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Nauticus Robotics Announces Appointment of New General Counsel

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Nauticus Robotics (NASDAQ: KITT), a leader in subsea robotics and software, has appointed John Symington as its new General Counsel effective August 14, 2024. Symington brings over 20 years of in-house experience, including roles as General Counsel at Frank's International and Seadrill, along with 10 years in private practice. His diverse background spans oilfield services, maritime operations, manufacturing, and software across multiple countries.

CEO John Gibson expressed confidence in Symington's ability to ensure a smooth transition in the legal function as Nauticus continues its strategic focus on innovative solutions for the blue economy. The company develops autonomous robots for ocean industries, emphasizing cost reduction and data gathering for subsea infrastructure maintenance.

Nauticus Robotics (NASDAQ: KITT), un leader nella robotica sottomarina e nel software, ha nominato John Symington nuovo Consigliere Generale con decorrenza dal 14 agosto 2024. Symington porta con sé oltre 20 anni di esperienza interna, inclusi ruoli come Consigliere Generale presso Frank's International e Seadrill, oltre a 10 anni di pratica privata. Il suo background eterogeneo comprende servizi per il settore petrolifero, operazioni marittime, produzione e software in diversi paesi.

Il CEO John Gibson ha espresso fiducia nella capacità di Symington di garantire una transizione fluida nella funzione legale mentre Nauticus continua a concentrarsi strategicamente su soluzioni innovative per l'economia blu. L'azienda sviluppa robot autonomi per le industrie oceaniche, ponendo l'accento sulla riduzione dei costi e sulla raccolta di dati per la manutenzione delle infrastrutture sottomarine.

Nauticus Robotics (NASDAQ: KITT), líder en robótica submarina y software, ha nombrado a John Symington como su nuevo Asesor Legal a partir del 14 de agosto de 2024. Symington aporta más de 20 años de experiencia en la empresa, incluyendo cargos como Asesor Legal en Frank's International y Seadrill, además de 10 años en la práctica privada. Su diversa trayectoria abarca servicios en el sector de la industria petrolera, operaciones marítimas, manufactura y software en varios países.

El CEO John Gibson expresó confianza en la capacidad de Symington para asegurar una transición fluida en la función legal mientras Nauticus continúa su enfoque estratégico en soluciones innovadoras para la economía azul. La compañía desarrolla robots autónomos para las industrias oceánicas, enfatizando la reducción de costos y la recopilación de datos para el mantenimiento de la infraestructura submarina.

Nauticus Robotics (NASDAQ: KITT), 해양 로봇 및 소프트웨어 분야의 선두주자가 존 심링턴을 새로운 법률 고문으로 임명했다고 2024년 8월 14일부터 발표했다. 심링턴은 프랭크 인터내셔널과 시드릴에서 법률 고문으로서의 역할을 포함해 20년 이상의 사내 경험을 보유하고 있으며, 민간 실무에서도 10년의 경험이 있다. 그의 다양한 경력은 석유 분야 서비스, 해양 운영, 제조 및 소프트웨어를 여러 나라에서 다룬다.

CEO 존 깁슨은 Nauticus가 파란색 경제를 위한 혁신적인 솔루션에 전략적으로 집중하는 동안 심링턴이 법무 기능에서 원활한 이행을 보장할 수 있을 것이라고 확신했다. 이 회사는 해양 산업을 위해 자율 로봇을 개발하며, 해양 인프라 유지관리를 위한 비용 절감 및 데이터 수집을 강조한다.

Nauticus Robotics (NASDAQ: KITT), un leader dans le domaine de la robotique sous-marine et des logiciels, a nommé John Symington comme nouveau conseiller général à compter du 14 août 2024. Symington apporte plus de 20 ans d'expérience en interne, y compris des postes de conseiller général chez Frank's International et Seadrill, ainsi que 10 ans dans le cabinet privé. Son parcours diversifié couvre les services de forage pétrolier, les opérations maritimes, la fabrication et les logiciels dans plusieurs pays.

Le CEO John Gibson a exprimé sa confiance dans la capacité de Symington à garantir une transition fluide dans la fonction juridique alors que Nauticus continue de se concentrer stratégiquement sur des solutions innovantes pour l'économie bleue. L'entreprise développe des robots autonomes pour les industries océaniques, en mettant l'accent sur la réduction des coûts et la collecte de données pour l'entretien des infrastructures sous-marines.

Nauticus Robotics (NASDAQ: KITT), ein führendes Unternehmen im Bereich Unterwasserrobotik und Software, hat John Symington zum neuen General Counsel ernannt, mit Wirkung zum 14. August 2024. Symington bringt über 20 Jahre Erfahrung in der Unternehmensberatung mit, darunter Positionen als General Counsel bei Frank's International und Seadrill, sowie 10 Jahre in der privaten Praxis. Sein vielfältiger Hintergrund umfasst Dienstleistungen im Öl- und Gassektor, maritime Operationen, Fertigung und Software in mehreren Ländern.

CEO John Gibson äußerte Vertrauen in Symingtons Fähigkeit, einen reibungslosen Übergang in der Rechtsabteilung zu gewährleisten, während Nauticus weiterhin strategisch auf innovative Lösungen für die blaue Wirtschaft fokussiert bleibt. Das Unternehmen entwickelt autonome Roboter für die ozeanischen Industrien und legt dabei besonderen Wert auf Kostenreduktion und Datensammlung für die Wartung von Unterwasserinfrastrukturen.

Positive
  • Appointment of experienced General Counsel with 20+ years of relevant industry experience
  • New General Counsel has international experience, aligning with company's global operations
  • Smooth transition process with outgoing and incoming General Counsels working together
Negative
  • Departure of previous General Counsel, potentially causing short-term disruption

HOUSTON, Aug. 21, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces that John Symington was appointed as General Counsel of the company on August 14, 2024. Nick Bigney recently announced his departure and the two are working together through the transition period.

Mr. Symington has over 20 years' experience in-house, including serving as General Counsel at Frank's International and Seadrill, complemented by 10 years in private practice. He has lived and worked in the US, the UK, Venezuela, and Brazil, and his industry experience includes oilfield services, maritime operations, manufacturing, and software. He has worked with management to lead growth and international expansion for two early-stage companies as first general counsel.

Nauticus Robotics' CEO, John Gibson, commented, "We thank Nick for his service to Nauticus and welcome John to the team.  John's experience puts us in a position for a seamless transition in the legal function as we continue our strategic focus on providing proven and innovative solutions to the blue economy."

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' most recent Annual Report on Form 10-K. 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

Who is the new General Counsel of Nauticus Robotics (NASDAQ: KITT)?

John Symington was appointed as the new General Counsel of Nauticus Robotics (NASDAQ: KITT) on August 14, 2024.

What is John Symington's background before joining Nauticus Robotics (KITT)?

John Symington has over 20 years of in-house experience, including roles as General Counsel at Frank's International and Seadrill, complemented by 10 years in private practice. He has worked in various countries and industries including oilfield services, maritime operations, manufacturing, and software.

How does Nauticus Robotics (KITT) plan to use autonomous robots in ocean industries?

Nauticus Robotics (KITT) develops autonomous robots to reduce operational costs and gather data for maintaining subsea infrastructure. Their approach includes offering robotic services, selling vehicles and components, and licensing related software to both commercial and defense sectors.

What is Nauticus Robotics' (KITT) strategic focus according to the press release?

According to CEO John Gibson, Nauticus Robotics (KITT) is strategically focused on providing proven and innovative solutions to the blue economy, which involves various ocean-related industries and services.

Nauticus Robotics, Inc.

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