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KITT — Nauticus Robotics News Story

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Nauticus Robotics falls on Q3 loss

** Marine robotics company Nauticus Robotics KITT.O shares down nearly 4.5% to about $1.36 in early trade

** The Webster, Texas-based company posts wider Q3 loss, due to non-cash charges from changes in the fair value of warrant liabilities and November 2024 debentures

** Posts Q3 adj. net loss of $6.8 mln, compared to $6.4 mln a year ago

** However, Q3 revenue rose to $1.98 mln from $0.37 mln YoY, on growing demand and acquisition of subsea robotics co Sea Trepid enabling access to remotely operated vehicles

** Expects customer base for software sales to expand in 2026

** Including session's moves, shares down 90.3% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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