Nauticus Robotics and SeaTrepid join hands for ToolKITT software
seekingalpha
2024-11-20
Nauticus Robotics (NASDAQ:KITT) announced a strategic collaboration with SeaTrepid International to integrate and test its ToolKITT software on a Remotely Operated Vehicle in SeaTrepid's fleet.
Under this collaboration, Nauticus (KITT) 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.