Nauticus Robotics Completes $2 Million Debt-to-Equity Exchange, Secures $50 Million Investment Agreement

Nauticus Robotics has finalized a $2 million debt-to-equity exchange with an institutional investor and secured a strategic investment of up to $50 million to enhance offshore manufacturing capabilities in the UAE. This move is crucial for strengthening its financial position and expanding operational capacity in the industrial sector.

Published Mar 31, 2026

Nauticus Robotics, Inc. (NASDAQ: KITT) completed a $2 million exchange of a senior secured convertible note for 2,023 Series C convertible preferred shares on March 27. This transaction is part of previously disclosed amendments allowing certain investors to convert notes into preferred stock, relying on exemptions under the Securities Act of 1933.

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Nauticus Robotics also secured a strategic investment agreement with Master Investment Group for up to $50 million, initially deploying $3 million to establish an offshore manufacturing and service center in the UAE. Furthermore, the company issued a $1 million convertible note, maturing in September 2026, as part of a securities purchase agreement.

Leadership changes include the appointment of Dr. Kjerstin