Nauticus Robotics jumps on Petrobras contract win

Nauticus Robotics

23/06/2023 18:13

** Shares of ocean robots developer Nauticus Robotics
 KITT.O  rose as much as 23.7% to $2.45
    ** Stock pared gains, last up 6.6% at $2.11
    ** Co awarded contract by Brazil's Petrobras  PETR4.SA  to
support the state-owned petroleum company's offshore activities
    ** KITT to develop and test AUV Aquanaut, its autonomous
subsea robot to support the activities
    ** Including session gain, KITT shares down 43.6% so far
this year

 (Reporting by Tanay Dhumal in Bengaluru)
 ((Tanay.Dhumal@thomsonreuters.com; 
Twitter: https://twitter.com/TanayDhumal))