TruTrade is focused on simplifying how traders interact with advanced AI-driven technology while providing flexibility and control over the trading experience

SCOTTSDALE, Ariz., Aug. 12, 2026 /PRNewswire/ — Advanced trading technology does not have to mean a complicated trading experience. TruTrade, a software company specializing in AI-driven trading technology, is focused on making sophisticated trading tools easier to understand, configure, and use for traders with different levels of experience and different approaches to the markets.

As trading technology has evolved, traders have gained access to increasingly sophisticated tools for automation, market analysis, strategy execution, and risk management. However, more advanced technology can also introduce additional complexity. TruTrade develops its software with an emphasis on simplifying the way users interact with these capabilities, allowing the technology to handle complex processes while providing traders with straightforward controls over their experience.

Through TruTrade’s AI-driven software, users can establish trading preferences and risk parameters while maintaining control over when the technology operates. This approach is designed to reduce the amount of manual interaction required during a trading session without removing the trader from the process. Users can start, pause, or stop the software based on their individual preferences.

TruTrade also recognizes that accessibility means providing different ways to interact with trading technology. RipperONE AI offers a chartless AI-driven trading experience for users who prefer greater automation and less interaction with traditional charts. TruTrade’s Interactive AI Chart-Based Suite provides a more hands-on environment for traders who prefer to engage directly with charts and trading tools.

QuickFund AI complements TruTrade’s software by helping traders obtain funded proprietary trading accounts through compatible third-party proprietary trading firms. The service provides eligible traders with a pathway to access funded trading capital for use with compatible TruTrade technology. Funding decisions are made solely by the selected proprietary trading firm.

As AI continues to influence the development of trading software, TruTrade remains focused on combining advanced technology with an approachable user experience. By simplifying how traders interact with AI-driven tools while preserving flexibility and user control, TruTrade aims to make sophisticated trading technology easier to incorporate into a wider range of trading approaches.

For more information about TruTrade and its AI-driven trading solutions, visit TruTrade.io.

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SOURCE TruTrade

Nauticus ToolKITT™ Commercial Release, Market Diversification and Defense Opportunities Expand Growth Pathways

HOUSTON, Aug. 12, 2026 /PRNewswire/ — Nauticus Robotics, Inc. (“Nauticus” or “Company”) (NASDAQ: KITT), a leading innovator in subsea robotics and software, today announced its financial results for the quarter ended June 30, 2026.

John Gibson, Nauticus President and CEO, stated, “During the second quarter, we continued adapting our business to current market conditions while making important progress toward a more diversified and technology-driven revenue model. We advanced opportunities across key sectors and successfully demonstrated our capabilities in customer operations.

The commercial release of Nauticus ToolKITT™ represents an important step in our strategy to build recurring technology revenue alongside our services business. As we move through the second half of the year, our focus remains on converting these capabilities into commercial opportunities while maintaining disciplined execution and financial flexibility.”

STRATEGIC AND OPERATIONAL HIGHLIGHTS

Nauticus ToolKITT Commercialization

During the quarter, Nauticus successfully deployed a Comanche ROV integrated with Nauticus ToolKITT in customer operations. The system demonstrated improved operating efficiency and reduced pilot workload, providing additional field validation of the Company’s software-enabled approach to subsea operations.

Nauticus also released its Nauticus ToolKITT software for ROVs. The platform is now being marketed to underwater fleet operators across energy and defense markets.

Expanding Market Reach

While offshore oil and gas activity off the US Gulf Coast remained challenging, Nauticus continued diversifying its commercial pipeline.

The Company expanded its presence in offshore wind along the US East Coast, completed work with a major global subsea cable-laying company, and is pursuing additional opportunities on the US West Coast and Internationally.

Nauticus is also evolving its international commercial model to pursue opportunities where the Company can serve as the primary contractor and capture more of the economic benefit created by its autonomous technology.

Defense and Government Opportunities

Nauticus increased its near-term focus on defense and government markets during the quarter, where demand for autonomous systems, subsea awareness and infrastructure security aligns closely with the Company’s existing technology portfolio.

The Company completed an initial scope of work intended to support the evaluation of a broader multiphase defense opportunity. If awarded, the Company anticipates the potential for associated revenue in 2026 and 2027.

Nauticus is also participating in collaborative proposal efforts involving government, commercial, defense, and academic organizations evaluating autonomous approaches to persistent subsea sensing infrastructure.

Technical Development

The Company completed the prototype of its next-generation electric manipulator and began functional and load testing. Nauticus believes the system can provide a lower-cost manufacturing pathway while supporting future commercial and defense applications requiring autonomous subsea interaction.

Aquanaut® also completed the planned freshwater phase of autonomous mooring line and riser inspection workflows at the Company’s Florida test location. Further testing will require access to an appropriate intermediate offshore environment and will depend on customer budget cycles and site availability.

CUSTOMER DEMAND AND OUTLOOK

Nauticus is working to build a broader and more predictable revenue model by increasing pipeline coverage, expanding geographically, growing direct contracting opportunities, and adding software and technology revenue alongside its services business.

The Company is increasing sales activity across International and defense markets while pursuing opportunities designed to better capture the operational efficiencies generated by its autonomous technology.

Management expects Nauticus ToolKITT commercialization, international expansion, defense and government opportunities, and continued technology validation to provide additional pathways for future bookings and backlog growth.

FINANCIAL HIGHLIGHTS

Revenue: Nauticus reported second-quarter revenue of $0.9 million, compared to $2.1 million for the prior-year period and $0.2 million for the prior quarter.

Operating Expenses: Total expenses during the second quarter were $6.9 million, a $1.6 million decrease from the prior-year period and a $1 million increase from Q1 2026. 

Adjusted Net Loss: Nauticus reported adjusted net loss of $7.0 million for the second quarter, compared to an adjusted net loss of $7.46 million for the same period in 2025 and an adjusted net loss of $6.4 million for Q1 2026. Adjusted net loss is a non-GAAP measure which excludes the impact of certain items, as shown in the non-GAAP reconciliation table below.

Net Loss: For the second quarter, Nauticus recorded a net loss of $11.1 million, or basic loss per share of $2.30. This compares with a net loss of $7.4 million from the same period in 2025, and a net loss of $9.3 million in the prior quarter.

G&A Cost: Nauticus reported G&A second-quarter costs of $3.3 million, which is a decrease of $1.1 million compared to the same period in 2025 and a $0.1 million increase from the first quarter in 2026.

Balance Sheet and Liquidity

As of June 30, 2026, the Company had cash, cash equivalents, and restricted cash of $2.0 million, compared to $7.6 million as of December 31, 2025.

CONFERENCE CALL DETAILS

Nauticus will host a conference call on August 13, 2026 at 9:00 a.m. Central Time to discuss its results for the quarter ended June 30, 2026. To participate in the earnings conference call, participants should dial toll free at +1-833-461-5787, conference ID: 989 652 904, or access the listen-only webcast at the following link: https://events.q4inc.com/attendee/989652904. A link to the webcast will also be available on the Company’s IR website (https://ir.nauticusrobotics.com/). Following the conclusion of the call, a recording will be available on the Company’s website.

About Nauticus Robotics, Inc.

Nauticus Robotics, Inc. develops autonomous robots for the ocean industries. Autonomy requires the extensive use of sensors, artificial intelligence, and effective algorithms for perception and decision-making allowing the robot to adapt to changing environments. The company’s business model includes using robotic systems for service, selling vehicles and components, and licensing of related software to both the commercial and defense business sectors. Nauticus has designed and is currently testing and certifying a new generation of vehicles to reduce operational cost and gather data to maintain and operate a wide variety of subsea infrastructure. Besides a standalone service offering and forward-facing products, Nauticus’ approach to ocean robotics has also resulted in the development of a range of technology products for retrofit/upgrading traditional ROV operations and other third-party vehicle platforms. Nauticus’ services provide customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets while reducing their operational footprint, operating cost, and greenhouse gas emissions, to improve offshore health, safety, and environmental exposure. www.nauticusrobotics.com

Cautionary Language Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Act”), and such statements are intended to enjoy the protection of the safe harbor for forward-looking statements provided by the Act as well as protections afforded by other federal securities laws. Such forward-looking statements include but are not limited to: the expected timing of product commercialization or new product releases; customer interest in Nauticus’ products; estimated operating results and use of cash; and Nauticus’ use of and needs for capital. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends,” or “continue” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are based on Nauticus’ management’s current expectations and beliefs, as well as a number of assumptions concerning future events. There can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Nauticus is not under any obligation and expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports which Nauticus has filed or will file from time to time with the Securities and Exchange Commission (the “SEC”) for a more complete discussion of the risks and uncertainties facing the Company and that could cause actual outcomes to be materially different from those indicated in the forward-looking statements made by the Company, in particular the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in documents filed from time to time with the SEC, including Nauticus’ most recent Annual Report on Form 10-K filed with the SEC and Quarterly Reports on Form 10-Q filed with the SEC from time to time. Should one or more of these risks, uncertainties, or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. The documents filed by Nauticus with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov

 NAUTICUS ROBOTICS, INC.
UNAUDITED RECONCILIATION OF NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (GAAP) TO ADJUSTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (NON-GAAP)

Adjusted net loss attributable to common stockholders is a non-GAAP financial measure which excludes certain items that are included in net loss attributable to common stockholders, the most directly comparable GAAP financial measure. Items excluded are those which the Company believes affect the comparability of operating results and are typically excluded from published estimates by the investment community, including items whose timing and/or amount cannot be reasonably estimated or are non-recurring.

Adjusted net loss attributable to common stockholders is presented because management believes it provides useful additional information to investors for analysis of the Company’s fundamental business on a recurring basis. In addition, management believes that adjusted net loss attributable to common stockholders is widely used by professional research analysts and others in the valuation, comparison, and investment recommendations of companies such as Nauticus.

Adjusted net loss attributable to common stockholders should not be considered in isolation or as a substitute for net loss attributable to common stockholders or any other measure of a company’s financial performance or profitability presented in accordance with GAAP. A reconciliation of the differences between net loss attributable to common stockholders and adjusted net loss attributable to common stockholders is presented below. Because adjusted net loss attributable to common stockholders excludes some, but not all, items that affect net loss attributable to common stockholders and may vary among companies, our calculation of adjusted net loss attributable to common stockholders may not be comparable to similarly titled measures of other companies.

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SOURCE Nauticus Robotics, Inc.

WASHINGTON, Aug. 12, 2026 /PRNewswire/ — Judges for the Pamela Tobey Award for Excellence in Visual Storytelling have named two journalists at The Pudding as the 2026 recipients of the National Press Club Journalism Institute prize.

The award, which includes a $1,000 cash prize, recognizes work that pushes the boundaries of compelling and creative storytelling through deliberate design choices. They will also be recognized during the National Press Club’s Journalism Awards Dinner on Aug. 26.

The winning project, “Sizing Chaos,” was reported and produced by Amanda Sakuma and Jan Diehm. Judges commended the team for its powerful execution, creativity in presenting in-depth data, the user experience, and strong research. Judges also complimented the project as a practical deep dive into a topic that’s often talked about informally but not well covered by fact-based journalism.

“Women’s clothing sizes reflect an opaque and ever-changing system that routinely keeps consumers in the dark around what we’re actually buying,” said Sakuma. “Our goal was to use hard data to validate a lived experience that so many of us have shared since we were teens, and to deepen our collective understanding of all the ways that modern clothing is not made to fit most of us.”

Sakuma and Diehm will share how they approached the reporting and design of the intensive project in an upcoming National Press Club Journalism Institute training program this fall.

Volunteer judges included award namesake Pamela Tobey, a distinguished graphics editor formerly of The Washington Post; Karen Yourish, a Pulitzer Prize winner and reporter in The New York Times’ graphics department; and Alberto Cuadra, an award-winning journalist who is managing editor of graphics for USA TODAY.

The judges also commended two runners up:

Reuters, “Awaiting Justice: The impact of Hong Kong’s national security laws“ProPublica, “The horrors that could lie ahead if vaccines vanish“

“We were delighted to see the number of truly exceptional submissions this year. Each project showed a commitment to telling complex stories with creativity and care,” said Tobey. “Amanda and Jan’s work at The Pudding stood out by blending the narrative pace with concise and compelling graphics. It’s incredibly well researched and data-driven on a very personal topic for many people.”

This award was made possible through the generosity of Tobey and her husband, Rick Dunham, a former president of both the National Press Club and the Institute. The award honors Tobey’s cutting-edge work in visual journalism and her commitment to advancing innovative storytelling. The Calvert K. Collins Family Foundation has also contributed an initial $10,000 to support the award.

The judges noted the thoughtful design that went into the work of the honorees and other entries, including high school student Veronica Mederos’ visual storytelling for her high school publication, The Royal Courier.

“We hope this award sparks many to experiment with innovative ways to tell stories that are of importance to their communities,” said Tobey.

The National Press Club Journalism Institute promotes First Amendment values by equipping journalists in Washington, D.C., and nationwide with the skills, knowledge, standards, resources, and networks to empower and inform the public. The Institute accomplishes this mission by offering programs to grow the number of people who produce and support journalism; protecting journalists from interference so they can fully and fairly represent the communities they serve; and increasing transparency to keep citizens well-informed and their governments and institutions accountable.

To contribute to the Pamela Tobey Award for Excellence in Visual Storytelling, please use this link.

Contact: Beth Francesco, National Press Club Journalism Institute executive director, bfrancesco@press.org

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SOURCE National Press Club Journalism Institute