U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured an investment of up to $50 million to establish an autonomous robotics manufacturing and offshore services hub in the UAE.
Nauticus Robotics has signed an agreement for a strategic investment of up to $50 million with Master Investment Group, contemplating an initial $3 million investment tranche for its UAE business unit startup activities, with additional capital available to support further expansion.