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Nauticus Robotics Announces an Excellent Start to the 2025 Offshore Season

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Nauticus Robotics (NASDAQ: KITT), a pioneer in autonomous subsea robotics, reported strong progress in Q2 2025, completing projects for six different customers across wind and energy sectors. The company's ROV operations expanded along the U.S. East Coast and Gulf Coast, demonstrating increased market diversification.

The company expects to achieve record-breaking revenue in 2025, with the third quarter marking the initiation of Aquanaut® revenue. The autonomous underwater vehicle is anticipated to execute projects at ultra deepwater depths of up to 2,200 meters by summer's end, representing its first revenue generation at these depths.

Nauticus Robotics (NASDAQ: KITT), pioniere nella robotica subacquea autonoma, ha riportato significativi progressi nel secondo trimestre 2025, completando progetti per sei diversi clienti nei settori eolico ed energetico. Le operazioni con ROV si sono espanse lungo la costa orientale e del Golfo degli Stati Uniti, evidenziando una maggiore diversificazione del mercato.

L'azienda prevede di raggiungere un fatturato record nel 2025, con il terzo trimestre che segnerà l'inizio dei ricavi derivanti da Aquanaut®. Il veicolo subacqueo autonomo è destinato a operare in progetti a profondità ultra profonde fino a 2.200 metri entro la fine dell'estate, rappresentando la prima generazione di ricavi a tali profondità.

Nauticus Robotics (NASDAQ: KITT), pionero en robótica submarina autónoma, reportó un sólido avance en el segundo trimestre de 2025, completando proyectos para seis clientes diferentes en los sectores de energía eólica y energética. Las operaciones con ROV de la compañía se expandieron a lo largo de la costa este y la costa del Golfo de Estados Unidos, demostrando una mayor diversificación del mercado.

La empresa espera alcanzar ingresos récord en 2025, con el tercer trimestre marcando el inicio de los ingresos de Aquanaut®. Se anticipa que el vehículo submarino autónomo ejecutará proyectos a profundidades ultra profundas de hasta 2.200 metros para finales del verano, representando su primera generación de ingresos a estas profundidades.

Nauticus Robotics (NASDAQ: KITT)는 자율 수중 로봇 분야의 선구자로서 2025년 2분기에 강력한 성과를 보고했으며, 풍력 및 에너지 부문에서 6개의 서로 다른 고객을 위한 프로젝트를 완료했습니다. 회사의 ROV 운영은 미국 동해안과 걸프 해안 전역으로 확장되어 시장 다각화가 증가했음을 보여주었습니다.

회사는 2025년에 사상 최대 매출을 달성할 것으로 예상하며, 3분기에는 Aquanaut® 매출이 시작될 예정입니다. 이 자율 수중 차량은 여름 말까지 최대 2,200미터의 초심해 깊이에서 프로젝트를 수행할 것으로 예상되며, 이 깊이에서 최초로 매출을 창출하게 됩니다.

Nauticus Robotics (NASDAQ : KITT), pionnier de la robotique sous-marine autonome, a annoncé de solides progrès au deuxième trimestre 2025, achevant des projets pour six clients différents dans les secteurs de l’éolien et de l’énergie. Les opérations de ROV de la société se sont étendues le long de la côte est des États-Unis et du golfe, démontrant une diversification accrue du marché.

L’entreprise prévoit d’atteindre un chiffre d’affaires record en 2025, le troisième trimestre marquant le début des revenus générés par Aquanaut®. Le véhicule sous-marin autonome devrait réaliser des projets à des profondeurs ultra profondes allant jusqu’à 2 200 mètres d’ici la fin de l’été, représentant sa première génération de revenus à ces profondeurs.

Nauticus Robotics (NASDAQ: KITT), ein Vorreiter in autonomer Unterwasserrobotik, meldete im zweiten Quartal 2025 starke Fortschritte und schloss Projekte für sechs verschiedene Kunden aus den Wind- und Energiesektoren ab. Die ROV-Aktivitäten des Unternehmens wurden an der US-Ostküste und im Golfküstengebiet ausgeweitet, was eine zunehmende Marktdifferenzierung zeigt.

Das Unternehmen erwartet für 2025 einen rekordverdächtigen Umsatz, wobei das dritte Quartal den Beginn der Umsätze mit Aquanaut® markiert. Das autonome Unterwasserfahrzeug soll bis zum Sommerende Projekte in ultratiefen Gewässern bis zu 2.200 Metern durchführen, was die erste Umsatzgenerierung in dieser Tiefe darstellt.

Positive
  • Diversification of customer base with projects for six different clients
  • Expected record-breaking revenue for 2025
  • Planned deployment of Aquanaut vehicle at ultra deepwater depths up to 2,200m
  • Successful market adoption across wind and energy sectors
  • Reduced customer concentration year-over-year indicating broader market acceptance
Negative
  • Limited exposure of Aquanaut vehicle to customer base
  • Revenue from Aquanaut not yet initiated as of Q2 2025

Insights

Nauticus making operational progress with traditional ROVs while preparing for Aquanaut autonomous vehicle revenue in Q3 2025.

Nauticus Robotics is executing a shrewd two-pronged strategy in the subsea robotics market. They're generating immediate revenue through traditional ROV operations while simultaneously advancing their autonomous Aquanaut® platform - a textbook bridge strategy between current and future technologies.

The company has successfully completed projects for six different customers in Q2, spanning both the renewable energy sector (wind industry along the U.S. East Coast) and traditional energy markets (U.S. Gulf Coast). This customer diversification is particularly significant as it indicates cross-sector market acceptance of their technology stack.

The most technically significant announcement is the planned deployment of the Aquanaut® vehicle at ultra deepwater depths up to 2,200 meters by summer's end. This represents a substantial technical achievement in autonomous underwater operations. Operating autonomously at such depths presents exponentially greater challenges than shallow-water operations due to extreme pressure, communication limitations, and intervention complexities.

The company's approach of retrofitting existing ROV platforms while developing next-generation autonomous vehicles demonstrates an understanding of market adoption dynamics for disruptive technologies. This creates immediate revenue streams while building infrastructure and customer relationships for their more advanced autonomous solutions.

The press release lacks specific technical performance metrics or operational cost comparisons between traditional ROVs and the Aquanaut® system, which would provide more concrete evidence of the value proposition. However, the increasing customer interest suggests the technology is demonstrating practical advantages in real-world conditions.

Nauticus signals revenue growth with customer diversification and upcoming Aquanaut revenue, though specific financial metrics remain undisclosed.

Nauticus Robotics' operational update presents several positive financial indicators, most notably the reduced customer concentration which signals broader market adoption and less revenue vulnerability to single client fluctuations. This diversification across six different customers spanning multiple industries (wind and traditional energy) provides a more stable revenue foundation.

The announcement of Aquanaut® revenue initiation in Q3 2025 represents a crucial milestone - the transition from R&D investment to commercialization for their flagship autonomous underwater vehicle. This progression from traditional ROV service revenue to innovative autonomous vehicle revenue aligns with their long-term business model of higher-margin operations.

While the CEO projects "record-breaking revenue" for 2025, the release lacks specific financial metrics or comparisons to previous periods, making it difficult to quantify the actual revenue trajectory. No information is provided on margins, operational costs, or how the Aquanaut® deployment will impact profitability.

The company's business model encompasses multiple revenue streams: service operations, vehicle/component sales, and software licensing. The announcement suggests they're successfully executing on the service component while preparing to scale the product sales segment with Aquanaut®.

For investors, the key value proposition remains the potential cost efficiencies of autonomous underwater operations versus traditional ROV services, which typically require surface vessels and larger crews. The ultra-deepwater capabilities (2,200 meters) open access to high-value subsea maintenance markets in offshore energy, though actual contract values remain undisclosed.

HOUSTON, July 7, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software solutions, today announced completion of its first quarter of the 2025 operating season. Nauticus is pleased to reaffirm its vision of combining with SeaTrepid to form a company capable of executing traditional remotely operated vehicle (ROV) work while simultaneously moving the industry into autonomy.

Nauticus ROVs completed projects for six different customers during the second quarter. These new engagements included support for the wind industry along the U.S. East Coast and for the energy sector along the U.S. Gulf Coast. Looking ahead, the third quarter will mark the initiation of Aquanaut® revenue for 2025, reflecting the company's continued progress in deploying its flagship underwater vehicle.

John Gibson, CEO and President of Nauticus Robotics, commented, "We are on track to achieve record-breaking revenue and technological milestones in 2025. The year-over-year reduction in customer concentration demonstrates strong growth in market adoption and diversification. Our team continues to transform the industry with their innovation and dedication."

Nauticus is filling the remainder of the 2025 pipeline with current and new customers in multiple offshore industries. Continuing discussions confirm market acceptance of the combined offering of an ROV and the Aquanaut® vehicle. Only a fraction of the customer base has already seen the Aquanaut® vehicle in action, but all of them are eager for Nauticus to get into their fields to witness what it can do.

The second half of 2025 is expected to increase excitement and exposure to all that Nauticus has to offer. Customers are on board and discussions are promising. The Aquanaut® vehicle is anticipated to execute projects at ultra deepwater depths of up to 2,200 meters by the end of the summer. This will be the first revenue for the Aquanaut® vehicle at these depths.

Nauticus is well on its way to transitioning oceanic execution models across multiple industries. 2025 continues to be a banner year for the company, customers, and stakeholders invested in the journey.

About Nauticus Robotics

Nauticus Robotics, Inc. develops autonomous robots for the ocean industries. Autonomy requires the extensive use of sensors, artificial intelligence, and effective algorithms for perception and decision allowing the robot to adapt to changing environments. The company's business model includes using robotic systems for service, selling vehicles and components, and licensing of related software to both the commercial and defense business sectors. Nauticus has designed and is currently testing and certifying a new generation of vehicles to reduce operational cost and gather data to maintain and operate a wide variety of subsea infrastructure. Besides a standalone service offering and forward-facing products, Nauticus' approach to ocean robotics has also resulted in the development of a range of technology products for retrofit/upgrading traditional ROV operations and other third-party vehicle platforms. Nauticus' services provide customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets while reducing their operational footprint, operating cost, and greenhouse gas emissions, to improve offshore health, safety, and environmental exposure.

Cautionary Language Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Act"), and are intended to enjoy the protection of the safe harbor for forward-looking statements provided by the Act as well as protections afforded by other federal securities laws. Such forward-looking statements include but are not limited to: the expected timing of product commercialization or new product releases; customer interest in Nauticus' products; estimated operating results and use of cash; and Nauticus' use of and needs for capital. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "intends," or "continue" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are based on Nauticus' management's current expectations and beliefs, as well as a number of assumptions concerning future events. There can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Nauticus is not under any obligation and expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports which Nauticus has filed or will file from time to time with the Securities and Exchange Commission (the "SEC") for a more complete discussion of the risks and uncertainties facing the Company and that could cause actual outcomes to be materially different from those indicated in the forward-looking statements made by the Company, in particular the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in documents filed from time to time with the SEC, including Nauticus' Annual Report on Form 10-K filed with the SEC on April 15, 2025. Should one or more of these risks, uncertainties, or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. The documents filed by Nauticus with the SEC may be obtained free of charge at the SEC's website at www.sec.gov.

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SOURCE Nauticus Robotics, Inc.

FAQ

What progress has Nauticus Robotics (KITT) made in Q2 2025?

Nauticus completed projects for six different customers in Q2 2025, supporting both wind industry operations along the U.S. East Coast and energy sector work along the Gulf Coast.

When will Nauticus Robotics begin generating revenue from its Aquanaut vehicle in 2025?

Nauticus plans to initiate Aquanaut® revenue in the third quarter of 2025, with projects expected at ultra deepwater depths up to 2,200 meters by summer's end.

How is Nauticus Robotics expanding its market presence?

The company is expanding through reduced customer concentration, diversifying across wind and energy sectors, and combining traditional ROV work with autonomous solutions through its merger with SeaTrepid.

What depths can Nauticus Robotics' Aquanaut vehicle operate at?

The Aquanaut vehicle is expected to operate at ultra deepwater depths of up to 2,200 meters by the end of summer 2025.

What is Nauticus Robotics' business model?

Nauticus' business model includes providing robotic systems for service, selling vehicles and components, and licensing related software to both commercial and defense sectors.
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