Nauticus Robotics Announces Results for the Third Quarter of 2025

Customer Interest Increases; Original Capabilities and Merchandise Coming Online

, /PRNewswire/ — Nauticus Robotics, Inc. (“Nauticus” or “Firm”) (NASDAQ: KITT), a number one innovator in subsea robotics and plan, this day announced its monetary outcomes for the quarter ended September 30, 2025.

John Gibson, Nauticus Robotics President and CEO, acknowledged, “This changed into a step forward quarter for Nauticus. Advances across our ROV and Aquanaut® applications, alongside with the a hit Nauticus ToolKITT™ integration on third-celebration autos, underscore the strength of our technology and our personnel’s execution. Customer and operator feedback continues to validate the price of self sustaining systems in offshore operations, and we have a stable basis for expanding prolonged-length of time buyer commitments.”

Strategic Acquisition Produces Application Integration Success

The SeaTrepid acquisition performed within the most foremost quarter supplied Nauticus instantaneous obtain admission to to existing remotely operated autos (ROVs). These property had been venerable on industrial projects all the intention through the year whereas also providing the third-celebration car platform for Nauticus ToolKITT set up and attempting out. Winning integration now affords these autos self sustaining navigation and hovering, freeing the human ROV Operators to center of attention on other duties.

Operational Milestones and Project Success

Nauticus remained offshore all the intention through the quarter conducting ROV and Aquanaut work.

• The 2 ROVs persevered operations off the U.S. Gulf Hover. As on hand work for the season began to gradual toward the discontinue of the quarter, one changed into reallocated as the take a look at platform for Nauticus ToolKITT integration. After a hit pool attempting out certification, the plan changed into loaded onto the 2d ROV whereas offshore and venerable to complete offshore certification in October.
• The first Aquanaut robotic performed ultra-deepwater attempting out all of the vogue down to 2,300 meters all the intention through the quarter. This changed into the deepest take a look at ever conducted by Nauticus and is believed to be the deepest ever by an untethered drone in this class of robots.
• The 2d Aquanaut robotic performed its readiness and moved to a lakeside facility in Florida to start attempting out new capabilities for planned implementation all the intention through the 2026 offshore season. With the give a increase to of customers, Nauticus is now using Aquanaut to form new buyer workflows to plot the firm for greater prolonged-length of time contracts.

Customer Inquire of and Outlook

Market response continues to develop. Nauticus expects to host customers at the lakeside facility over the following several weeks. This is able to presumably well provide different for up-shut witnessing of Aquanaut operations and refinement of buyer workflows. Customer-paid demonstrations are also below discussion with several involved parties.

The a hit implementation of Nauticus ToolKITT onto existing ROVs is anticipated to enlarge the client wrong for plan gross sales in 2026. The certification of Nauticus ToolKITT as a product coupled with alive to endorsement from ROV Operators is a sport-changer for the firm.

Monetary Highlights

Income: Nauticus reported third quarter revenue of $2.0 million, in comparison to $0.4 million for the prior-year length and $2.1 million for the prior quarter.

Running Charges: Total prices all the intention through the third quarter had been $7.9 million, a $1.9 million enlarge from the prior-year length and a $0.6 million decrease from Q2 2025.

Adjusted Get Loss: Nauticus reported adjusted get hold of loss of $6.8 million for the third quarter, in comparison to an adjusted get hold of loss of $6.4 million for the identical length in 2024 and an adjusted get hold of loss of $7.4 million for the prior quarter. Adjusted get hold of loss is a non-GAAP measure which excludes the affect of definite devices, as shown within the non-GAAP reconciliation table below.

Get Loss: For the third quarter, Nauticus recorded a get hold of loss of $6.6 million, or in vogue loss per portion of $(2.60). This compares with a get hold of profits of $17.9 million from the identical length in 2024, and a get hold of loss of $7.5 million within the prior quarter.

G&A Cost: Nauticus reported G&A third-quarter prices of $3.0 million, which is an enlarge of $0.2 million in comparison to the identical length in 2024 and a decrease of $1.4 million from the old quarter.

Steadiness Sheet and Liquidity

As of September 30, 2025, the Firm had cash and cash equivalents of $5.5 million, in comparison to $2.7 million as of June 30, 2025.

Convention Name Predominant parts

Nauticus will host a conference name on November 14, 2025 at 9:00 a.m. Central Time to chat about its outcomes for the quarter ended September 30, 2025. To rob half within the earnings conference name, members must gentle dial toll free at +1-800-549-8228, conference ID: 20335, or obtain admission to the hear-handiest webcast at the following link: https://events.q4inc.com/attendee/731089671. A link to the webcast could presumably even be on hand on the Firm’s internet sites (https://ir.nauticusrobotics.com/). Following the conclusion of the name, a recording shall be on hand on the Firm’s internet sites.

About Nauticus Robotics

Nauticus Robotics, Inc. develops self sustaining robots for the ocean industries. Autonomy requires the wide employ of sensors, man made intelligence, and efficient algorithms for idea and decision allowing the robotic to adapt to changing environments. The firm’s industry model involves using robotic systems for provider, promoting autos and diagram, and licensing of linked plan to both the industrial and protection industry sectors. Nauticus has designed and is currently attempting out and certifying a brand new technology of autos to decrease operational price and obtain data to support and operate a mountainous series of subsea infrastructure. Moreover a standalone provider providing and ahead-going through products, Nauticus’ diagram to ocean robotics has also resulted within the vogue of a big selection of technology products for retrofit/upgrading faded ROV operations and other third-celebration car platforms. Nauticus’ providers and products provide customers with the foremost data series, analytics, and subsea manipulation capabilities to give a increase to and support property whereas reducing their operational footprint, operating price, and greenhouse fuel emissions, to pork up offshore health, safety, and environmental publicity.

Cautionary Language Relating to Ahead-Taking a see Statements

This press open incorporates ahead-taking a see statements all the intention through the that diagram of Allotment 21E of the Securities Commerce Act of 1934, as amended (the “Act”), and are intended to indulge within the protection of the stable harbor for ahead-taking a see statements supplied by the Act as well as protections afforded by other federal securities guidelines. Such ahead-taking a see statements embody nonetheless are no longer restricted to: the anticipated timing of product commercialization or new product releases; buyer hobby in Nauticus’ products; estimated operating outcomes and employ of money; and Nauticus’ employ of and desires for capital. On the total, statements which will seemingly be no longer ancient info, in conjunction with statements concerning seemingly or assumed future actions, industry recommendations, events, or outcomes of operations, are ahead-taking a see statements. These statements shall be preceded by, adopted by, or embody the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “could presumably well presumably,” “will,” “must gentle,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends,” or “proceed” or same expressions. Ahead-taking a see statements inherently involve dangers and uncertainties that will motive real events, outcomes, or efficiency to fluctuate materially from those indicated by such statements. These ahead-taking a see statements are based on Nauticus’ administration’s fresh expectations and beliefs, as well as a preference of assumptions concerning future events. There could presumably well presumably moreover be no assurance that the events, outcomes, or trends identified in these ahead-taking a see statements will occur or be performed. Ahead-taking a see statements convey handiest as of the date they’re made, and Nauticus is just not any longer below any duty and expressly disclaims any duty, to interchange, alter, or otherwise revise any ahead-taking a see observation, whether as a outcomes of new data, future events, or otherwise, with the exception of as required by legislation. Readers must gentle fastidiously review the statements put of abode forth within the reports which Nauticus has filed or will file on occasion with the Securities and Commerce Fee (the “SEC”) for a more complete discussion of the dangers and uncertainties going through the Firm and that will motive real outcomes to be materially totally different from those indicated within the ahead-taking a see statements made by the Firm, in particular the sections entitled “Threat Components” and “Cautionary Reward Relating to Ahead-Taking a see Statements” in documents filed on occasion with the SEC, in conjunction with Nauticus’ Annual Document on Comprise 10-Okay filed with the SEC on April 15, 2025. Might perhaps gentle one or more of those dangers, uncertainties, or other factors materialize, or must gentle assumptions underlying the ahead-taking a see data or statements point to wrong, real outcomes could presumably well presumably fluctuate materially from those described herein as intended, planned, anticipated, believed, estimated, or anticipated. The documents filed by Nauticus with the SEC shall be obtained free of price at the SEC’s internet sites at www.sec.gov.

NAUTICUS ROBOTICS, INC.

Unaudited Reconciliation of Get Loss Attributable to Smartly-liked Stockholders (GAAP) to Adjusted Get Loss Attributable to Smartly-liked Stockholders (NON-GAAP)

Adjusted get hold of loss attributable to in vogue stockholders is a non-GAAP monetary measure which excludes definite devices which will seemingly be included in get hold of loss attributable to in vogue stockholders, one of the straight comparable GAAP monetary measure. Items excluded are those which the Firm believes have an affect on the comparability of operating outcomes and are infrequently excluded from published estimates by the investment neighborhood, in conjunction with devices whose timing and/or amount can’t be reasonably estimated or are non-habitual.

Adjusted get hold of loss attributable to in vogue stockholders is presented because administration believes it affords purposeful extra data to investors for evaluation of the Firm’s valuable industry on a habitual basis. As well, administration believes that adjusted get hold of loss attributable to in vogue stockholders is widely venerable by educated analysis analysts and others within the valuation, comparison, and investment suggestions of corporations equivalent to Nauticus.

Adjusted get hold of loss attributable to in vogue stockholders must gentle no longer be realizing of in isolation or as an different for get hold of loss attributable to in vogue stockholders or every other measure of a firm’s monetary efficiency or profitability presented in line with GAAP. A reconciliation of the variations between get hold of loss attributable to in vogue stockholders and adjusted get hold of loss attributable to in vogue stockholders is presented below. Because adjusted get hold of loss attributable to in vogue stockholders excludes some, nonetheless no longer all, devices which have an affect on get hold of loss attributable to in vogue stockholders and must gentle fluctuate among corporations, our calculation of adjusted get hold of loss attributable to in vogue stockholders couldn’t be comparable to in an identical vogue titled measures of other corporations.

SOURCE Nauticus Robotics, Inc.