Nauticus Robotics announced on September 25, 2026, that it entered into a non-binding letter of intent with a strategic investor for a private placement equity investment of up to $50 million. The transaction remains subject to due diligence, negotiation, execution of definitive agreements, and closing conditions. The Board is evaluating the proposal and may engage an independent financial advisor. Final terms could result in dilution or a change of control, but there is no assurance the deal will close. Nauticus Robotics develops autonomous subsea robotic systems and autonomy software for commercial and defense sectors.