Nauticus Robotics Reports Growth Amid Financial Challenges
Nauticus Robotics Inc. reported significant growth in assets and revenue in Q3, driven by the acquisition of SeaTrepid International LLC. Total assets rose to $42.8 million, and revenue increased to $4.2 million. Despite a net loss of $21.7 million and liquidity challenges, the company is focused on integrating AI-driven software into SeaTrepid’s ROV fleet and is optimistic about securing financing for future growth.
Tip Ranks·