Nauticus Robotics, a company listed on NASDAQ, has announced a new partnership with global energy company Shell PLC. The partnership will see Shell utilize Nauticus’ marine technology and AI systems to maintain its offshore installations. The initial phase of the project will involve the use of Nauticus’ flagship autonomous subsea robot, Aquanaut, to inspect Shell’s subsea infrastructure in the Gulf of Mexico.
Aquanaut will be tasked with conducting noncontact and contact inspections across an extensive subsea complex, allowing work to be carried out autonomously at depths of up to 1,000 meters. Previously, remote control technology would have required an ‘umbilical’ connection for such operations.
This collaboration between Nauticus Robotics and Shell has the potential to be a groundbreaking pilot project for underwater operations. It could lead to significant advancements in technology and service delivery within the offshore sector.
Nauticus CEO Nicolaus Radford expressed his satisfaction with the progress made in their collaboration with Shell and the opportunity to work with one of the world’s leading energy companies. This project not only provides long-term visibility for Nauticus’ services but also positions them to become a preferred supplier for advanced work in the industry.
The market responded positively to the news, as Nauticus shares surged by 12.44% in early trading, reaching $2.26 per share.
This partnership signifies an important milestone for both Nauticus Robotics and Shell, as they bring together cutting-edge marine technology and AI systems to enhance offshore operations. The unique capabilities of Aquanaut have the potential to revolutionize the way underwater inspections and maintenance are conducted. As the project progresses, it will be interesting to see the impact it has on the industry as a whole.
Definitions:
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Sources:
– Nauticus Robotics (no URL provided)
– Shell PLC (no URL provided)