Robert Mendrala's questions to Nauticus Robotics (KITT) leadership • Q1 2025
Question
Asked about the confidence in the $16M revenue target, the expected revenue from software sales over the next couple of years, and the rollout of the Leidos partnership, including if it's a potential exit strategy.
Answer
Management reiterated the $16M target is a plan, with a 75/25 split between asset utilization and software/tech deals. They see significant potential in software for autonomy, which is platform-agnostic. Regarding Leidos, they cannot comment on exit strategies but are working with them, though the focus remains on the faster-moving commercial market due to the lumpiness of defense contracts.