Nauticus Robotics Signs Sales, Manufacturing Deal With Forum Energy Technologies for Olympic Arm Manipulator System

MT Newswires Live12-11

Nauticus Robotics (KITT) said Thursday that it signed a manufacturing and sales deal with Forum Energy Technologies (FET), covering Nauticus' Olympic Arm electric manipulator system.

Under the agreement, Forum Energy Technologies will be in charge of the Olympic Arm's commercialization, manufacturing, and distribution, Nauticus said. No financial details were disclosed.

The companies agreed to refine the Olympic Arm's design before proceeding with full-scale commercial production.

Nauticus also said it will continue to develop manipulator autonomy capabilities through its Nauticus ToolKITT platform.

Price: 34.87, Change: -0.10, Percent Change: -0.29

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