Nauticus and Forum Energy Technologies Unite to Advance Subsea Robotics and Autonomy

Nauticus and Forum Energy Technologies Strengthen Subsea Robotics

Introduction
In a significant advancement in underwater technology, Nauticus Robotics, Inc., listed on NASDAQ as KITT, has formed a manufacturing and sales alliance with Forum Energy Technologies, Inc. (NYSE FET). This partnership seeks to leverage Nauticus’ innovations in autonomous subsea robotics, allowing for enhanced operational efficiencies and safety in various marine applications.

Collaboration Details
Under this agreement, Forum Energy Technologies will primarily focus on the commercialization, manufacturing, and distribution of Nauticus' groundbreaking Olympic Arm™ electric manipulator system. This collaboration maximizes both companies' expertise, fusing Nauticus' pioneering work in intelligent control technologies with Forum's established manufacturing capabilities.

Neal Lux, CEO of Forum Energy Technologies, articulated the collaboration's importance, underlining their shared goal to pioneer all-electric technologies that bolster efficiency and reliability in subsea endeavors. The partnership is poised to open up new avenues for enhanced electric manipulation systems, fulfilling urgent industrial demands and broadening market access.

Technology at Work
The Olympic Arm™ system is designed to revolutionize how subsea tasks are executed, showcasing significant improvements in reliability, reduced maintenance needs, and paving the path for future intelligent control capabilities. A recent project off the U.S. Gulf Coast, which utilized Nauticus' ToolKITT™ autonomy platform, received accolades for its performance and reliability, showcasing the substantial impact of this collaboration in real-world settings.

John Gibson, the President and CEO of Nauticus Robotics, emphasized that this manufacturing partnership is a leap forward in bringing innovative manipulation technologies to the broader market. He noted that while Forum Energy Technologies excels in manufacturing and global outreach, Nauticus offers advanced autonomy solutions, transforming subsea manipulations significantly.

Path Forward
Moving forward, both companies will focus on refining the Olympic Arm™ design for better serviceability and reliability, ensuring it meets stringent offshore operational standards. The roadmap also includes future enhancements in the ToolKITT™ platform, which aims to encompass perception-driven task automation and real-time decision-making, enhancing safety and operational efficiency in complex underwater environments.

Nauticus Robotics is steadfast in its mission to develop cutting-edge robots tailored for the ocean industries, leveraging AI, sensors, and advanced algorithms. Simultaneously, Forum Energy Technologies aims to double its revenue by 2030 through strategic partnerships and innovation, aligning perfectly with Nauticus’ technology trajectory.

As the underwater sector faces growing challenges, this partnership offers promising solutions, setting the stage for smarter, safer, and more efficient operations in subsea exploration and infrastructure maintenance. Through this alliance, both companies are not just addressing current industry needs, but are also driving the future of underwater technology operations.

Conclusion
The collaboration between Nauticus Robotics and Forum Energy Technologies exemplifies how strategic partnerships in technology can lead to remarkable advancements, transforming traditional operational methodologies into smart, efficient solutions. With the focus on automation and intelligent control, Nauticus and Forum Energy are paving the way for the next generation of subsea robotics, ensuring a sustainable and innovative future for underwater operations.