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Nauticus Robotics and MMA Offshore Sign Memorandum Of Understanding to Deploy Aquanauts Into Asia-Pacific
Autonomous Ocean Robotics Leader Further Expands Global Presence Following Recent Entry into European Markets HOUSTON, Sept. 11, 2023 (GLOBE NEWSWIRE) --
About this update from Nauticus Robotics, Inc.
[{"type":"text","content":"Autonomous Ocean Robotics Leader Further Expands Global Presence Following Recent Entry into European Markets\nHOUSTON, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean economies, today announced that it has signed a memorandum of understanding (“MOU”) with MMA Offshore Limited (“MMA Offshore”) (ASX: MRM), a global provider of high-specification vessels and a comprehensive suite of marine and subsea services to the offshore energy sector, government and defense, and wider maritime industries. The MOU focuses on developing an integrated service offering to provide more cost-efficient and environmentally friendly maintenance of subsea infrastructures in the Asia-Pacific region and provides a pathway to integrate Nauticus’ services into MMA Offshore’s offerings. Aquanaut’s machine intelligence and supervised autonomy capabilities enable the use of smaller service vessels previously not utilized for IMR. MMA own and operate such vessels. By combining capabilities Nauticus and MMA can offer a more economical solution compared to conventional methods. The partnership with MMA Offshore is yet another milestone to bolster Nauticus’ strategic global presence and follows the recent announcement to deploy its autonomous robot, Aquanaut, in Brazil to service Petrobras assets. Earlier in the year, Nauticus had initiated its international expansion with the announcement of opening operating bases in Stavanger, Norway and Aberdeen, Scotland. “This MOU is just one in a series of strategic moves we are making to disrupt autonomous subsea robotics and solidify our place as the industry leader in the field,” said Nicolaus Radford, founder and CEO of Nauticus. “Aligning with an established industry player, such as MMA Offshore, in multiple offshore markets provides a significant opportunity for Nauticus to continue expanding its reach and international customer base.” “MMA is excited to have entered into this exclusive partnership with Nauticus Robotics and looks forward to being able to integrate their leading autonomous robotic and AI software technology into its subsea services,” said Tom Radic, Executive General Manager Subsea at MMA Offshore. “This partnership will en...