Nauticus Robotics, Inc. (KITT)

NASDAQ: KITT · IEX Real-Time Price · USD
1.91
0.00 (0.00%)
At close: Sep 25, 2023, 4:00 PM
1.84
-0.07 (-3.66%)
Pre-market: Sep 26, 2023, 8:48 AM EDT
Market Cap 95.16M
Revenue (ttm) 10.16M
Net Income (ttm) -14.86M
Shares Out 49.82M
EPS (ttm) -0.63
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,577
Open 1.90
Previous Close 1.91
Day's Range 1.89 - 1.95
52-Week Range 1.68 - 7.16
Beta 0.69
Analysts Strong Buy
Price Target 5.75 (+201.05%)
Earnings Date Nov 13, 2023

About KITT

Nauticus Robotics, Inc. develops and provides ocean robots, software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle (AUV) with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; and Argonaut, a derivative product of the Aquanaut that is used for non-industrial and government applications. It also provides Olympic Arm, a subsea tool; ToolKITT, a cloud software platform, which consists of interrelated products for ocean sensing, manipulation, a... [Read more]

Sector Industrials
Founded 2014
Employees 93
Stock Exchange NASDAQ
Ticker Symbol KITT
Full Company Profile

Financial Performance

In 2022, KITT's revenue was $11.43 million, an increase of 33.10% compared to the previous year's $8.59 million. Losses were -$28.26 million, 86.8% more than in 2021.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for KITT stock is "Strong Buy." The 12-month stock price forecast is $5.75, which is an increase of 201.05% from the latest price.

Price Target
$5.75
(201.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nauticus Robotics Announces Term Loan Financing of up to $20 Million

Financing From Existing Investors Bolsters Commissioning and Commercialization of Nauticus' Fleet Financing From Existing Investors Bolsters Commissioning and Commercialization of Nauticus' Fleet

5 days ago - GlobeNewsWire

Nauticus Robotics Announces Offshore Service Agreement with Shell

HOUSTON, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots and artificial intelligence for autonomous services to the...

12 days ago - GlobeNewsWire

Nauticus Robotics and MMA Offshore Sign Memorandum Of Understanding to Deploy Aquanauts Into Asia-Pacific

Autonomous Ocean Robotics Leader Further Expands Global Presence Following Recent Entry into European Markets Autonomous Ocean Robotics Leader Further Expands Global Presence Following Recent Entry in...

15 days ago - GlobeNewsWire

Nauticus Robotics to Provide AUV/UID Leak Detection Technology Testing for Equinor

Nauticus and Partner Stinger Technology Contracted for Pilot Project, Qualifying for Potential Future Direct Contracts and Expanding Nauticus' Presence in North Sea Region Nauticus and Partner Stinger...

4 weeks ago - GlobeNewsWire

KITT ALERT: Levi & Korsinsky, LLP Announces an Investigation of Nauticus Robotics

NEW YORK , Aug. 25, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Nauticus Robotics, Inc. ("KITT" or the "Company...

4 weeks ago - PRNewsWire

Nauticus Robotics and Leidos Execute Additional $2.1M Contract Extension

HOUSTON, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and ...

5 weeks ago - GlobeNewsWire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of Nauticus Robotics, Inc. and Encourages Long-Term KITT / CLAQ Investors to Contact the Firm

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Nauticus Robotics, Inc. (NASDAQ: KITT) (“Nauticus Robotics”) on behalf of the company's long-term investors. Nauticus ...

5 weeks ago - Business Wire

Nauticus Robotics Reports Second Quarter 2023 Results and Provides Business Update

HOUSTON, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and ...

6 weeks ago - GlobeNewsWire

Nauticus Robotics to Exhibit at the 50th SPE Offshore Europe Conference

HOUSTON, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and ...

7 weeks ago - GlobeNewsWire

Nauticus Robotics Announces Inclusion in Russell Microcap® Index

Nauticus' Addition to the Index Enhances Market Visibility and Exposure Nauticus' Addition to the Index Enhances Market Visibility and Exposure

3 months ago - GlobeNewsWire

Nauticus is Contracted by Petrobras to Develop and Test the AUV Aquanaut in Brazil

-Contract Leads to Potential Market worth over $100 Million Per Year- -Expands Nauticus' International Presence to South America-

3 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Nauticus Robotics, Inc. and Encourages Long-Term KITT / CLAQ Shareholders to Contact the Firm

PHILADELPHIA , June 15, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Nauticus Robotics, Inc. (NASDAQ: KITT) ("Nauticus Robotics") on behalf of the company's long-term shareh...

3 months ago - PRNewsWire

Nauticus Robotics to Exhibit and Speak at 7th Annual Energy Drone & Robotics Summit

Nicolaus Radford to Lead Breakout Forum on the Development of Intelligent Ocean Robotics Solutions Nicolaus Radford to Lead Breakout Forum on the Development of Intelligent Ocean Robotics Solutions

4 months ago - GlobeNewsWire

Nauticus Robotics to Join Russell Microcap® Index

Nauticus to join index widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies Nauticus to join index widely used by investmen...

4 months ago - GlobeNewsWire

Nauticus Robotics Reports First Quarter 2023 Results and Provides Business Update

HOUSTON, May 15, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and i...

4 months ago - GlobeNewsWire

Nauticus Robotics and Leidos Execute $2.7M Contract Extension

Funding Advances Development of State-of-the-Art Aquanaut-Derived Subsea Platform Funding Advances Development of State-of-the-Art Aquanaut-Derived Subsea Platform

4 months ago - GlobeNewsWire

Nauticus Robotics CEO to Deliver Keynote at Robotics Summit & Expo 2023

Nicolaus Radford to Discuss the Advancement of Artificial Intelligence-Powered Robotics for our Oceans Nicolaus Radford to Discuss the Advancement of Artificial Intelligence-Powered Robotics for our O...

5 months ago - GlobeNewsWire

Nauticus Robotics Sets First Quarter 2023 Earnings Conference Call for Monday, May 15 at 4:30 p.m. Eastern Time

HOUSTON, May 02, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and i...

5 months ago - GlobeNewsWire

Nauticus Robotics Successfully Completes Live Testing of its AI-Enhanced Mine Countermeasure Vehicle to Advance Second Defense Innovation Unit Project

Successful Test Advanced Nauticus in the Defense Innovation Unit's Autonomous EOD Maritime Response Vehicle Program Successful Test Advanced Nauticus in the Defense Innovation Unit's Autonomous EOD Ma...

5 months ago - GlobeNewsWire

Nauticus Robotics to Exhibit at 2023 Offshore Technology Conference

HOUSTON, April 26, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and...

5 months ago - GlobeNewsWire

Nauticus Successfully Passes First Phase of Defense Innovation Unit Amphibious Autonomous Response Vehicle Program

Significant Milestone Towards a Real-World Autonomous Mine Countermeasure Solution for the U.S. Marine Corps Significant Milestone Towards a Real-World Autonomous Mine Countermeasure Solution for the ...

5 months ago - GlobeNewsWire

Nauticus Robotics Announces Splashdown of Next Generation Aquanauts

State-of-the-Art Autonomous Robots to be Deployed to Global Offshore Industry Customer Base Following Commissioning State-of-the-Art Autonomous Robots to be Deployed to Global Offshore Industry Custom...

5 months ago - GlobeNewsWire

Nauticus Robotics To Hold 2023 Annual Meeting of Stockholders on Wednesday, May 10, 2023

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 inte...

5 months ago - GlobeNewsWire

Nauticus Robotics Reports Fourth Quarter and Full Year 2022 Results

HOUSTON, March 28, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and...

6 months ago - GlobeNewsWire

Nauticus Robotics Announces Participation in the 35th Annual ROTH Conference

HOUSTON, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced i...

7 months ago - GlobeNewsWire