Nauticus Robotics, a Houston-based developer of cloud-based surface and subsea robots, software, and associated services, and CleanTech Acquisition, a publicly traded special purpose acquisition company, have entered into a definitive business combination agreement that will result in Nauticus becoming a publicly listed company.
Upon closing of the transaction, CleanTech Acquisition (CLAQ) will be renamed Nauticus Robotics and is expected to remain listed on Nasdaq under the new ticker symbol “KITT”. Nauticus is being valued at more than $500 million.
Nauticus develops revolutionary cloud-based autonomy software to enable a smarter and more sustainable ocean industry using its fleet of autonomous robots from the surface to the seabed. [Read more…] about Nauticus Robotics valued at more than $500 million as it becomes publicly traded company via merger with CleanTech