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-0.0362760250931901 -0.0180925538685335 -0.0090917356123284 0.0273661241931085 -0.000181834712246548 0.00918265296845168 9.09173561232739E-05 0.118283480316393
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Nauticus Robotics and SeaTrepid International Collaborate to Bring ToolKITT Software to ROVs [Yahoo! Finance]

Nauticus Robotics, Inc. - Common stock (KITT) 
Company Research Source: Yahoo! Finance
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 of its ToolKITT software onto an ROV, with SeaTrepid providing access to its facilities and workforce to support pool testing during the certification process. SeaTrepid will gain a competitive edge through enhanced ROV services, while Nauticus will benefit from recurring annual software maintenance revenues post-deployment. The collaboration's first focus is implementing ToolKITT's automatic station-keeping capability. This feature will enable ROV pilots to stabilize the vehicle during subsea operations, reducing workload and improving precision. Following the successful deployment of this initial capability, additional advanced features of ToolKITT will be rolled out incrementally. John Gibson , CEO a Show less Read more
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