Pre-IPO Gecko Robotics Wins Its Biggest-Ever Navy Contract

nasdaq
2026.03.29 10:35
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Gecko Robotics has secured its largest contract to date, a five-year, $71 million deal with the U.S. Navy to inspect 18 warships using its advanced structural inspection robots. This contract potentially exceeds the company's total revenue since its founding, which was reported at $60 million by the end of 2024. The robots are designed to conduct inspections faster and more accurately than manual methods, and the contract may lead to further opportunities with the Navy's larger fleet. Gecko is also preparing for an IPO, having reached a private-market valuation of $1.25 billion.