline Netflix Inc. (NASDAQ:NFLX) posted better-than-expected earnings and sales results for its second quarter, after the closing bell on Thursday. The company ende
HOUSTON, Nov. 19, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ:KITT, ", Nauticus", )), a leading innovator in autonomous subsea robotics and software solutions, today announced a strategic collaboration with SeaTrepid International, LLC ("SeaTrepid") to integrate and test its ToolKITT software on a Remotely Operated Vehicle (ROV) in SeaTrepid's fleet. Under this collaboration, Nauticus will install a perpetual license of its ToolKITT software onto an ROV, with SeaTrepid providing access to its facilities and workforce to support pool testing during the certification pr
HOUSTON, Nov. 12, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ:KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended September 30, 2024. John Gibson, Nauticus CEO, stated, "We committed to producing commercial revenue in the third quarter of 2024 with our Aquanaut Mark 2. We achieved that objective. Our first commercial project not only exceeded customer expectations but also secured additional work for the fourth quarter. With the 2024 work season in the Gulf of Mexico ending, we are now fully focused o
HOUSTON, Nov. 5, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ:KITT), a leading innovator in autonomous subsea robotics and software, successfully completed its initial 2024 Gulf of Mexico (GOM) survey scope for Shell Exploration and Production Inc ("Shell"), a subsidiary of Shell plc (NYSE:SHEL), an international energy company based in the United Kingdom. The successful completion of this work combined with the submission of a final report completes the initial 2024 scope for the service contract awarded in 2023. The project covered inactive and active assets off the
HOUSTON, Aug. 21, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ:KITT), a leading innovator in subsea robotics and software, announces that John Symington was appointed as General Counsel of the company on August 14, 2024. Nick Bigney recently announced his departure and the two are working together through the transition period. Mr. Symington has over 20 years' experience in-house, including serving as General Counsel at Frank's International and Seadrill, complemented by 10 years in private practice. He has lived and worked in the US, the UK, Venezuela, and Brazil, and
HOUSTON, Jan. 10, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ:KITT) ("Nauticus" or the "Company"), a developer of subsea autonomous robotic systems and software, today announced that it secured an investment before the close of 2023 and eliminated many of the dilutive warrants and ratchet provisions of the original de-SPAC financing in the process. The new investment is the first tranche of financing led by existing investors. Nauticus anticipates executing a second tranche of investment, discussions for which are ongoing and aimed at providing funding for the year. The new investment shows continued support from existing stakeholders and is an integral component of several st
HOUSTON, April 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ:KITT), a developer of ocean robots using artificial intelligence for data collection and intervention services, today announced it will hold its Annual Meeting of Stockholders (the "Annual Meeting") on Wednesday, May 10, 2023 at 10:00 a.m. Central Time. The Annual Meeting will be held in a virtual format to provide a consistent experience to all of the Company's stockholders regardless of location at www.proxydocs.com/KITT. At the Annual Meeting, stockholders will be asked to consider and vote upon the following matters: The election of Class I director nominees of Nauticus, named in