Nauticus Robots Will Go Public Via $560M SPAC Merger
The Street
By Tony Owusu Nauticus makes artificial intelligence software for ocean robots. Nauticus Robots, a developer of cloud-based IO software for ocean robots and services, announced that it is going public through a reverse merger with special purpose acquisition company CleanTech Acquisition Corp. The company, which was founded by ex-NASA engineers, will have a pro forma equity value of $561 million with cash on hand of about $222 million following its merger with CleanTech. “The ocean will be the epicenter in our fight against climate change and the offshore ocean services industry has signaled t… Read More “Nauticus Robots Will Go Public Via $560M SPAC Merger”