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Nauticus Robotics has announced a partnership with Shell to enhance subsea integrity data acquisition using Nauticus' Aquanaut and Hydronaut robotic platforms. Following a successful feasibility study, the project moves into the operational qualification phase, focusing on remote operations and advanced tool integration. This collaboration is aimed at achieving over 50% cost savings in subsea operations. Nauticus aims to leverage its autonomous technologies to improve efficiency and safety in offshore operations.
Nauticus Robotics has entered a strategic partnership with Wood PLC to enhance the maintenance of subsea infrastructure, focusing on cost-efficient and environmentally friendly solutions. This collaboration, formalized via a Memorandum of Understanding, aims to leverage Wood's extensive domain knowledge and Nauticus' innovative robotics. The ocean economy is projected to be a $2.5 trillion market, and both companies seek to create greater value for clients. Nauticus intends to replace traditional larger human-operated vessels with its advanced fleet of autonomous robots, including Hydronaut and Aquanaut.
Nauticus Robotics Inc. announced the production of 20 Hydronaut - Aquanaut pairs to be delivered starting in Q4 2022, aimed at serving multiple offshore industries, including subsea maintenance and data collection.
The planned operations will focus on the Gulf of Mexico, Norway, the UK, and Brazil. The innovative Nauticus Fleet aims for over 90% reduction in greenhouse gas emissions and 50% lower operational costs, alongside enhanced safety by decreasing personnel offshore. This follows Nauticus's merger agreement with CleanTech Acquisition Corp. (CLAQ) announced on December 16, 2021.
Nauticus Robotics has appointed Donnelly Bohan as the new Chief Operating Officer, effective April 4, 2022. Bohan has over 25 years of experience in business growth management, including her recent role at Leidos. Chairman and CEO Nicolaus Radford expressed enthusiasm for Bohan's experience in the maritime industry as Nauticus plans to expand into public markets. The company aims to leverage its advanced technology to disrupt the ocean service sector. Nauticus and CleanTech Acquisition Corp. (CLAQ) entered a business combination agreement in December 2021.
Nauticus Robotics, a Houston-based developer of ocean robots, has received an Other Transaction Agreement from the U.S. Defense Innovation Unit to prototype its autonomous command software, ToolKITT, on the U.S. Navy’s VideoRay Mission Specialist Defender. This award underscores Nauticus' commitment to maritime robotics, aiming to reduce operational costs and carbon footprints. The company is also set to become public through a merger with CleanTech Acquisition Corp. (CLAQ), which was announced in December 2021.
IKM Subsea has chosen Nauticus Robotics' Olympic Arm, an all-electric work-class manipulator, for its subsea ROV system, enhancing reliability and dive time. This electric technology reduces maintenance needs and environmental impact while improving operational efficiency. Nauticus and IKM Subsea will also implement the Nauticus Software Suite for advanced automation. Equinor, a customer, anticipates potential cost-reduction benefits from this collaboration. The partnership follows the December 2021 agreement for Nauticus to merge with CleanTech Acquisition Corp (CLAQ), aiming to enhance services and technology in subsea operations.
Chardan announced its role as co-sponsor and sole bookrunner for CleanTech Acquisition Corp.'s $172.5 million IPO on NASDAQ (CLAQ). CleanTech aims to merge with a business focused on reducing carbon dependency and promoting sustainability. The company is led by CEO Eli Spiro, with Jon Najarian as Chairman and Bill Richardson as Vice-Chairman. Chardan emphasizes its commitment to ESG opportunities and has been involved in over 90 SPAC transactions, raising approximately $12 billion since 2003.
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