Revolutionary ToolKITT Software to Enhance ROV Precision, Efficiency, and Autonomy, Ushering in a New Era for Subsea Operations.
Nauticus Robotics, Inc. (NASDAQ: KITT, "Nauticus"), a leading innovator in autonomous subsea robotics and software solutions, announced a strategic collaboration with SeaTrepid International, LLC ("SeaTrepid") to integrate and test its ToolKITT software on a Remotely Operated Vehicle (ROV) in SeaTrepid's fleet.
Under this collaboration, Nauticus 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.
The collaboration's first focus is implementing ToolKITT's automatic station-keeping capability. This feature will enable ROV pilots to stabilize the vehicle during subsea operations, reducing workload and improving precision. Following the successful deployment of this initial capability, additional advanced features of ToolKITT will be rolled out incrementally.
John Gibson, CEO and President of Nauticus Robotics, stated, "We are thrilled to work with Bob Christ and the team at SeaTrepid. Together, we aim to revolutionize subsea operations by advancing autonomous ROV capabilities. By equipping SeaTrepid's ROVs with ToolKITT, we can deliver significant efficiency gains, including reduced CO2 emissions, faster mission completion times, and fewer operator-related delays. This collaboration represents an exciting entry point for ToolKITT into the broader ROV market, building on its recent success on the Aquanaut Mark 2 vehicle earlier this year."
Bob Christ, CEO of SeaTrepid, added, "This collaboration with Nauticus allows us to integrate cutting-edge software into our fleet, paving the way for SeaTrepid to become the first autonomous ROV service provider. We're excited about the opportunities this technology presents for transforming subsea operations and look forward to delivering enhanced capabilities to our clients."
This collaboration underscores Nauticus' and SeaTrepid's shared commitment to advancing augmented autonomy in subsea robotics. By leveraging existing ROV infrastructure, the collaboration aims to accelerate market adoption of autonomous technologies while providing cross-training opportunities for their teams.