Nauticus Robotics Announces Interim CFO Transition

Rhea-AI Summary

Nauticus Robotics (NASDAQ: KITT), a developer of autonomous subsea robotics and software solutions, has announced a leadership transition in its finance department. Jimena Begaries has been appointed as Interim Chief Financial Officer and principal accounting officer, effective July 25, 2025, succeeding Victoria Hay.

Begaries, who has been providing services through Flexible Consulting LLC since April 2025, brings extensive experience from Weatherford International, where she served in various finance roles from 2004 to 2025. Her previous positions include North America Offshore Operational Controller and Director of Consolidations and Internal Reporting. Begaries holds a BS in Business and Economics from Lehigh University and an MBA from Pontificia Universidad Catolica Argentina.

HOUSTON, July 28, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software solutions, today announced that Jimena Begaries will assume the role of Interim Chief Financial Officer and principal accounting officer, effective July 25, 2025. Ms. Begaries succeeds Victoria Hay, who will continue to provide services to Nauticus through Flexible Consulting LLC to ensure a smooth transition.

Ms. Begaries has been providing services to Nauticus through Flexible Consulting LLC since April 2025. Prior to joining Flexible Consulting, she held several positions in the finance department of Weatherford International from 2004 through April 2025, including positions as North America Offshore Operational Controller from December 2021 to April 2025 and Director of Consolidations and Internal Reporting from April 2019 to November 2021. Ms. Begaries is fluent in Spanish, and her experience includes assignments in Argentina and Dubai. Ms. Begaries holds a Bachelor of Science degree in Business and Economics from Lehigh University, and an MBA from Pontificia Universidad Catolica Argentina. Ms. Begaries will remain employed by Flexible Consulting LLC.

John Gibson, President and CEO of Nauticus Robotics, stated, "I am pleased to welcome Jimena to the executive team where she will bring her wealth of knowledge to the finance department. Her previous experience provides the background required to continue guiding Nauticus along its transformational journey."

Mr. Gibson continued, "Vicky has been a valued member of the leadership team. She helped steer the organization through a period of marked change. On behalf of the Board of Directors and the rest of the Executive Leadership Team, I'd like to thank her for her continued service and contributions."

About Nauticus Robotics

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 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.

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 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' Annual Report on Form 10-K filed with the SEC on April 15, 2025. 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/nauticus-robotics-announces-interim-cfo-transition-302514150.html

SOURCE Nauticus Robotics, Inc.

FAQ

Who is the new interim CFO of Nauticus Robotics (NASDAQ: KITT)?

Jimena Begaries has been appointed as Interim CFO and principal accounting officer of Nauticus Robotics, effective July 25, 2025.

What is Jimena Begaries' professional background before joining Nauticus Robotics?

Begaries previously worked at Weatherford International from 2004 to April 2025, serving as North America Offshore Operational Controller and Director of Consolidations and Internal Reporting.

Who did Jimena Begaries replace as CFO at Nauticus Robotics?

Begaries succeeded Victoria Hay, who will continue providing services through Flexible Consulting LLC to ensure a smooth transition.

What is Nauticus Robotics' (NASDAQ: KITT) main business focus?

Nauticus Robotics develops autonomous robots for ocean industries, offering robotic systems for service, selling vehicles and components, and licensing related software to commercial and defense sectors.