Nauticus Robotics, Inc. Announces Acquisition of SeaTrepid International, LLC
Nauticus Robotics, Inc., a renowned innovator in autonomous subsea robotics and software solutions, has successfully completed the acquisition of SeaTrepid International, LLC. The early closing of the transaction highlights the dedication and collaboration between both teams. The combined company will operate under the name Nauticus Robotics, with plans for significant operational growth.
Key Leadership Roles
John Gibson will continue to serve as the CEO and President of Nauticus Robotics, while Bob Christ will lead SeaTrepid Operations. Steve Walsh has been appointed as the Vice President of Sales, responsible for introducing the combined offerings to the market.
Exciting Growth Opportunities
Mr. Gibson expressed his enthusiasm for accelerating the adoption of autonomy in the offshore market, citing the perfect timing for such advancements. Mr. Christ echoed this sentiment, emphasizing the market’s readiness for automation in subsea technology. Mr. Walsh highlighted the vast opportunities for enhancing offshore safety and operational efficiency through innovative robotic solutions.
About Nauticus Robotics
Nauticus Robotics specializes in developing autonomous robots for ocean industries. Their cutting-edge technology leverages sensors, artificial intelligence, and algorithms to adapt to changing environments. The company’s business model includes providing robotic services, selling vehicles and components, and licensing software to commercial and defense sectors. Nauticus aims to reduce operational costs and improve data collection for subsea infrastructure maintenance and operations.
About SeaTrepid International
SeaTrepid International is a leading provider of robotic solutions for various applications, including commercial, public safety, military, and scientific endeavors. With a diverse range of robotic equipment and sensor suites, SeaTrepid serves both inland and offshore customers worldwide.
Forward-Looking Statements
This press release contains forward-looking statements regarding product commercialization, customer interest, operating results, and capital needs. While these statements reflect Nauticus Robotics’ current expectations, actual outcomes may vary due to inherent risks and uncertainties. Readers are encouraged to review the company’s filings with the SEC for a comprehensive discussion of potential risks and uncertainties.
In conclusion, Nauticus Robotics’ acquisition of SeaTrepid International marks a significant milestone in advancing autonomous subsea robotics. The combined expertise of both companies promises exciting innovations in the offshore market. For more information, visit the Nauticus Robotics website.
