HOUSTON , March 20, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT, "Nauticus"), a leading innovator in autonomous subsea robotics and software solutions, today announced ahead of schedule, the final closing of the acquisition of all assets and business of SeaTrepid International, LLC ("SeaTrepid"), an expert in providing subsea robotic services to customers throughout the world. The early closing reflects the... Read More

Combination Expands Addressable Market and Drives Operational Synergies HOUSTON , March 5, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT, "Nauticus"), a leading innovator in autonomous subsea robotics and software solutions, today announced signing of a definitive agreement to acquire all of the assets and business of SeaTrepid International, LLC ("SeaTrepid"), an expert in providing subsea robotic services to... Read More

HOUSTON , Feb. 20, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, today announced that on February 18, 2025 , it received a formal notice from The Nasdaq Capital Market ("Nasdaq") confirming that Nauticus has demonstrated compliance with the equity requirement in Rule 5550(b)(1) (the "Equity Rule"), and is therefore in compliance with Nasdaq's... Read More

HOUSTON , Feb. 3, 2025 /PRNewswire/ -- Nauticus Robotics, Inc . (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, announces assembly completion of its second flagship underwater vehicle, Aquanaut Mark 2. Nauticus completed assembly and the first phase of acceptance testing at its Houston facility in January. This second Aquanaut vehicle is now in Louisiana undergoing the next phase of acceptance... Read More

HOUSTON , Jan. 30, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, has entered into a strategic alliance with Leidos (NYSE: LDOS) to advance subsea autonomy solutions. The alliance builds on a successful prior collaboration between the two organizations, which was praised by their mutual customer for its seamless execution and synergy. This new... Read More

HOUSTON , Dec. 2, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, recently completed a project for a second global supermajor oil and gas company in the Gulf of Mexico (GOM) to perform a subsea field inspection utilizing its flagship underwater vehicle, Aquanaut Mark 2. Nauticus' Autonomous Solutions team completed the inspection in the GOM last... Read More

HOUSTON , Nov. 19, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT, "Nauticus"), a leading innovator in autonomous subsea robotics and software solutions, today announced a strategic collaboration with SeaTrepid International, LLC ("SeaTrepid") to integrate and test its ToolKITT software on a Remotely Operated Vehicle (ROV) in SeaTrepid's fleet. Under this collaboration, Nauticus will install a perpetual license... Read More

HOUSTON , Nov. 12, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended September 30, 2024 . John Gibson , Nauticus CEO, stated, "We committed to producing commercial revenue in the third quarter of 2024 with our Aquanaut Mark 2. We achieved that objective. Our first commercial project not only exceeded... Read More

HOUSTON , Nov. 5, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, successfully completed its initial 2024 Gulf of Mexico (GOM) survey scope for Shell Exploration and Production Inc ("Shell"), a subsidiary of Shell plc (NYSE: SHEL), an international energy company based in the United Kingdom . The successful completion of this work combined with the... Read More

HOUSTON , Nov. 5, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, announces that it has entered into an agreement with existing debtholders to convert $33M dollars of debt into equity through a preferred stock exchange. The company anticipates that this exchange will allow the company to substantially deleverage the balance sheet and believes that... Read More

HOUSTON , Oct. 30, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its third quarter financial and operating results for the period ended September 30 , 2024. The Company plans to release its third quarter financial and operating results after market close on November 12 , 2024. The Company plans to host an earnings conference call... Read More

HOUSTON , Sept. 30, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, is pleased to announce completion of qualification testing of its flagship underwater vehicle, Aquanaut Mark 2. The Aquanaut used for testing, Vehicle 2, is now performing commercial inspection work at a production field in the Gulf of Mexico (GOM). This transition from... Read More

HOUSTON , Sept. 19, 2024 /PRNewswire/ -- Nauticus Robotics Inc. (NASDAQ: KITT) a leading innovator in autonomous subsea robotics and software, today announced receipt of a letter from the Nasdaq Stock Market LLC ("Nasdaq") approving an extension of time to regain compliance with all listing standards. The letter received from Nasdaq grants Nauticus an exception until December 31, 2024 to demonstrate compliance with the... Read More

HOUSTON , Sept. 17, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software, began its second round of qualification testing of its flagship underwater vehicle, Aquanaut Mark 2, in the Gulf of Mexico (GOM). Vehicle 2 will be used for commercial operations going forward. Completion of this testing is intended to certify the vehicle for water depths exceeding... Read More

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... Read More

HOUSTON , Aug. 13, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended June 30, 2024 . "I would like to thank our existing lenders for their continued support. Their steady conversion of warrants and convertible debentures improve our market cap and reduce our interest burden and our leverage," said John... Read More

HOUSTON , Aug. 8, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces a partnership with Florida Atlantic University (FAU) for further testing of its flagship underwater vehicle, Aquanaut Mark 2. Nauticus has contracted with FAU to perform Aquanaut Mark 2 vehicle development testing in the protected waters near the university's Institute for Ocean and... Read More

HOUSTON , July 29, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its second quarter financial and operating results for the period ended June 30 , 2024. The Company plans to release its second quarter financial and operating results after market close on August 13 , 2024. The Company plans to host an earnings conference call on... Read More

HOUSTON , July 18, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced that it will proceed with a 1-for-36 reverse stock split ("Reverse Split") of its outstanding shares of common stock (the "Common Stock") following approval by its Board of Directors. This ratio is within the range approved by stockholders at the annual meeting of the Company's shareholders held on... Read More

HOUSTON , July 18, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces the successful completion and invoicing of Phase I in its transformative four-phase contract with Brazil's largest offshore oil & gas operator. This milestone concludes part of the contract that was awarded in 2023. Nauticus' Autonomous Solutions team has achieved a crucial victory by... Read More

HOUSTON , May 13, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced its financial results for the quarter ended March 31 , 2024. "We have successfully deployed Aquanaut Mark 2 in the Gulf of Mexico and tested the platform at depths greater than 1300 meters," said John W. Gibson, Jr. , Nauticus' CEO and President. "We should generate daily revenue from the Aquanaut Mark... Read More

HOUSTON , May 6, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its first quarter financial and operating results for the period ended March 31 , 2024. The Company plans to release its first quarter financial and operating results after market close on May 13, 2024 . The Company plans to host an earnings conference call on May 14... Read More

HOUSTON , April 9, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT) today announced preliminary testing results for its Aquanaut Mk2 vehicle and financial results for the quarter and year ended December 31 , 2023. "We have spent the past few months transforming Nauticus from a company with great R&D capabilities to one poised to be commercially successful," said John W. Gibson, Jr. ,... Read More

HOUSTON , April 4, 2024 /PRNewswire/ -- Nauticus Robotics, Inc . ("Nauticus" or the "Company") (NASDAQ: KITT) today announced the Company's schedule for releasing its fourth quarter and year end financial and operating results for the period ended December 31 , 2023. The Company plans to release its fourth quarter and year 2023 financial and operating results after market close on April 9 , 2024. The Company plans to host an... Read More

HOUSTON , Feb. 5, 2024 /PRNewswire/ -- Nauticus Robotics (NASDAQ: KITT), a leading developer of subsea robots and software, announces securing over $12M net today, part of a second tranche of investment. The new investment will expedite certification of Nauticus' flagship robot, the Aquanaut , which facilitates the transformation of tethered ROV operations to fully autonomous operations. It is expected to perform numerous... Read More

HOUSTON , Jan. 10, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT) ("Nauticus" or the "Company"), a developer of subsea autonomous robotic systems and software, today announced that it secured an investment before the close of 2023 and eliminated many of the dilutive warrants and ratchet provisions of the original de-SPAC financing in the process. The new investment is the first tranche of financing led by... Read More

HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, announced the execution of a definitive agreement to acquire 3D at Depth, Inc. (“3D”), a global leader in commercial subsea laser LiDAR (Light Detection and Range) inspection and data services, for... Read More

HOUSTON, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT), a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, today announced it has entered into a senior secured term loan agreement (the "Term Loan Agreement") with existing stakeholders, Transocean (NYSE: RIG), ATW Partners , Material Impact , and RCB Equities... Read More

Continuous Successful Collaboration Evolves from the Development Stage to Commercial Offshore Service with a Potential Multi-Year Service Pipeline Industry Milestone: Aquanaut will Execute Autonomous Subsea Manipulation Tasks on Live Subsea Assets in more than 1000m water depth Without an Umbilical HOUSTON, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of... Read More

HOUSTON, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies, today announced that it has signed a memorandum of understanding (“MOU”) with MMA Offshore Limited (“MMA Offshore”) (ASX: MRM), a global provider of high-specification vessels and... Read More

HOUSTON, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced that Equinor ASA (“Equinor”) (NYSE: EQNR), an international energy company based in Norway, has engaged Nauticus and its local business partner, Stinger Technology... Read More

HOUSTON, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced it has been awarded an additional $2.1 million under its current contract with Leidos (NYSE: LDOS), a FORTUNE 500® science and technology leader. The additional... Read More

HOUSTON, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services to the ocean industries, today announced results for the second quarter ended June 30, 2023. Highlights Signed a contract with Shell plc (NYSE: SHEL) for an initial project in the Gulf of Mexico Princess... Read More

HOUSTON, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced it will exhibit its latest technology at the 50th Society of Petroleum Engineers (SPE) Offshore Europe Conference , occurring September 5 – 8 th in Aberdeen,... Read More

HOUSTON, July 31, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, will host a conference call on Friday, August 11, 2023 at 10:00 a.m. Eastern Time to discuss its results from the second quarter ended June 30, 2023. A press release detailing... Read More

HOUSTON, June 26, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots using artificial intelligence for data collection and intervention services, today announced its addition to the Russell Microcap ® Index at the conclusion of the 2023 annual reconstitution, effective after the US market opens today on June 26, 2023. Membership in the Russell Microcap ®... Read More

Contract Leads to Potential Market worth over $100 Million Per Year Expands Nauticus’ International Presence to South America HOUSTON, June 23, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced that it has been awarded a contract... Read More

HOUSTON, June 01, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced it will exhibit and speak at the 7th Annual Energy Drone & Robotics Summit , occurring June 12 – 14, 2023 in Houston at The Woodlands Waterway Marriott Hotel &... Read More

HOUSTON, May 25, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots using artificial intelligence for data collection and intervention services, is set to join the Russell Microcap ® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions... Read More

HOUSTON, May 15, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services to the ocean industries, today announced results for the first quarter ended March 31, 2023. Highlights Reported Q1 2023 revenue of $2.8 million, an increase of 26% compared to Q1 2022. Announced the... Read More

HOUSTON, May 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies, today announced it has been awarded an additional $2.7 million under its current contract with Leidos Holdings, Inc. (NYSE: LDOS), a FORTUNE 500 ® science and technology leader. The... Read More

HOUSTON, May 04, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced that founder and CEO Nicolaus Radford has been chosen to deliver a keynote address at the Robotics Summit & Expo 2023 in Boston. Radford will give the event’s... Read More

HOUSTON, May 02, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies, will host a conference call on Monday, May 15, 2023 at 4:30 p.m. Eastern Time to discuss its results from the first quarter ended March 31, 2023. A press release detailing these... Read More

HOUSTON, May 02, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies, today announced its successful completion of a live offshore demonstration with the U.S. Navy of its AI-enhanced mine countermeasure vehicle. The achievement advanced Nauticus to the... Read More

HOUSTON, April 26, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced it will exhibit at this year’s Offshore Technology Conference (“OTC”) in Houston from May 1st – 4th at Booth 3263. Nauticus recently announced the commissioning of... Read More

HOUSTON, April 19, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies, today announced it has successfully completed the competitive first phase of the Defense Innovation Unit (“DIU”) Amphibious Autonomous Response Vehicle program and is advancing... Read More

HOUSTON, April 13, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced the commencement of commissioning exercises of the first of three second-generation Aquanauts, dubbed the ‘Mark 2’ (MK2). Following commissioning, Nauticus expects... Read More

HOUSTON, April 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots using artificial intelligence for data collection and intervention services, today announced it will hold its Annual Meeting of Stockholders (the “Annual Meeting”) on Wednesday, May 10, 2023 at 10:00 a.m. Central Time . The Annual Meeting will be held in a virtual format to provide a... Read More

HOUSTON, March 28, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced results for the fourth quarter and full year ended December 31, 2022. Financial Highlights Full-year 2022 revenues increased 33% to $11.4 million. Fourth quarter... Read More

HOUSTON, March 16, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, will host a conference call on Tuesday, March 28, 2023 at 4:30 p.m. Eastern Time to discuss its results from the fourth quarter and full-year ended December 31, 2022. A press... Read More

HOUSTON, March 09, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced that founder and CEO Nicolaus Radford has been invited by The Greater Houston Partnership to speak at the South By Southwest ® (“SXSW ® ”) Conference and Festivals in Austin on March 13, 2023 at 4 p.m. CT. The... Read More

HOUSTON, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced its participation in the 35 th Annual ROTH Conference being held March 12-14, 2023 at The Ritz Carlton, Laguna Niguel located in Dana Point, California. Nauticus management will be holding one-on-one meetings with institutional... Read More

HOUSTON, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced the initiation of its operations in Norway and the United Kingdom, beginning the Company’s international expansion strategy for 2023 and beyond. The operating bases are strategically located in Stavanger, Norway... Read More

HOUSTON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced that founder and CEO Nicolaus Radford will be speaking at an event today, December 1, 2022, at the United Nations (“UN”) Headquarters in New York City. The UN event is called “Energy Transition Industries:... Read More

HOUSTON, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced results for its third quarter ended September 30, 2022 and provided a business update. Recent Operational and Financial Highlights Completed a business combination with CleanTech Acquisition Corp. (“CLAQ”) on... Read More

Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced its participation at the 11 th Annual Roth Technology Event, Water Tower Research Fireside Chat Series and the 10 th Annual Credit Suisse Global Industrials Conference. Roth’s 11 th Annual Technology Event Roth’s 11 th Annual Technology Event is being... Read More

Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, will host a conference call on Monday, November 14, 2022 at 12:00 p.m. Eastern Time to discuss its results from the third quarter 2022. A press release detailing these results will be issued before the open of trading on the same day. Nauticus management will provide... Read More

Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots, autonomy software, and services to the marine industries, today announced that the Company’s Founder and CEO, Nicolaus Radford, and other members of the Nauticus team, will ring the NASDAQ Closing Bell on Thursday, October 20, 2022. This event celebrates the Company’s recent closing of its business combination with CleanTech... Read More

Nauticus Robotics, Inc. (“Nauticus” or “Company”) (NASDAQ: KITT), a developer of autonomous ocean robots and associated services, announced today that it has been awarded a second multi-million dollar contract by the U.S. Defense Innovation Unit (“DIU”) for the development of an amphibious unmanned system also utilizing the Company’s autonomous command and control software platform, ToolKITT. This development follows... Read More

Salunda Limited today has announced an exclusive license agreement with Transocean (NYSE: RIG) to make, develop and sell HaloGuard ® , the offshore drilling industry's first safety system that integrates camera and sensor technology with drilling equipment and machine controls. The HaloGuard ® system combines real-time location technology together with a machine vision system. The technology is designed to locate personnel... Read More