Nauticus Robotics Inc, a developer of ocean robots and artificial intelligence for autonomous services, has signed a service contract with Shell plc for inspection services on a Shell subsea field development in the Gulf of Mexico. The financial terms of the agreement were not disclosed.
The contract includes the possibility of future inspection service projects, indicating a potential long-term collaboration between the two companies. Nauticus successfully completed the qualification phase for autonomous subsea operations during the inspection services, positioning itself as a reliable partner for Shell.
The flagship autonomous subsea robot, Aquanaut, developed by Nauticus, will be deployed for this project. The robot will perform noncontact and contact inspections across an extensive subsea complex without the need for an umbilical. During the operation, a remote pilot will collaborate with Aquanaut through Nauticus’ acoustic communications link to ensure safe operations.
“We now have the opportunity to become the preferred supplier for Shell’s advanced work,” said Nicolaus Radford, CEO of Nauticus Robotics. This service contract gives Nauticus long-term visibility for inspection, maintenance, and repair services, further strengthening its position in the offshore industries.
In addition to its collaboration with Shell, Nauticus Robotics recently secured a contract with Petrobras for its autonomous robot. These partnerships highlight the growing demand for efficient, autonomous solutions in the offshore sector.
As of Thursday, shares of Nauticus Robotics were trading at $1.96, reflecting a 2.48% decrease.
Sources:
– Shell plc
– Nauticus Robotics Inc
– Petrobras