This Micro Cap Just Keeps Coming Across Our Desk - InvestingChannel

This Micro Cap Just Keeps Coming Across Our Desk

Big things are happening for a certain aerospace company as traders react to an announcement that the company has entered into a strategic collaboration with SeaTrepid to integrate and test the company’s ToolKITT software on remotely operated vehicles, according to a release from this morning. 

Traders rushed to buy shares of Nauticus Robotics Inc. (Nasdaq:KITT), pushing the micro cap up to $1.11/share (+21.95%) at the early session high. This was not the first time this particular stock came across our desk, and it’s doubtful that it will be the last! 

This move could be an indication that this stock is heading for an upward breakout should it keep up this recent momentum.

Nauticus Robotics Inc is a developer of ocean robots, cloud software, and services delivered in a modern business model to the ocean industry.

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