Nauticus Robotics, announced a net loss in its financial results for the year-end December 31, 2024.The adjusted net loss for full year 2024 was $26.1 million, compared to an adjusted net loss
Nauticus Robotics, announced a net loss in its financial results for the year-end December 31, 2024.
The adjusted net loss for full year 2024 was $26.1 million, compared to an adjusted net loss of $34.3 million for the prior year.
However, Nauticus says it experienced a transformational year in 2024. The company's shift from a research and development company into a commercial, revenue generating company is well underway.
2025 will continue to be a year of change as Nauticus works to transition offshore inspection operations from fully tethered execution to autonomous, untethered execution. The company's combined offering of an Aquanaut vehicle and a remotely operated vehicle (ROV) on a single vessel is already sparking customer discussions on better ways of working. They are showing eagerness to fit this operational model into their current plans and are already thinking of how their execution models will change.
The Aquanaut vehicle completed its first deepwater testing in 2024 that resulted in immediate commercial work by the end of the season. Due to this success, Nauticus is executing contracts with current customers to perform their 2025 Gulf Coast scope. Discussions with new customers are ongoing and expected to further increase the offshore pipeline. Two Aquanaut
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