Nauticus Robotics Inc (KITT)

[Drugdoctor]

Really nice to see the stock rally AFTER a conference call. Sounds like a government contract is in the works... No dilution so far, so investors are quite happy to buy and hold here.

[ollik78]

100% correct 👍

[retireat40]

Nope

[glenn1919]

KITT....................https://stockcharts.com/h-sc/ui?s=KITT&p=W&b=5&g=0&id=p86431144783

[ollik78]

Hello Kitty
Give me 4$ on Monday ;)

[stockrider]

Shortie in big trouble here. Short squeeze can take this to $10+ with this low float. Monday and early next week is going to be epic

[Roadtojourney]

Already traded 22 milly, which means dilution might have started imo?? Another rs coming soon.

[stockrider]

Float is super tiny on this, going to get squeezed hard, any short covering is going to make this explode

[Roadtojourney]

And there it goes to trash?? What a waste??

[Monksdream]

Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

[TrendTrade2016]

ALGO WASH...SHORTS WILL TAKE HOLD

[Awl416]

Nauticus Robotics Enters Aquanaut Mark 2 Testing Partnership with FAU

[subslover]

Nauticus Robotics Enters Aquanaut Mark 2 Testing Partnership with FAU
HOUSTON, Aug. 8, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces a partnership with Florida Atlantic University (FAU) for further testing of its flagship underwater vehicle, Aquanaut Mark 2.


Nauticus has contracted with FAU to perform Aquanaut Mark 2 vehicle development testing in the protected waters near the university's Institute for Ocean and Systems Engineering Dania Beach facilities as well as in the deeper waters of the Atlantic Ocean. This partnership is expected to result in approximately 90% savings on vehicle development testing. This phase of testing requires both shallow and deeper waters to fully test functionality while maintaining real-time communication via tether for instant feedback. It also provides the opportunity to carry out tetherless missions that simulate operations the Aquanaut vehicle is designed to accomplish. Without this partnership, testing in mid-range water depths would require the use of more expensive ocean-going vessels.

"Working at FAU this summer has provided a perfect platform to efficiently test the Aquanaut vehicle, in both protected waters for product development and open waters for data collection and sea trials. The location, and campus, at FAU has allowed us to expedite the Aquanaut system technology in preparation for commercial use," stated Daniel Dehart, Nauticus Robotics' Vice President of Field Operations.

Nauticus plans to continue testing Aquanaut vehicles in conjunction with FAU. The Aquanaut vehicle currently undergoing its final testing will move to the Gulf of Mexico later this month to begin commercial operations. Once ready, the second Aquanaut vehicle is planned to take its place at FAU to continue development of the next round of capabilities.

The Aquanaut vehicle leverages Nauticus' proprietary ToolKITT software, a versatile and platform-independent solution previously tested across various subsea vehicle classes. By harnessing the power of ToolKITT and the pioneering design of Aquanaut, Nauticus is spearheading the industry's shift from traditional tethered operations to augmented autonomy. This initiative aims to fully transform subsea operations into autonomous, highly efficient processes.

[glenn1919]

KITT..........................https://stockcharts.com/h-sc/ui?s=KITT&p=W&b=5&g=0&id=p86431144783

[TrendTrade2016]

KITT...5.11 COMING IN

[TrendTrade2016]

KITT 4.08 MAGNET...SECOND MAGNET 5.11

[Poundthetable]

Nice action here today with KITT

[TrendTrade2016]

KITT 4.08 MAGNET

[PonkenPlonken]

wants to

[TrendTrade2016]

KITT..HERE WE GO

[TrendTrade2016]

KITT POST SPLIT MOVE COMING IN...2 MILLION FLOAT

[Moonboy1]

These companies are getting really good at enticing people to buy the stock so they can dump so management can make way more than they are worth. What a POS this one is. This is like the 3rd one this week I've seen spike in the morning and then dump way below it even started. It's high time the Nasdaq tighten it's rules in these scams

[glenn1919]

KITT.............................https://stockcharts.com/h-sc/ui?s=KITT&p=W&b=5&g=0&id=p86431144783

[Zardiw]

$KITT - #8KSpy Alert on 8K Filing:

https://www.sec.gov/ix?doc=/Archives/edgar/data/1849820/000184982024000172/kitt-20240718.htm

Z

[Hole shot King]

$KITT

https://seekingalpha.com/article/4693152-nauticus-robotics-inc-kitt-q1-2024-earnings-call-transcript?utm_source=otcmarkets&utm_medium=referral&feed_item_type=transcript

Now, the first is, we need for you to vote yes on the reverse split item number three of the Special Meeting being hosted on May 20, 2024. We want to remain listed. There are two requirements, bid price and market cap. We have until July 22, 2024 to cure having a bid price below $1. We have until August the 13, 2024 to cure the market cap being less than $35 million.


Our second issue, the reverse split does not cure the market cap compliance issue with NASDAQ. We do believe with the cure of the bid price, with the reverse split, we can successfully gain an extension of six months from August 13, 2024 to cure the market cap shortfall. We believe the increase in services revenue from leasing Aquanaut in the third quarter will help close the gap on market cap.

[jonner]

What's the catalyst for the breakout today?

[triannual]

Really? When did they do a filing to ad to the outstanding shares. I haven't seen anything.

[jonner]

Holding .13 in post-market

[jonner]

I'll have to check later but I believe news is coming out either next month or in August about their progression.

[Moonboy1]

So why is this on the Nasdaq like 500 other companies under $1. OTC I think has a better track record lately

[Moonboy1]

Now what is support? Haha. It's in the 13s. A lot of these companies try and run their stock into the gutter just so they can reverse split and dilute

[jonner]

More dilusion and eventually an R/S?

[2248]

Thank you

[limer814]

Yes

[2248]

Is the Stock Market open tomorrow ?

[glenn1919]

KITT...................................https://stockcharts.com/h-sc/ui?s=KITT&p=W&b=5&g=0&id=p86431144783

[MightyX]

Nice post market trading

[jonner]

Please tell me if I'm wrong but,
The support that I'm seeing is
.14/.15/.17

Resistance is
.21/.23/.27


Short interest down 59% since last report.

[Moonboy1]

I never hold penny stocks past noon on a Friday. People sell to trade crypto on the weekends.Paid off on this one. Tanking hard

[Moonboy1]

Right back down to where it started. POS.

[MightyX]

Breakeven at .23’s nice movement

[Moonboy1]

Yep like I said. Nothing but a dead cat bounce. Now fell under support again. Toast in my opinion. GL.

[Moonboy1]

Dead cat bounce today? Sell the news event Monday?

[jonner]

I'm tempted to sell but I think that I should hold until the conference to make a decision

[jonner]

Woah! What a rush today.

[jonner]

I'm feeling the same as you. I believe that they're trying to maintain a reputable reputation. I see a nice future for their technology in the private and government sectors.

Since the CEO is former Texas senator, he probably has some government contracts up his sleeve to get this baby alive and kicking. He might know how to get foreign contracts as well.

I wish I had more cash to double down on the low.
The phone conference is on 17th and I think we'll be amused afterwards. Make a list of questions and make sure you attend.

[MightyX]

The companies that “don’t care” focus on company fundamentals..not wasting time on fraudulent trading outside their control..they can control company operations, not the market. The market can deceive the public by saying look at the price, do you believe it’s real or not? I believe it’s real in the sense that I really own shares at that breakeven price but do I believe the company agrees with the value it reflects? No.

[MightyX]

Looking like a nice reversal coming

[Moonboy1]

Kicked off

[Moonboy1]

How do you offer shares when you are under $1 and non compliant with the nasdaq? Just really zed this. So I guess the nasdaq is a joke and there really is no way to get kids clear off anymore. Seems the rules are so lax the companies don't even care