Nauticus Robotics aims for deep-sea rare mineral exploration with $250M line of credit - The Robot Report

Nauticus Robotics Inc., a subsea robotics developer based in Webster, Texas, has secured a $250 million equity line of credit to accelerate growth and innovation, particularly targeting deep-sea rare earth and mineral exploration. This financing will enable Nauticus to pursue strategic acquisitions that expand its technological capabilities, supporting its broader strategy to contribute to industries critical to the global energy transition. The company emphasizes the importance of rare earth minerals for clean energy, electronics, and defense sectors and aims to play a key role in enabling a responsible supply chain. Nauticus plans to acquire complementary businesses and technologies to enhance its autonomous systems portfolio for sustainable and environmentally responsible subsea resource development. The company’s flagship product, the Aquanaut underwater robot, can operate autonomously or be remotely controlled to perform various underwater tasks such as managing aquaculture projects, repairing oil pipelines, and scanning seabeds. Nauticus recently acquired SeaTrepid International, expanding its subsea service and remotely operated vehicle (ROV) capabilities. Additionally,