Nauticus Robotics
Nauticus Robotics, Inc., based in Houston, has reported significant advancements in its technology and financial performance for the third quarter of 2025. The company, known for its innovations in subsea robotics, announced revenues of $2.0 million for the quarter ending September 30, a notable increase from $0.4 million during the same period last year. These results reflect a growing interest from customers in autonomous systems for offshore operations.
In a statement, John Gibson, President and CEO of Nauticus Robotics, described the quarter as a “breakthrough.” He highlighted the progress made across the company’s Remote Operated Vehicle (ROV) and Aquanaut® programs. Additionally, the integration of Nauticus ToolKITT™ into third-party vehicles has showcased the robustness of the company’s technology. Gibson noted, “Customer and operator feedback continues to validate the value of autonomous systems in offshore operations.”
Strategic Acquisition Enhances Capabilities
Nauticus’ acquisition of SeaTrepid in early 2025 has proven beneficial, granting the company immediate access to an established fleet of remotely operated vehicles. These vehicles have been utilized in various commercial projects, facilitating the testing and installation of the Nauticus ToolKITT software. The successful integration enables these ROVs to navigate autonomously, allowing human operators to concentrate on other essential tasks.
Throughout the quarter, Nauticus engaged in extensive offshore operations, particularly along the U.S. Gulf Coast. As the work season began to taper off, one ROV was repurposed as a test platform for Nauticus ToolKITT integration, which underwent successful testing and certification in October. The first Aquanaut robot achieved a milestone by completing ultra-deepwater testing at a depth of 2,300 meters, marking the deepest known test for an untethered drone of this class.
The second Aquanaut robot is currently in Florida, where it is preparing for new capabilities targeted for implementation in the 2026 offshore season. Nauticus aims to leverage Aquanaut for developing new customer workflows, positioning the company for larger contracts in the future.
Financial Overview and Future Outlook
The market response to Nauticus’ innovations continues to be positive. The company plans to host customer demonstrations at its lakeside facility in the coming weeks, allowing potential clients to witness Aquanaut operations firsthand. Discussions are underway for customer-paid demonstrations with several interested parties, which could further enhance Nauticus’ market presence.
The financial highlights for the third quarter reveal a total operating expense of $7.9 million, an increase of $1.9 million compared to the same period last year. Nauticus reported an adjusted net loss of $6.8 million, slightly worse than the $6.4 million loss posted in Q3 2024. The company recorded a net loss of $6.6 million, equating to a basic loss per share of $(2.60), contrasting sharply with a net income of $17.9 million in the previous year.
As of September 30, 2025, Nauticus held cash and cash equivalents of $5.5 million, up from $2.7 million at the end of the second quarter. This improvement in liquidity underscores the company’s efforts to stabilize its financial footing.
Nauticus plans to host a conference call on November 14, 2025, at 9:00 a.m. Central Time to elaborate on the quarterly results and future strategies. Participants can join by dialing +1-800-549-8228, using conference ID: 20335, or accessing the listen-only webcast via the company’s website.
As Nauticus Robotics continues to innovate and adapt within the subsea robotics sector, its focus on customer engagement and operational excellence sets a promising foundation for sustainable growth.
