CleanTech Acquisition Corp., initially established in June 2020 as a special purpose acquisition company, known as a SPAC, sought to engage in a business combination with another entity. This objective culminated in a successful merger on September 9, 2022, with Nauticus Robotics, Inc. Following this transaction, CleanTech Acquisition Corp. transitioned into Nauticus Robotics, Inc., which subsequently began trading on NASDAQ under the ticker symbol "KITT" for its common stock, effective September 13, 2022. Nauticus Robotics operates in the ocean robotics industry, focusing on developing and deploying autonomous maritime systems. The company offers a suite of subsea and surface robotic services, alongside proprietary autonomy software. Their product lineup includes advanced robotic systems such as Aquanaut, Hydronaut, Argonaut, ToolKITT, and Olympic Arms, which provide capabilities for data collection, analytics, and subsea manipulation. Nauticus Robotics primarily employs a Robotics as a Service (RaaS) revenue model, supplemented by direct product sales, catering to both commercial and governmental clients within the expansive ocean sector. The firm's core mission is to innovate ocean exploration and operations by reducing carbon emissions, minimizing offshore personnel requirements, and lowering operational costs, thereby enhancing safety and environmental stewardship in marine environments.