PresentationPeter GastreichWater Tower Research LLC Thank you for joining us today for a fireside chat with John Gibson, the Chief Executive Officer of Nauticus Robotics, NASDAQ ticker KITT. I'm Peter Gastreich, Energy Transition and Sustainable Investing Analyst here at Water Tower Research. Nauticus develops autonomous underwater drone or AUD robots and software that service ocean industries like offshore oil and gas, wind power, defense and deep sea mineral exploration. Its electric-powered robots enhan ...

Nauticus Robotics (NasdaqCM:KITT) Fireside chat March 24, 2026 02:00 PM ET Company ParticipantsJohn Gibson - CEOConference Call ParticipantsPeter Gastreich - Energy Transition and Sustainable Investing AnalystPeter GastreichThank you for joining us today for a fireside chat with John Gibson, the Chief Executive Officer of Nauticus Robotics, Nasdaq ticker KITT. I'm Peter Gastreich, energy transition and sustainable investing analyst here at Water Tower Research. Nauticus develops autonomous underwater drone ...

Core Insights - Nauticus Robotics, Inc. will participate in the Water Tower Research Fireside Chat on March 24, 2026, featuring CEO John Gibson [1][2] - The event aims to discuss various topics related to the company's operations and future strategies, and it is open for all investors to join [2] Company Overview - Nauticus Robotics specializes in developing autonomous robots for ocean industries, utilizing sensors, AI, and algorithms for effective decision-making [3] - The business model includes providing robotic systems for services, selling vehicles and components, and licensing software to both commercial and defense sectors [3] - The company is testing a new generation of vehicles designed to lower operational costs and enhance data collection for subsea infrastructure maintenance [3] Technology and Services - Nauticus' technology products aim to retrofit and upgrade traditional ROV operations and third-party vehicle platforms [3] - The services offered by Nauticus focus on data collection, analytics, and subsea manipulation, which help reduce operational footprints and greenhouse gas emissions [3] Strategic Focus - The company is positioning itself for growth through leadership and team building, aiming for successful delivery and expansion [4] - Nauticus employs capital-light licensing strategies for software and autonomous underwater vehicles, enhancing its competitive position [4] - The company has seen successes in 2025 and is accelerating testing for its products [4] International Expansion - Nauticus is strategizing its entry into the UAE market and exploring potential opportunities in other regions [4] Future Outlook - The company is focusing on financing strategies and setting targeted milestones for the upcoming year [4]

Core Viewpoint - Nauticus Robotics Inc (NASDAQ:KITT) is experiencing bearish pressure on its stock due to the announcement of a new convertible debt issuance, which raises concerns about potential future share dilution [1]. Group 1: Convertible Debt Issuance - Nauticus issued a convertible note with an aggregate principal amount of approximately $1.02 million, due in 2026, to an institutional investor [2]. - The note is convertible into 1,717,281 common shares at a conversion price of $0.5942 per share and matures on September 9, 2026, unless repaid earlier [2]. - This issuance is part of a securities purchase agreement dated November 4, 2024, and carries the same terms as previous notes issued under that agreement [3]. Group 2: Market Reaction and Stock Performance - Investors are cautious about the convertible financing due to the potential increase in the number of shares outstanding, which could pressure existing shareholders [4]. - Following the announcement, KITT shares fell by 20.59% to $0.80, nearing its 52-week low of $0.66 [5].

Core Insights - Nauticus Robotics, Inc. is enhancing its leadership team and expanding manufacturing capabilities to accelerate growth and commercialization of its autonomous subsea robotics and AI-driven solutions [1] Leadership Enhancements - Dr. Kjerstin "Kj" Easton has been appointed as Vice President of Software, bringing over a decade of experience in software development and AI, which will strengthen Nauticus' autonomy software platform, Nauticus ToolKITT [1] - Chuck Claunch has been named Chief Software Architect & Principal Software Engineer, focusing on networked robotics to support integration into broader defense and commercial robotic ecosystems [1] - Jason Close has transitioned to Vice President of Growth & Go-To-Market, tasked with leading global go-to-market execution and revenue growth initiatives [1] Manufacturing Expansion - The commitment from Master Investment Group will support the construction of additional Aquanaut vehicles, enhancing Nauticus' manufacturing capabilities to meet growing demand [1] - The company is aligning its organization to focus on expansion across energy and defense markets, product-driven revenue growth, and increased vehicle production [1] Commercialization Strategy - Nauticus is entering a commercialization phase, with a focus on product adoption, strategic partnerships, and measurable revenue growth [1] - The company aims to revamp its corporate website and brand positioning while strengthening customer partnerships [1] Product and Market Focus - Nauticus is developing autonomous robots for ocean industries, utilizing AI and sensor technology to improve operational efficiency and reduce costs [1] - The company’s business model includes selling robotic systems, components, and licensing software to both commercial and defense sectors [1]

Core Viewpoint - Nauticus Robotics has signed a strategic investment agreement with Master Investment Group for up to $50 million to support its UAE business unit and expand its operations in the region [1] Group 1: Investment Details - The agreement includes an initial investment tranche of $3 million for startup activities in the UAE [1] - Additional capital will be available to support further expansion of Nauticus' operations [1] Group 2: Operational Plans - The investment aims to establish Nauticus' first international manufacturing and offshore robotics services hub in the UAE [1] - Nauticus plans to create a dedicated manufacturing, sales, and offshore services business unit in the UAE [1] - Initial facility sites for the hub are already under evaluation [1] Group 3: Strategic Support - Master Investment Group will fund facility development, workforce localization, and initial manufacturing capabilities [1] - The operation is positioned to become a regional center for advanced subsea robotics [1] - Nauticus has initiated the formation of a local legal entity in the UAE and identified a potential site for the planned facility [1] Group 4: Market Deployment - Master Investment Group will assist Nauticus in securing an initial Aquanaut deployment contract in the region [1] - The collaboration aims to facilitate early commercial adoption of Nauticus' autonomous subsea technology [1] - The proposed transaction is subject to required third-party and governmental approvals, with initial operational capability anticipated in 2026 [1]

Core Insights - Nauticus Robotics, Inc. has announced a strategic investment agreement of up to $50 million with Master Investment Group to establish a manufacturing and offshore services hub in the UAE [1][5] - The initial investment tranche of $3 million will support the startup activities of Nauticus' UAE business unit, with additional capital available for further expansion [1][5] Group 1: Investment and Expansion Plans - The agreement aims to create a dedicated manufacturing, sales, and offshore services business unit in the UAE, with initial facility sites under evaluation [2] - Master Investment Group will fund facility development, workforce localization, and initial manufacturing capabilities, positioning the operation as a regional center for advanced subsea robotics [2][5] Group 2: Operational Readiness and Local Engagement - Nauticus has initiated the formation of a local legal entity in the UAE and identified a potential site for the planned facility to accelerate mobilization and operational readiness [3] - Master Investment Group will assist Nauticus in securing an initial Aquanaut deployment contract in the region, leveraging local relationships for early commercial adoption [3] Group 3: Strategic Goals and Job Creation - The collaboration supports Nauticus' strategy to scale manufacturing, expand international market access, and accelerate revenue-generating offshore services [5] - The partnership aims to create local jobs, share technology, and align with national industrial strategies in the UAE [6] Group 4: Management Commentary - Sheikh Abdulla Al Qassimi, Managing Director of Master Investment Group, emphasized the commitment to establishing advanced robotics capabilities in the UAE and the long-term potential of the collaboration for local talent and sustainable industrial infrastructure [7] - John Gibson, President and CEO of Nauticus Robotics, highlighted that the investment represents a significant step in the company's global growth strategy, allowing for accelerated deployment and reduced delivery timelines [8] Group 5: Transaction Status - The proposed transaction is subject to required third-party and governmental approvals, with initial operational capability anticipated in 2026 [8]

Core Insights - Redwire Corporation is transitioning from a space manufacturing firm to a critical infrastructure vendor, with stock trading in the $11-$12 range and showing bullish signals through insider buying [2][6][7] - The company reported a revenue of $103.4 million in Q3 2025, a 50.7% year-over-year increase, and has a backlog of $355.6 million, indicating sustained revenue growth [6] - Ondas Holdings is experiencing rapid growth with a 582% increase in revenue to $10.1 million in Q3 2025, driven by demand in the defense sector [10][12] - Nauticus Robotics is undergoing a turnaround, recently achieving deep-sea testing success, which has opened commercial opportunities with major energy companies [14][16] Company Summaries Redwire Corporation - Redwire has pivoted to become a hybrid defense player, acquiring Edge Autonomy to supply unmanned aerial systems to defense clients [7] - The company's space division continues to thrive with Roll-Out Solar Arrays (ROSA), essential for the International Space Station [8] - Insider buying from executives suggests confidence in the stock's undervaluation [2][5] Ondas Holdings - Ondas specializes in autonomous drone technology and has seen significant interest from institutional traders, indicated by a 142% spike in unusual call options activity [9] - The Iron Drone system has gained traction due to rising demand in conflict zones, expanding Ondas's market reach [12] - The company is positioned for high-velocity growth, despite potential stock volatility [12] Nauticus Robotics - Nauticus is focused on replacing traditional offshore energy ships with autonomous robots, recently achieving a critical milestone with its Aquanaut robot [13][14] - The company has restructured its debt and formed a partnership with Forum Energy Technologies to enhance its manufacturing capabilities [16] - The stock is viewed as a high-risk, high-reward investment opportunity, with potential for significant price appreciation [16] Industry Trends - There is a notable capital rotation towards frontier robotics, emphasizing the value of tangible industrial technology over consumer gadgets [17] - Companies like Redwire, Ondas, and Nauticus are building essential infrastructure for the next generation of the global economy, focusing on sectors with high barriers to entry [17][18] - The frontier robotics sector is showing signs of maturity, with bullish data signals indicating potential for growth in 2026 [18]

Core Viewpoint - The U.S. government is shifting its focus towards the robotics sector, aiming to accelerate the development of artificial intelligence (AI) alongside supporting advanced manufacturing technologies [1] Group 1: Stock Performance - Nauticus Robotics (KITT.US) surged by 30% [1] - iRobot (IRBT.US) increased by nearly 12% [1] - Tesla (TSLA.US) rose by over 1% [1] Group 2: Government Initiatives - The U.S. government plans to promote robotics technology through executive orders, interdepartmental task forces, and industry support policies [1] - This initiative indicates a broader commitment to support emerging frontier fields while advancing AI development [1]

Core Viewpoint - The U.S. government is shifting its policy focus towards the robotics sector, aiming to accelerate the development of artificial intelligence and robotics technologies, which has led to significant stock price increases for companies in this field [1] Group 1: Stock Performance - Nauticus Robotics (KITT.US) surged by 30% [1] - iRobot (IRBT.US) increased by nearly 12% [1] - Tesla (TSLA.US) rose by over 1% [1] Group 2: Government Initiatives - The U.S. government plans to promote robotics technology and advanced manufacturing through executive orders, interdepartmental working groups, and industry support policies [1] - This initiative indicates a broader support for emerging frontier fields alongside AI development [1]