Nauticus Robotics, Inc. Appoints Chief Revenue Officer as it Expands into New Regions

Nauticus Robotics (NASDAQ: KITT) appointed Brian Allen as Chief Revenue Officer, effective May 13, 2026.

Rhea-AI Summary

Nauticus Robotics (NASDAQ: KITT) appointed Brian Allen as Chief Revenue Officer, effective May 13, 2026. He will lead commercial strategy across Europe, Middle East, and Africa and global technology licensing to support Nauticus ToolKITT™ adoption.

Allen previously founded Beam, building an $840 million sales pipeline and $90 million in sales and order book in its final year, with around 230 employees across the UK, US, and Europe.

Positive

• Appoints experienced Chief Revenue Officer to drive commercial strategy and growth
• Focus on expanding EMEA footprint and global technology licensing for ToolKITT™
• New CRO brings track record of $840 million sales pipeline and $90 million sales at Beam

Negative

• None.

Argus May 13 session

-10.36% close to close Open Argus

Details

News Market Reaction – KITT

In the May 13 session, KITT declined 10.36%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -10.4% in the session following this news. The decline reflects ongoing skepticism...

Analysis

The stock dropped -10.4% in the session following this news. The decline reflects ongoing skepticism despite strategically positive news. Hiring a CRO with an $840 million prior pipeline and 60–100% growth track record contrasts with KITT trading near $2.22 and far below its $87.12 high. Historically, the stock reacted negatively to reverse splits and sizable losses, as shown by prior -20.26% moves. Persistent dilution risk, net losses, and insider net selling could have reinforced caution around this announcement.

Key Figures

Annual revenue growth: 60–100% per year Beam employees: 230 employees Sales pipeline: $840 million +5 more

Annual revenue growth

60–100% per year

Beam revenue growth during nearly a decade

Beam employees

230 employees

Headcount across UK, US, and Europe at Beam

Sales pipeline

$840 million

Beam sales pipeline at its peak

Sales and order book

$90 million

Beam sales and order book in final twelve months

Subsea experience

15+ years

Mr. Allen’s direct field experience with subsea robotic systems

Share price

$2.22

Pre-news current price from market context

52-week high

$87.12

Pre-news 52-week high from market context

52-week low

$2.12

Pre-news 52-week low from market context

Historical Context

5 past events · Latest: Apr 30

5 events

1. Apr 30

   Nasdaq compliance update

   24h Move

   +3.9%

   Nasdaq confirmed continued listing compliance under Mandatory Panel Monitor.

2. Apr 23

   Contract win

   24h Move

   +4.5%

   Award of offshore archaeological investigation project using Comanche ROV systems.

3. Apr 21

   Operational testing

   24h Move

   -4.6%

   Completed simulated intervention testing to validate tools and offshore readiness.

4. Apr 17

   Reverse stock split

   24h Move

   -20.3%

   Announced 1-for-8 reverse split to regain Nasdaq minimum bid compliance.

5. Apr 16

   Year-end results

   24h Move

   -20.3%

   Reported 2025 results with higher revenue but large net loss and limited cash.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

autonomous subsea robotics, AI, hovering AUVs, ROVs, +2 more

6 terms

autonomous subsea robotics technical

"a leading innovator in autonomous subsea robotics and software solutions"

Autonomous subsea robotics are self-operated underwater machines that carry out tasks such as inspection, mapping, maintenance or sample collection without a human controlling them in real time—think of them as self-driving cars for the ocean. They matter to investors because they can lower operating costs, reduce safety risks, unlock data from hard-to-reach environments, and create new service or equipment revenue streams, all of which can change project economics and long-term return potential.

AI technical

"subsea robotics and AI commercialization experience to accelerate"

Artificial intelligence (AI) is technology that enables machines to mimic human thinking and learning, allowing them to analyze information, recognize patterns, and make decisions. For investors, AI matters because it can improve how businesses operate, create new products, or identify opportunities faster and more accurately than humans alone, potentially impacting company success and market trends.

hovering AUVs technical

"most advanced autonomy platforms available today for hovering AUVs and existing ROVs"

Hovering AUVs are autonomous underwater vehicles designed to hold a steady position or move gently in place like a hovering drone, enabling close, stable inspection of structures, seabed terrain, marine life or equipment. For investors, they matter because they can lower the cost and risk of subsea surveys and maintenance — replacing expensive crewed missions and expanding data-driven services for industries such as offshore energy, telecoms and defense.

ROVs technical

"available today for hovering AUVs and existing ROVs"

ROVs are tethered underwater robots controlled from the surface, like drones for the ocean, used to inspect, repair and build structures on the seabed. For investors, ROVs matter because they enable safer, cheaper and more reliable operations in offshore oil and gas, renewable energy and subsea infrastructure, reducing project risk, cutting operating costs and protecting timelines and revenue streams.

vision-based manipulation technical

"vision-based manipulation and through-water acoustic command and control"

Vision-based manipulation is the deliberate alteration of images or video—either digitally or physically—to fool human viewers or camera-based software that “sees” the world, such as facial recognition, medical imaging, or autonomous vehicle sensors. For investors it matters because these tricks can cause product failures, safety incidents, regulatory action, or loss of customer trust—like someone subtly changing a road sign or doctor’s scan to mislead a person or an automated system—leading to financial and legal consequences.

through-water acoustic command and control technical

"vision-based manipulation and through-water acoustic command and control"

Through-water acoustic command and control is a system that uses sound waves sent through water to issue commands and receive status updates from submerged devices like unmanned vehicles or sensors. Think of it as a remote control that works underwater where radio signals can't travel; investors care because the technology determines how reliably, securely and stealthily military or commercial systems can be operated, which affects product value, contract prospects and operational risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Former CEO of Beam brings decade of subsea robotics and AI commercialization experience to accelerate Nauticus ToolKITT™ market adoption

HOUSTON, May 13, 2026 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT, "Nauticus"), a leading innovator in autonomous subsea robotics and software solutions, today announced the appointment of Brian Allen as Chief Revenue Officer, effective May 13, 2026. Mr. Allen will lead the Company's commercial strategy across Europe, the Middle East, and Africa (EMEA) and global technology licensing.

John Gibson, President and CEO of Nauticus, commented: "Brian is a proven revenue builder with a track record of scaling high-growth technology businesses in the subsea robotics sector. He brings a powerful combination of deep domain expertise and commercial execution. Over nearly a decade, he built one of Europe's fastest-growing subsea technology companies, consistently delivering 60–100% annual revenue growth while advancing AI and autonomy platforms highly relevant to Nauticus ToolKITT™. His leadership will be instrumental as we accelerate commercialization and convert strong market demand into sustained revenue growth."

Mr. Allen founded and served as CEO of Beam, a UK-based subsea robotics and AI company, from 2016 to 2025. Under his leadership, Beam scaled from a startup to approximately 230 employees across the UK, US, and Europe. The company built an $840 million sales pipeline, bringing in $90 million of sales and order book in its final twelve months.  Beam's technology and team were subsequently acquired by Rosenxt.

Beam was widely recognized for its performance and innovation, ranking as the 32nd fastest-growing technology company in the UK in the 2023 Deloitte UK Technology Fast 50, earning a place in the Deloitte EMEA Fast 500, and being named a Sunday Times Top 100 tech company in 2025.

Prior to founding Beam, Mr. Allen held operational robotics roles at DeepOcean, Fugro, Subsea 7 and Odyssey Marine Exploration, giving him over 15 years of direct field experience with subsea robotic systems in complex offshore environments. His career achievements include recognition as "UK Tech Entrepreneur of the Year," "Best Innovation Award" and the "Subsea Innovation and Technology" award. He holds a Certificate in Executive Leadership from Harvard University.

Mr. Allen commented: "Nauticus has developed one of the most advanced autonomy platforms available today for hovering AUVs and existing ROVs. The Nauticus ToolKITT™ platform, combined with the Company's vision-based manipulation and through-water acoustic command and control, creates a highly differentiated offering. I'm excited to work with John and the team to translate this technical leadership into accelerated revenue growth and expanded global adoption."

In his role as Chief Revenue Officer, Mr. Allen will be responsible for driving technology licensing and services revenue, expanding the Company's EMEA commercial footprint, and building scalable marketing and sales infrastructure to support Nauticus' next phase of growth. He will be based in the UK with regular travel to the Company's Houston headquarters.

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. https://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 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.

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SOURCE Nauticus Robotics, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Brian Allen, the new Chief Revenue Officer of Nauticus Robotics (NASDAQ: KITT)?

Brian Allen is the new Chief Revenue Officer of Nauticus Robotics, appointed effective May 13, 2026. According to Nauticus, he founded subsea robotics firm Beam, growing it to about 230 employees and building a large global sales pipeline and order book.

What will Brian Allen focus on as Chief Revenue Officer at Nauticus Robotics (KITT)?

Brian Allen will lead commercial strategy across EMEA and global technology licensing for Nauticus Robotics. According to Nauticus, his responsibilities include driving technology licensing and services revenue, expanding the EMEA commercial footprint, and building scalable marketing and sales infrastructure.

How does Brian Allen’s Beam experience relate to Nauticus Robotics (KITT)?

Brian Allen’s Beam experience gives Nauticus Robotics a leader with proven subsea robotics commercialization. According to Nauticus, Beam under his leadership built an $840 million sales pipeline and $90 million in sales and order book in its final twelve months.

What is Nauticus ToolKITT™ and why is it important to KITT investors?

Nauticus ToolKITT™ is an autonomy platform for hovering AUVs and existing ROVs. According to Nauticus, combining ToolKITT™ with vision-based manipulation and through-water acoustic control creates a differentiated offering that the new Chief Revenue Officer aims to translate into revenue growth.

How might the new Chief Revenue Officer impact Nauticus Robotics’ revenue growth (NASDAQ: KITT)?

The new Chief Revenue Officer is expected to focus on converting market demand into revenue growth. According to Nauticus, Brian Allen will drive technology licensing and services revenue and scale sales infrastructure, aiming to support the company’s next phase of commercialization.

Which regions will Nauticus Robotics (KITT) target under its new Chief Revenue Officer?

Nauticus Robotics will target Europe, the Middle East, and Africa under its new Chief Revenue Officer. According to Nauticus, Brian Allen will lead the EMEA commercial footprint while also overseeing global technology licensing from a UK base with regular travel to Houston.