Here are 1-3 brief analogies for Nauticus Robotics (KITT):

• Tesla for autonomous ocean robotics.
• Amazon Web Services (AWS) for subsea industrial operations.
• SpaceX for subsea missions.

• Aquanaut: A multi-purpose autonomous underwater robot capable of both autonomous vehicle (AUV) and remotely operated vehicle (ROV) functionalities for subsea tasks.
• Hydronaut: An autonomous surface vessel (ASV) that serves as a mobile command center and deployment platform for Aquanaut and other subsea assets.
• ToolKITT: An AI-driven software platform providing command, control, and data analysis capabilities for their robotic fleet and subsea operations.
• Subsea Inspection & Data Collection Services: Providing high-resolution data acquisition and visual inspection of underwater infrastructure and environments using their autonomous robots.
• Subsea Intervention & Maintenance Services: Performing complex manipulation tasks, repairs, and maintenance on subsea assets through precision robotic control.
• Defense & Security Services: Offering autonomous solutions for underwater surveillance, mine countermeasures, and other critical defense operations.

Nauticus Robotics (symbol: KITT) primarily sells its autonomous ocean robots and related services to other companies and government entities, operating on a business-to-business (B2B) model.

Based on publicly available information, major customers include:

• Transocean Ltd. (NYSE: RIG): Nauticus Robotics announced a multi-year contract with this leading global offshore drilling contractor for autonomous subsea inspection, maintenance, and repair services.
• U.S. Government (e.g., U.S. Navy, other defense agencies): Nauticus Robotics actively engages with and provides solutions to various U.S. government agencies for defense and national security applications.

While specific additional company names are not publicly disclosed as accounting for a significant portion of their revenue, Nauticus Robotics' broader customer base consists of companies in the offshore energy sector (including traditional oil & gas and renewable energy) and other marine service providers globally.

John W. Gibson Jr., President and Chief Executive Officer

John W. Gibson Jr. was appointed President and CEO of Nauticus Robotics in April 2023. He brings decades of leadership experience from the oil and gas and energy industry, including previous roles at Gulf, Chevron, Halliburton, and Parker Drilling Company. From 2020 to 2023, Gibson served as the Chairman and CEO of Flotek Industries, Inc., an oil and gas technology and data company. He earned a Bachelor's degree in Geology & Earth Science from Auburn University and a Master's degree from the University of Houston.

Jimena Begaries, Interim Chief Financial Officer

Jimena Begaries was appointed Interim Chief Financial Officer and principal accounting officer of Nauticus Robotics, effective July 25, 2025. She has been providing services to Nauticus through Flexible Consulting LLC since April 2025. Prior to this, Begaries held various finance roles at Weatherford International from 2004 to April 2025, including North America Offshore Operational Controller and Director of Consolidations and Internal Reporting. Her experience includes international assignments in Argentina and Dubai. Begaries holds a Bachelor of Science degree in Business and Economics from Lehigh University and an MBA from Pontificia Universidad Catolica Argentina.

Nicolaus Adam Radford, Co-Founder

Nicolaus Adam Radford co-founded Nauticus Robotics in 2021, initially serving as President and CEO. He was instrumental in raising over $250 million in funding and guided the company through a SPAC merger and subsequent Nasdaq listing (KITT). Radford also co-founded Persona AI Inc., a humanoid company, and Jacobi Motors, a company spun out of HMI to commercialize his variable flux motor research. He spent 14 years at NASA, where he was Chief Engineer for the humanoid space robot Robonaut 2, and is a recipient of NASA's Outstanding Leadership Medal. Radford holds a BSEE and MSEE in Electrical and Computer Engineering from Purdue University.

Dr. John D. Yamokoski, Chief Technology Officer

As CTO since January 2022, Dr. John D. Yamokoski shapes Nauticus Robotics' technical vision, overseeing R&D for autonomy software, sensor fusion, and AI systems for ocean robotics. He spearheaded the development of a real-time, cloud-native control architecture. Dr. Yamokoski earned his Ph.D. in Robotics from the University of Florida and has over two decades of experience in the field, including key technical leadership at NASA's Robonaut2 and Valkyrie programs.

John Symington, General Counsel

Since August 2024, John Symington has led Nauticus Robotics' legal, governance, and compliance functions. He has negotiated key strategic deals and expanded the company's intellectual property portfolio by 60%. Symington holds a J.D. from the University of Texas School of Law and a BA from Duke University, bringing over 20 years of in-house legal counsel experience, including with Frank's International and Seadrill.

One clear emerging threat for Nauticus Robotics is the rapid expansion and technological advancements of companies like Ocean Infinity. Ocean Infinity is aggressively building and deploying a large fleet of autonomous, uncrewed robotic vessels (known as the "Armada" project) designed for large-scale data acquisition, subsea inspection, survey, and intervention. This directly competes with Nauticus Robotics' core business model of providing autonomous ocean robotics and services. Ocean Infinity's significant investment in and deployment of these sophisticated uncrewed fleets represent a direct, scaled challenge to Nauticus' market positioning and growth strategy in the autonomous subsea services sector, similar to how a new, scaled-up, and technologically advanced competitor can disrupt an established or emerging player in a specific niche.

The addressable markets for Nauticus Robotics' main products and services are substantial and globally expansive.

Autonomous Underwater Vehicles (AUVs)

The global Autonomous Underwater Vehicle (AUV) market was valued at approximately USD 2.2 billion in 2024 and is projected to reach USD 11.6 billion by 2033, demonstrating a compound annual growth rate (CAGR) of 19.57% during the forecast period from 2025 to 2033. This market growth is driven by increasing defense spending, capital investments in offshore oil and gas, and the expanding use of AUVs.

Offshore and Underwater Robotics

Nauticus Robotics also operates within the broader offshore and underwater robotics markets, which include both AUVs and Remotely Operated Vehicles (ROVs). The global offshore robotics market is projected to grow from USD 4.2 billion in 2025 to USD 7.6 billion by 2035, with a CAGR of 6.1%. The global underwater robotics market, encompassing both ROVs and AUVs, was valued at USD 4.7 billion in 2024 and is expected to reach USD 11.9 billion by 2033, exhibiting a CAGR of 10.26% from 2025 to 2033. North America leads this market due to significant investments across sectors like oil and gas, defense, aquaculture, and marine biology.

Ocean Data Collection and Marine Big Data

Nauticus Robotics' solutions contribute to ocean data collection and marine big data. The global ocean data collector market is estimated at USD 1.5 billion in 2024 and is projected to reach USD 2.5 billion by 2029, growing at a CAGR of approximately 10%. Separately, the global marine big data market size was USD 0.99 billion in 2024 and is projected to reach USD 2.83 billion by 2033, exhibiting a CAGR of 12.2% during the forecast period from 2025 to 2033.

1. Strategic Acquisitions and Expanded Service Capacity: The acquisition of SeaTrepid has significantly expanded Nauticus Robotics' service capacity, broadened its customer reach, and positively impacted its backlog, contributing meaningfully to revenue growth. The company anticipates continued full utilization of the SeaTrepid fleet.
2. Expansion of Customer Base and Market Diversification: Nauticus Robotics has grown its customer base to nine clients across diverse sectors including oil & gas, offshore wind, and environmental markets, which helps reduce customer concentration and improve revenue predictability. The company is actively pursuing multi-month contracts with major oil companies and exploring new opportunities in the defense sector.
3. Scaling Autonomy Products and Software Licensing: A strategic focus is on scaling autonomy products, such as the Aquanaut vehicles, and converting ongoing interest into long-term contracts. Additionally, the ToolKITT software and electric manipulators are positioned as higher-margin revenue drivers, with trials underway and broader commercialization, including potential licensing and royalty models, targeted for 2026.
4. Growth in the Offshore Wind Market: Nauticus Robotics is strategically positioned within the offshore wind power sector, a market projected for substantial growth. The company is already performing offshore windfarm inspections and expects to benefit from the expanding demand in this area.

Share Issuance

• Nauticus Robotics became a publicly listed company in September 2022 through a SPAC merger with CleanTech Acquisition Corp., which resulted in a pro forma equity valuation of approximately $561 million.
• The company raised $19.4 million by issuing 7.5 million shares through at-the-market (ATM) offerings in the first quarter of 2025. Additionally, between June 30, 2025, and October 24, 2025, it sold 1,895,204 shares (post-reverse split basis) for gross proceeds of $7.02 million under ATM programs.
• In October 2025, Nauticus converted $3.7 million of existing debt into common equity to deleverage its balance sheet. Separately, Transocean International Limited converted debt into equity, acquiring 2,144,295 shares of common stock at $1.76 per share on October 28, 2025.

Inbound Investments

• Nauticus Robotics completed its business combination with CleanTech Acquisition Corp. in September 2022, effectively going public with the SPAC deal valuing Nauticus at $560 million.
• The company secured a $250 million equity facility in October 2025, intended to fund its strategic initiative to enter the deep-sea rare earth mineral exploration market.
• Institutional investors purchased a total of 501,160 shares of Nauticus Robotics stock, representing approximately $4.40 million in transactions, over the last 24 months.

Outbound Investments

• Nauticus Robotics completed a strategic acquisition of SeaTrepid International for $14.4 million in the first quarter of 2025, aiming to enhance operational capabilities and accelerate the deployment of its ToolKITT autonomy software.

Capital Expenditures

• Capital expenditures were $47,239 for the second quarter of 2025 and $351,942 for the second quarter of 2024.
• The primary focus of capital expenditures includes the development and certification of a new generation of autonomous vehicles, such as Aquanaut and Hydronaut, designed to reduce operational costs and collect data for subsea infrastructure.
• In the second quarter of 2025, Aquanaut® Vehicle 2 completed all operational readiness requirements, becoming ready for deployment.