BRIEF-Nauticus Robotics Secures Additional Funding, Appoints New Executive Management

Reuters01-10

Jan 10 (Reuters) - Nauticus Robotics Inc :

* NAUTICUS ROBOTICS SECURES ADDITIONAL FUNDING, APPOINTS NEW EXECUTIVE MANAGEMENT, IMPROVES OPERATIONS AND COST STRUCTURES, AND ENGAGES STRATEGIC ADVISOR

* NAUTICUS ROBOTICS INC: ANTICIPATES EXECUTING A SECOND TRANCHE OF INVESTMENT, DISCUSSIONS FOR WHICH ARE ONGOING

* NAUTICUS ROBOTICS - ENGAGEMENT OF NEW EXECUTIVE MANAGEMENT TEAM, CULMINATING IN PROMOTION OF JOHN W. GIBSON, JR. TO INTERIM CEO ON JANUARY 4, 2024

* NAUTICUS ROBOTICS INC - EXPECTS TO BE OFFSHORE CERTIFYING ITS NEW AQUANAUT MK2 VEHICLE BEGINNING IN EARLY 2024

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