All going well with Aquanaut. We are back at the dock waiting on spare parts for the ROV TMS (not a Nauticus product). Should be back out tomorrow afternoon. Image below is the ROV TMS (tether management system - too much jargon) as seen from the untethered Aquanaut, yesterday.

The image of the ROV was sent without a tether/wire/fiber connected to the Aquanaut. The image was transmitted via acoustic communication through water from the Aquanaut to the vessel. gibson

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We received an extension from NASDAQ. We have until yearend to be back in compliance. We are executing the plan we presented to obtain the extension. We remain focused on securing inspection data in the GOM. gibson

A couple of images from our first actual inspection of subsea infrastructure. Images are considered very high quality. ~620 meters in the Gulf of Mexico. Team Nauticus has achieved another major milestone. gibson

More images.

Solid day of data collection.

BTW: the lower resolution image was transmitted without a tether using acoustic communications from ~2000’ below the surface. A photo from the bottom without tether. Cool heh. gibson

A couple of questions came in asking about daily revenue range when fully commercial. I will construct and post an answer here next week.

Guidelines for daily revenue: ROV day rates including vessel, generator, & crew range between $30k and $75k per day in the GOM. Aquanaut operating cost are lower than ROVs. We should be cost competitive with better operating margins. We are also investigating carbon credits for

Untethered 670 meters. Sending way points over Accoms. We are well beyond anything other AUVs are capable of untethered. True autonomy.

The pic of Aquanaut is from a ROV that is verifying our untethered capabilities.

Untethered, close enough to use a manipulator or a probe. This is real, untethered, autonomous, and at 2000+ feet below the surface. gibson

Completed inspection work in an inactive and active field. Depths exceeded 3000'. All work done untethered. Back to port waiting on Hurricane Milton to clear out.

Going into an active field. Pic of active tree. Leading the charge in autonomous inspections.

Nauticus Robotics Completes Initial 2024 Gulf of Mexico Field Survey Work for Shell.

Nauticus presents at Brazilian Workshop on New Technology

ToolKITT controlling ROV thrusters. Enabling a paradigm shift. Cool eh!