Nauticus Robotics, Inc. (KITT)

NASDAQ: KITT · IEX Real-Time Price · USD
0.191
-0.009 (-4.50%)
At close: Apr 24, 2024, 4:00 PM
0.200
+0.009 (4.71%)
Pre-market: Apr 25, 2024, 8:05 AM EDT
-4.50%
Market Cap 11.86M
Revenue (ttm) 6.61M
Net Income (ttm) -50.69M
Shares Out 62.09M
EPS (ttm) -1.24
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 293,077
Open 0.196
Previous Close 0.200
Day's Range 0.183 - 0.205
52-Week Range 0.178 - 2.550
Beta 0.04
Analysts Buy
Price Target 3.63 (+1,800.52%)
Earnings Date Apr 9, 2024

About KITT

Nauticus Robotics, Inc. develops ocean robots, cloud software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; Olympic Arm, an all-electric manipulator designed for a variety of intervention tasks on work class remotely operated vehicles; and ToolKITT, a software platform, which consists of interrelated products for ocean sensing, manipulation, autonomous behaviors, survey, search and reco... [Read more]

Sector Industrials
Founded 2014
Employees 72
Stock Exchange NASDAQ
Ticker Symbol KITT
Full Company Profile

Financial Performance

In 2023, KITT's revenue was $6.61 million, a decrease of -42.23% compared to the previous year's $11.43 million. Losses were -$50.69 million, 79.4% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for KITT stock is "Buy." The 12-month stock price forecast is $3.63, which is an increase of 1,800.52% from the latest price.

Price Target
$3.63
(1,800.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Nauticus Robotics Tests Aquanaut Mk2 Vehicle, Announces 2023 Results

HOUSTON , April 9, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced preliminary testing results for its Aquanaut Mk2 vehicle and financial resu...

15 days ago - PRNewsWire

Nauticus Robotics Announces Timing of Release of 2023 Earnings and Investor Conference Call

HOUSTON , April 4, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its fourth quarter and year end financ...

21 days ago - PRNewsWire

Nauticus Robotics Raises $12M in Funding to Execute 2024 Goals, including Industry-changing 'Augmented Autonomy' for Subsea Robots

HOUSTON , Feb. 5, 2024 /PRNewswire/ -- Nauticus Robotics (NASDAQ: KITT), a leading developer of subsea robots and software, announces securing over $12M net today, part of a second tranche of investme...

2 months ago - PRNewsWire

Nauticus Robotics Secures Additional Funding, Appoints New Executive Management, Improves Operations and Cost Structures, and Engages Strategic Advisor

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 sec...

3 months ago - PRNewsWire

Top 5 Industrials Stocks Which Could Rescue Your Portfolio This Quarter - GrafTech International (NYSE:EAF), China Yuchai Intl (NYSE:CYD)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: CYDEAFSFWLVLD
4 months ago - Benzinga

Top 4 Industrials Stocks That May Explode This Month - Nauticus Robotics (NASDAQ:KITT), Fathom Digital Mfg (NYSE:FATH)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: FATHNXUPOLA
5 months ago - Benzinga

KITT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Nauticus Robotics, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Nauticus Robotics, Inc. (NASDAQ: KITT) and 3D at Depth, Inc. is fair to Nauticus shareh...

7 months ago - Business Wire

Nauticus Robotics to Acquire 3D at Depth in All-Stock Transaction

Acquisition Strengthens Nauticus' Position in the Digital Evolution of Subsea Services Acquisition Strengthens Nauticus' Position in the Digital Evolution of Subsea Services

7 months ago - GlobeNewsWire

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

7 months 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...

8 months 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...

8 months 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...

8 months 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...

8 months 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 ...

8 months 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 ...

9 months 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 ...

9 months 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 ...

9 months 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

10 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-

10 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...

11 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

11 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...

11 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...

1 year 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

1 year 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...

1 year ago - GlobeNewsWire