Robotics Stocks Jump. Nauticus Robotics Surges 28%; Richtech Robotics up 11%; PALLADYNE AI up 8%

Tiger Newspress
01-31

Robotics stocks jumped on Friday. Nauticus Robotics surged 28.8%; Richtech Robotics up 11.6%; PALLADYNE AI up 8.5%.

Nauticus Robotics, a leading innovator in autonomous subsea robotics and software, has entered into a strategic alliance with Leidos to advance subsea autonomy solutions.

The alliance builds on a successful prior collaboration between the two organizations, which was praised by their mutual customer for its seamless execution and synergy. This new alliance aims to combine the companies' complementary expertise to develop next-generation autonomous underwater systems capable of tackling increasingly complex missions.

"We are thrilled to extend our relationship with Leidos through our targeted alliance," said John Yamokoski, Chief Technology Officer and Vice President of Defense at Nauticus Robotics. "This alliance underscores our shared commitment to pushing the boundaries of innovation in subsea autonomy."

Nauticus will apply its extensive expertise in commercial subsea vehicle development, including its flagship Aquanaut system, along with its proprietary unmanned vehicle software platform, ToolKITT, to enhance the capabilities of future unmanned underwater vehicles.

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