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1. Company Snapshot

1.a. Company Description

Nauticus Robotics, Inc.develops and offers ocean robotic solutions and cloud software to the ocean industry.The company offers Aquanaut, an autonomous underwater vehicle (AUV) with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; and Argonaut, a derivative product of the Aquanaut, which is used for non-industrial and government applications.


It also provides Olympic Arm, an all-electric, work-class manipulator that allows perception-driven decision making for semi-autonomous tasking; ToolKITT software suite, which is a multi-layered, multi-tool, software platform that operates various ocean robotic vehicles through navigational guidance, vehicle, and manipulator control, as well as perception, planning, and execution of tasks; and Hydronaut, an optionally crewed autonomous surface vessel that supports the real-time operations of Aquanaut in long range and deep water commercial applications.The company was founded in 2014 and is based in Webster, Texas.

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1.b. Last Insights on KITT

The recent 3-month performance of Nauticus Robotics, Inc. was negatively impacted by the early closure of the SeaTrepid International acquisition, which was initially expected to drive operational synergies and expand the company's addressable market. The accelerated completion of the deal may have created integration challenges, potentially disrupting the company's operations and affecting its financial performance.

1.c. Company Highlights

2. Nauticus Robotics' Q3 2025 Earnings: A Turning Point

Nauticus Robotics reported revenue of $1.9 million for Q3 2025, a slight decrease of $0.1 million sequentially but a significant increase of $1.6 million from Q3 2024. Operating expenses were $7.8 million, up $1.9 million from Q3 2024 but down $0.6 million sequentially. The net loss for Q3 2025 was $6.6 million, with an adjusted net loss of $6.7 million. The actual EPS came out at -$1.76, missing estimates of -$1.44. The company's gross margin for its software, ToolKITT, was in the 80-plus percent range, indicating a profitable product line.

Publication Date: Nov -29

📋 Highlights
  • Q3 Turning Point:: CEO highlights progress from early-stage development to scalable commercial deployment, with revenue at $1.9M (up $1.6M YoY) despite a $6.6M net loss.
  • Equity Facility:: Secured a $250M equity line to fund growth, acquisitions, and strategic opportunities, enhancing financial flexibility.
  • Deep-Dive Milestone:: Aquanaut successfully tested at 2,300 meters, showcasing advanced subsea capabilities and differentiating the platform.
  • ToolKITT Integration:: Software integrated into existing ROV fleets with 80%+ gross margin, addressing a 300+ vehicle market opportunity.
  • Market Capitalization & Compliance:: Current market cap of $20M vs. $35M NASDAQ threshold; CEO targets balance sheet improvements to meet $2.5M equity requirement.

Operational Highlights

The company achieved significant milestones, including a successful deep dive of the Aquanaut to 2,300 meters, demonstrating the operational advancement and industry-differentiating capability of its platform. Nauticus Robotics also completed its deepest subsea test to date, successfully operating its Aquanaut system. The company made a strategic decision to defer near-term revenue to enhance the vehicle for specific deepwater workflows, indicating a focus on long-term growth.

Growth Prospects

Nauticus Robotics is entering Q4 with more momentum than at any point in its history, with a clear upward trajectory. The company plans to host an Investor Day in early 2026 to showcase its equipment, software, and technology. The company is accelerating scaling operations by potentially acquiring existing vehicles in operation to complement its growth. With an equity line of credit (ELOC) of $250 million, Nauticus Robotics is well-positioned to pursue emerging opportunities and make strategic acquisitions.

Valuation

The company's market capitalization is estimated to be around $20 million, with a P/S Ratio of 1.03, indicating that the market is pricing in moderate growth expectations. The P/E Ratio is not meaningful due to the company's net loss, but the EV/EBITDA ratio is -0.21, suggesting that the company's enterprise value is not justified by its current earnings. The ROE is 1956.48%, but this is not a reliable metric due to the company's net loss and negative shareholder equity.

Outlook

Analysts estimate next year's revenue growth at 7.6%, indicating a moderate pace of growth. However, the company's ability to execute on its plans and achieve significant milestones is a positive sign. With a strong ELOC and a focus on scaling operations, Nauticus Robotics is well-positioned to drive growth and create shareholder value.

3. NewsRoom

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Stock Market Today: Dow Jones, Nasdaq Futures Advance Amid Cooling Labor Market—UiPath, Snowflake, Lululemon In Focus

Dec -04

Source: feeds.benzinga.com

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Nauticus Robotics Surges Nearly 11% In Pre-Market Trading — Here's Why It's Trending

Dec -04

Source: feeds.benzinga.com

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Nauticus Robotics, Inc. (KITT) Q3 2025 Earnings Call Transcript

Nov -14

Source: seekingalpha.com

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Nauticus Robotics Announces Results for the Third Quarter of 2025

Nov -14

Source: prnewswire.com

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Nauticus Robotics Announces Timing of 2025 Third Quarter Investor Earnings Conference Call

Nov -11

Source: prnewswire.com

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Nauticus Robotics Certifies Nauticus ToolKITT™ Autonomy Software on Light Work-Class ROVs; Completes First Paid Commercial Operation on a Retrofitted System

Nov -03

Source: prnewswire.com

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Nauticus Robotics Secures $250 Million Equity Facility and Launches Strategic Initiative to Enter Deep-Sea Rare Earth Mineral Exploration Market

Oct -27

Source: prnewswire.com

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Nauticus Robotics Improves Balance Sheet Through Converting $3.7M Debt to Equity

Oct -27

Source: prnewswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (13.50%)

6. Segments

Ocean Robots Service

Expected Growth: 13.5%

Nauticus Robotics' Ocean Robots Service growth is driven by increasing demand for autonomous underwater vehicles, rising adoption in offshore oil and gas, wind farm inspections, and environmental monitoring. Additionally, advancements in AI, sensor technology, and decreasing costs are expanding the service's addressable market, leading to a 13.5% growth rate.

Ocean Robots Service - Related Party

Expected Growth: 14.37%

Ocean Robots Service, a related party of Nauticus Robotics, Inc., is driven by increasing demand for autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) in offshore oil and gas, oceanography, and environmental monitoring. Growing adoption of robotics in these industries, coupled with Nauticus' innovative technology and expanding customer base, contributes to the 14.37% growth.

7. Detailed Products

Aquabotix

Autonomous underwater vehicles (AUVs) designed for underwater inspection, survey, and exploration

Nauticus Command and Control

A software platform for remote operation and autonomous control of underwater vehicles

OceanSpace

A cloud-based data analytics platform for underwater data management and insights

Hydronautics

Advanced underwater sensors and payloads for environmental monitoring, surveillance, and inspection

8. Nauticus Robotics, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Nauticus Robotics, Inc. operates in a niche market with limited substitutes, but the increasing adoption of autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) poses a moderate threat.

Bargaining Power Of Customers

Nauticus Robotics, Inc. has a diverse customer base, and no single customer accounts for a significant portion of its revenue, reducing the bargaining power of customers.

Bargaining Power Of Suppliers

Nauticus Robotics, Inc. relies on a few key suppliers for critical components, but it has developed relationships with multiple suppliers to mitigate the risk of supply chain disruptions.

Threat Of New Entrants

The autonomous underwater vehicle (AUV) and remotely operated vehicle (ROV) markets are rapidly growing, and new entrants are attracted to the market, increasing the threat of new competition.

Intensity Of Rivalry

The AUV and ROV markets are highly competitive, with several established players and new entrants vying for market share, leading to a high intensity of rivalry.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight -320.20%
Debt Cost 4.82%
Equity Weight 420.20%
Equity Cost 4.82%
WACC 4.82%
Leverage -76.20%

11. Quality Control: Nauticus Robotics, Inc. passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Planet Labs

A-Score: 4.0/10

Value: 4.2

Growth: 5.2

Quality: 3.5

Yield: 0.0

Momentum: 10.0

Volatility: 1.0

1-Year Total Return ->

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Intuitive Machines

A-Score: 3.9/10

Value: 8.0

Growth: 1.8

Quality: 4.4

Yield: 0.0

Momentum: 8.5

Volatility: 1.0

1-Year Total Return ->

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Terran Orbital

A-Score: 3.9/10

Value: 9.6

Growth: 3.2

Quality: 5.0

Yield: 0.0

Momentum: 5.0

Volatility: 0.3

1-Year Total Return ->

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Astra Space

A-Score: 3.7/10

Value: 8.6

Growth: 4.9

Quality: 3.6

Yield: 0.0

Momentum: 5.0

Volatility: 0.3

1-Year Total Return ->

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Stock-Card
Nauticus Robotics

A-Score: 3.7/10

Value: 8.6

Growth: 3.4

Quality: 4.9

Yield: 0.0

Momentum: 5.0

Volatility: 0.3

1-Year Total Return ->

View Full Report
Stock-Card
Sidus Space

A-Score: 3.3/10

Value: 7.2

Growth: 4.4

Quality: 3.1

Yield: 0.0

Momentum: 4.5

Volatility: 0.3

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

1.12$

Current Price

1.12$

Potential

-0.00%

Expected Cash-Flows