Nauticus Robotics Inc. (KITT) shares are having a moment, and it's all thanks to some Washington buzz about robots.
The stock climbed 10.90% in pre-market trading on Thursday to $1.73, building on a 16.67% spike in after-hours trading the day before. For a company that's been crushed this year, any good news is welcome news.
Washington Gets Interested in Robotics
The catalyst? Reports that Commerce Secretary Howard Lutnick has been sitting down with robotics industry CEOs and throwing his weight behind efforts to accelerate growth in the sector. It's the kind of political attention that can move stocks, especially smaller ones like Nauticus.
But there's more than just meetings happening. The Trump administration is apparently eyeing a possible executive order on robotics for 2026, which would signal a serious commitment to the industry. Meanwhile, the Department of Transportation is planning to establish a robotics working group before the end of this year, giving the sector some organizational structure within the government.
How Other Robotics Stocks Reacted
The robotics sector had a mixed response to the news in pre-market trading. iRobot Corp. (IRBT) slipped 2.36%, while Serve Robotics Inc. (SERV) gained 1.02% and Richtech Robotics Inc. (RR) surged 2.84%. Not exactly a coordinated rally, but enough movement to suggest investors are paying attention.
The Bigger Picture for Nauticus
Let's be clear: Nauticus is still in rough shape overall. The stock has dropped 88.82% so far this year, leaving the Texas-based company with a market capitalization of just $21.47 million. The annual trading range tells the story—from a low of $0.71 to a high of $54.36, showing just how volatile this ride has been.
On Wednesday, the stock closed at $1.56, up an eye-popping 115.89% for the day. That kind of percentage move on a small-cap stock usually means something unusual is happening, and in this case, it's政策 speculation driving the action.
Price Action: According to market data, KITT closed Wednesday at $1.56, up 115.89%. Despite the recent surge, the stock maintains a negative price trend across all time frames based on technical analysis.