Depth

Nauticus Robotics Raises $12M in Funding to Execute 2024 Goals, including Industry-changing 'Augmented Autonomy' for Subsea Robots

Retrieved on: 
Monday, February 5, 2024

HOUSTON, Feb. 5, 2024 /PRNewswire/ -- Nauticus Robotics (NASDAQ: KITT), a leading developer of subsea robots and software, announces securing over $12M net today, part of a second tranche of investment.

Key Points: 
  • HOUSTON, Feb. 5, 2024 /PRNewswire/ -- Nauticus Robotics (NASDAQ: KITT), a leading developer of subsea robots and software, announces securing over $12M net today, part of a second tranche of investment.
  • The new investment will expedite certification of Nauticus' flagship robot, the Aquanaut , which facilitates the transformation of tethered ROV operations to fully autonomous operations.
  • The new investment comes only weeks after the company announced a change in leadership, including a new CEO, CFO and lead General Counsel.
  • The forecasted efficiency improvements for existing platforms using 'tethered autonomy' will exceed 20%, while simultaneously reducing emissions and increasing safety for all subsea robots.

Nauticus Robotics Secures Additional Funding, Appoints New Executive Management, Improves Operations and Cost Structures, and Engages Strategic Advisor

Retrieved on: 
Wednesday, January 10, 2024

Nauticus anticipates executing a second tranche of investment, discussions for which are ongoing and aimed at providing funding for the year.

Key Points: 
  • Nauticus anticipates executing a second tranche of investment, discussions for which are ongoing and aimed at providing funding for the year.
  • This includes the engagement of a new executive management team, culminating in the promotion of John W. Gibson, Jr. to interim CEO on January 4, 2024.
  • He has served as the President of Nauticus since last October and on the Board of Directors since 2022.
  • JD Yamokoski, the Company's long-time Chief Technology Officer, remains with Nauticus and rounds out the executive management team.

Linux Foundation, ISC2 and OpenSSF Collaborate to Target Secure Code Development

Retrieved on: 
Thursday, November 2, 2023

SAN FRANCISCO, Nov. 2, 2023 /PRNewswire/ -- Linux Foundation Training & Certification, ISC2, and Open Source Security Foundation (OpenSSF) today announced a new collaboration to empower the open source cybersecurity community through secure software development, knowledge sharing, education, certification and much more. Together, the three organizations will lead the way to secure software development and lifecycle management for open source code.

Key Points: 
  • Together, the three organizations will lead the way to secure software development and lifecycle management for open source code.
  • Providing an authoritative voice on cybersecurity regulations, requirements and best practices, with an emphasis on secure collaborative software development.
  • "Secure open source code is critical, as it is the bedrock of so much innovation around the globe.
  • "Education is one of the best ways to ensure that open source software is secure by construction," said Omkhar Arasaratnam, GM, OpenSSF.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PNT, RENB, KITT, APRN

Retrieved on: 
Sunday, October 8, 2023

If you are a POINT Biopharma shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a POINT Biopharma shareholder, click here to learn more about your rights and options .
  • If you are a Renovaro shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

KITT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Nauticus Robotics, Inc. Is Fair to Shareholders

Retrieved on: 
Tuesday, October 3, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Nauticus Robotics, Inc. (NASDAQ: KITT) and 3D at Depth, Inc. is fair to Nauticus shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Nauticus Robotics, Inc. (NASDAQ: KITT) and 3D at Depth, Inc. is fair to Nauticus shareholders.
  • Under the terms of the proposed transaction, 3D security holders will receive approximately 9.9326 shares of Nauticus common stock for each share of 3D common stock equivalent they own.
  • On behalf of Nauticus shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Nauticus Robotics to Acquire 3D at Depth in All-Stock Transaction

Retrieved on: 
Tuesday, October 3, 2023

“The future of subsea services lies in autonomy, data gathering, and analytics,” said Nicolaus Radford, Nauticus’ Founder and CEO.

Key Points: 
  • “The future of subsea services lies in autonomy, data gathering, and analytics,” said Nicolaus Radford, Nauticus’ Founder and CEO.
  • “The Nauticus Robotics and 3D at Depth combination creates a compelling solution for the subsea market and should help improve our products and services for all our clients,” said Carl Embry, founder and CEO of 3D at Depth.
  • Upon closing of the transaction, 3D will operate as a division of Nauticus.
  • Mast Capital Advisors is acting as the exclusive financial advisor to Nauticus and Winston & Strawn LLP is serving as legal counsel to Nauticus in connection with the transaction.

3D at Depth Recruit Technical Sales Lead to Promote Latest Subsea Surveillance Technology

Retrieved on: 
Tuesday, August 1, 2023

HOUSTON, Aug. 1, 2023 /PRNewswire/ -- 3D at Depth, the global leader in commercial subsea LiDAR laser technology, have recruited Mark Baisa to manage their Technical Sales and Business Development for North America.

Key Points: 
  • HOUSTON, Aug. 1, 2023 /PRNewswire/ -- 3D at Depth, the global leader in commercial subsea LiDAR laser technology, have recruited Mark Baisa to manage their Technical Sales and Business Development for North America.
  • Manning continues, "Mark's subsea survey technical knowledge and experience will lend tremendously towards our recent launch of our SL6.
  • For more information about 3D at Depth's technologies; www.3datdepth.com
    Issued on behalf of 3D at Depth by HHE Business.
  • Its advanced Subsea LiDAR laser (SL) systems and subsea survey services enable clients to extract more value from underwater 3D data.

3D at Depth Recruit Technical Sales Lead to Promote Latest Subsea Surveillance Technology

Retrieved on: 
Tuesday, August 1, 2023

Manning continues, "Mark's subsea survey technical knowledge and experience will lend tremendously towards our recent launch of our SL6.

Key Points: 
  • Manning continues, "Mark's subsea survey technical knowledge and experience will lend tremendously towards our recent launch of our SL6.
  • For more information about 3D at Depth's technologies; www.3datdepth.com
    Issued on behalf of 3D at Depth by HHE Business.
  • Its advanced Subsea LiDAR laser (SL) systems and subsea survey services enable clients to extract more value from underwater 3D data.
  • To learn more and gain insight into the range of solutions and services provided by 3D at Depth, visit www.3datdepth.com , LinkedIn, and 3D at Depth on Twitter, Facebook and Instagram.

Cellula Robotics Ltd. Strengthens Leadership Team with New Corporate Development Officer, Neil Manning

Retrieved on: 
Tuesday, July 18, 2023

Neil Manning brings an exceptional wealth of experience to Cellula, with an impressive career spanning over 27 years in the Submarine Telecommunications and Oil & Gas industries.

Key Points: 
  • Neil Manning brings an exceptional wealth of experience to Cellula, with an impressive career spanning over 27 years in the Submarine Telecommunications and Oil & Gas industries.
  • "Being part of this team and contributing to the company's mission is incredibly exciting," remarks Neil Manning.
  • Throughout his distinguished career, Neil Manning has demonstrated remarkable leadership capabilities, building top-performing teams and implementing effective organizational structures.
  • With Neil Manning onboard as the Corporate Development Officer, Cellula Robotics Ltd. is poised to forge ahead as an industry leader, embracing innovation and driving transformative advancements in AUV systems and subsea fuel-cell power.

Garmin announces its title sponsorship of the world-renowned freediving event: Vertical Blue 2023 By Garmin

Retrieved on: 
Tuesday, June 27, 2023

OLATHE, Kan., June 27, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announces its inaugural title sponsorship of the Vertical Blue freediving competition. This collaboration establishes Garmin as the official sponsor of one of the world's premier freediving extravaganzas. The Vertical Blue 2023 by Garmin will take place from July 20 to July 30 at Dean's Blue Hole in the Bahamas, offering a deep diving challenge for freediving enthusiasts.

Key Points: 
  • Introducing the Vertical Blue 2023 by Garmin: A Celebration of the Depths
    OLATHE, Kan., June 27, 2023 /PRNewswire/ -- Garmin (NYSE: GRMN) today announces its inaugural title sponsorship of the Vertical Blue freediving competition.
  • The Vertical Blue 2023 by Garmin will take place from July 20 to July 30 at Dean's Blue Hole in the Bahamas, offering a deep diving challenge for freediving enthusiasts.
  • Regarded as the "Wimbledon of Freediving" by The New York Times, the Vertical Blue event draws the crème de la crème of freediving athletes from around the globe.
  • Garmin's commitment to the 2023 Vertical Blue event contributes to the success of athletes and the development of this exhilarating sport.