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Nauticus Robotics Reports Strong Start to 2025

Nauticus Robotics reported strong operational and financial performance for Q1 2025, underscored by its March 20, 2025 completion of the purchase of SeaTrepid International LLC in Houston, boosting the company’s subsea robotics capabilities.
Nauticus’s acquisition of SeaTrepid was intended to strengthen its operational performance by deploying its AI-enabled autonomy platform, ToolKITT, within SeaTrepid’s current fleet of remotely operated vehicles.
Nauticus commenced its 2025 Gulf Coast offshore operations with notable developments, including the initiation of multiple ROV contracts and the advanced readiness testing of two Aquanaut autonomous vehicles.
In the first quarter of 2025, Nauticus generated $0.2 million in revenue, recorded an adjusted net loss of $6.6 million, held $10.1 million in cash, and raised $19.4 million through At The Market equity offerings.
The company is set for expansion, driven by strong market demand and innovative offerings, with the combined entity expected to surpass Nauticus's total revenue for 2024 midway through 2025, despite ongoing risks outlined in its SEC filings.

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