HOUSTON, April 4,
2024 /PRNewswire/ -- Nauticus Robotics, Inc.
("Nauticus" or the "Company") (NASDAQ: KITT) today announced the
Company's schedule for releasing its fourth quarter and year end
financial and operating results for the period ended December 31, 2023.
The Company plans to release its fourth quarter and year 2023
financial and operating results after market close on April 9, 2024. The Company plans to host an
earnings conference call on April 10,
2024 at 10:00 am Central Daylight
Time.
To participate in the earnings conference call, participants
should access the webcast at
https://eventmeet.conferencingcenter.com/EventView/login,
conference ID: KITT, or dial toll free at 800-343-4136, conference
ID: KITT.
Jennifer Gooding
Press@narwhalmediagroup.com
Narwhal Media Group
www.narhwalmediagroup.com
135 Madison Avenue
New York, New York 10016
About Nauticus Robotics
Nauticus Robotics, Inc. develops autonomous
robots for the ocean industries. Autonomy requires the extensive
use of sensors, artificial intelligence, and effective algorithms
for perception and decision allowing the robot to adapt to changing
environments. The company's business model includes using robotic
systems for service, selling vehicles and components, and licensing
of related software to both the commercial and defense business
sectors. Nauticus has designed and is currently testing and
certifying a new generation of vehicles to reduce operational cost
and gather data to maintain and operate a wide variety of subsea
infrastructure. Besides a standalone service offering and
forward-facing products, Nauticus' approach to ocean robotics has
also resulted in the development of a range of technology products
for retrofit/upgrading traditional ROV operations and other
third-party vehicle platforms. Nauticus' services provide customers
with the necessary data collection, analytics, and subsea
manipulation capabilities to support and maintain assets while
reducing their operational footprint, operating cost, and
greenhouse gas emissions, to improve offshore health, safety, and
environmental exposure.
Cautionary Language Regarding Forward-Looking
Statements
This press release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended (the "Act"), and are intended to
enjoy the protection of the safe harbor for forward-looking
statements provided by the Act as well as protections afforded by
other federal securities laws. Such forward-looking statements
include but are not limited to: the expected timing of product
commercialization or new product releases; customer interest in
Nauticus' products; estimated 2023 operating results and use of
cash; and Nauticus' use of and needs for capital. Generally,
statements that are not historical facts, including statements
concerning possible or assumed future actions, business strategies,
events, or results of operations, are forward-looking statements.
These statements may be preceded by, followed by, or include the
words "believes," "estimates," "expects," "projects," "forecasts,"
"may," "will," "should," "seeks," "plans," "scheduled,"
"anticipates," "intends," or "continue" or similar expressions.
Forward-looking statements inherently involve risks and
uncertainties that may cause actual events, results, or performance
to differ materially from those indicated by such statements. These
forward-looking statements are based on Nauticus' management's
current expectations and beliefs, as well as a number of
assumptions concerning future events. There can be no assurance
that the events, results, or trends identified in these
forward-looking statements will occur or be achieved.
Forward-looking statements speak only as of the date they are made,
and Nauticus is not under any obligation and expressly disclaims
any obligation, to update, alter, or otherwise revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise, except as required by law. Readers
should carefully review the statements set forth in the reports
which Nauticus has filed or will file from time to time with the
Securities and Exchange Commission (the "SEC") for a more complete
discussion of the risks and uncertainties facing the Company and
that could cause actual outcomes to be materially different from
those indicated in the forward-looking statements made by the
Company, in particular the sections entitled "Risk Factors" and
"Cautionary Note Regarding Forward-Looking Statements" in documents
filed from time to time with the SEC, including Nauticus' Annual
Report on Form 10-K filed with the SEC on March 28, 2023. Should one or more of these
risks, uncertainties, or other factors materialize, or should
assumptions underlying the forward-looking information or
statements prove incorrect, actual results may vary materially from
those described herein as intended, planned, anticipated, believed,
estimated, or expected. The documents filed by Nauticus with the
SEC may be obtained free of charge at the SEC's website at
www.sec.gov.
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SOURCE Nautiucs Robotics (NASDAQ: KITT)
