Nauticus Robotics has recently announced that they have successfully secured a significant service contract with Shell for conducting subsea field inspections in the Gulf of Mexico. This partnership opens up the opportunity for potential future collaborations between the two companies.
The main objective of the contract is to enhance subsea operations and improve overall efficiency and effectiveness. Nauticus Robotics will be integrating their advanced tools and cutting-edge technology into Shell’s subsea asset integrity management lineup. This will revolutionize the process of collecting subsea facility data by using innovative ‘AUV native’ tooling design, supervised autonomy, and recent advancements in remote communications.
To ensure the success of this venture, Nauticus Robotics and Shell will be working closely with industry-leading inspection tooling providers. By leveraging their expertise and technology, the companies aim to fundamentally enhance the accuracy and efficiency of subsea facility data collection.
This collaboration marks a significant milestone in the subsea field inspection industry. With the introduction of advanced tools and state-of-the-art techniques, the partnership between Nauticus Robotics and Shell has the potential to revolutionize subsea operations and set new standards for data collection in this field.
Sources:
– [Source 1 – Name of Source 1]
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KITT Stock Experiences Mixed Performance on September 14, 2023
On September 14, 2023, the stock of Nauticus Robotics Inc, also known as KITT, had a mixed performance. The stock opened at $2.01, slightly higher than the previous day’s closing price of $2.00. Throughout the day, the stock traded in a range of $2.00 to $2.04. The trading volume was 22,266 shares, significantly lower than the average volume over the past three months.
Analysts have provided positive price forecasts for KITT, with a median target price of $3.40. This represents a substantial 67.49% increase from the last recorded price. The consensus among investment analysts is to buy stock in Nauticus Robotics Inc, indicating confidence in the company’s future prospects.
Investors should keep an eye on the upcoming financial results release on November 13, as it may impact the stock value. Conducting further research and monitoring the company’s performance is recommended for making informed investment decisions.
Sources:
– [Source 1 – Name of Source 1]
– [Source 2 – Name of Source 2]