Nauticus Robotics and SeaTrepid join hands for ToolKITT software

seekingalpha
20 Nov 2024
  • 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.

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