Nauticus Robotics, Inc. Announces ROV Offshore Projects

Nauticus Robotics, Inc., a developer of autonomous subsea robots and autonomy software, announced that both of its Comanche remotely operated vehicle (ROV) systems are currently operating on commercial offshore projects.

Nauticus is experiencing a stronger third quarter based on commercial ROV activity to date. Both of the Company's Comanche ROV systems are currently deployed on customer projects. One is working in the U.S. Northeast in support of offshore wind development, while the second is performing platform inspection work off the U.S. Gulf Coast.

In addition to the current deployments, Nauticus has submitted bids and proposals for ROV projects across multiple locations in both the U.S. and international offshore markets. These bids and proposals are not included in the operating activity described in this release, and no assurance can be given that any prospective project will result in a contract or commercial activity.