Overview
- Nauticus reached an agreement with Master Investment Group for up to $50 million, beginning with a $3 million tranche to launch a UAE business unit.
- The funding targets the company’s first international manufacturing and offshore services hub to accelerate production and deployment of the Aquanaut platform.
- Nauticus has started forming a local legal entity in the UAE and has preliminarily identified a potential site for the facility.
- Master Investment Group is expected to finance facility buildout, workforce localization, and initial manufacturing capability, and to help secure the first regional Aquanaut contract.
- The transaction requires third-party and governmental approvals, with initial operational capability anticipated in 2026 if approvals are obtained.