$KITT their 10K discusses their focus on innovative solutions in the defense sector including the Defense Innovation Unit (DIU) and Defense Advanced Research Agency (DARPA). Several things point to the potential to win gov contracts from BBB, imo https://t.co/ohSBC0xXee *NFA https://t.co/VA1oWdTiH8
$KITT back in January they announced a strategic alliance with Leidos $LDOS to advance subsea autonomy solutions. It seems like this alliance can help them bid for some of the BBB funds allocated for maritime robotic autonomous systems and enabling technologies *NFA https://t.co/ZlsaumCiG1
$KITT worth noting the Big Beautiful Bill allocates funding for unmanned underwater vehicle production, robotic autonomous systems, etc.. Based on their website it appears they already have some work with Office of Naval Research, $LDOS, and Defense Innovation Unit (DIU) *NFA https://t.co/o4feaTlLe0 https://t.co/BUmfJoocMB
The recent allocation of funds under the Big Beautiful Bill (BBB) includes $1.3 billion for the expansion of unmanned underwater vehicle production and $188.36 million for the development and testing of maritime defense technologies. Optimized Technologies Inc. (ticker: OPTT) is positioned as a pure play in this sector, with existing contracts with the U.S. Navy and a focus on unmanned subsea vehicles, maritime defense, and wave power underwater vehicles. Another company, Kraken Robotics (ticker: KITT), has formed a multi-month base around the $1 to $1.15 price range and is showing early signs of a breakout. Kraken Robotics specializes in underwater robotics for deep-sea mining, defense, oceanographic missions, and offshore data centers. The company has strategic alliances with Leidos (ticker: LDOS) and engagements with the Office of Naval Research, Defense Innovation Unit (DIU), and DARPA. These relationships and the BBB funding for unmanned underwater vehicle production and robotic autonomous systems suggest potential government contract opportunities for Kraken Robotics. Additionally, Red Cat Holdings (ticker: RCAT) has seen recent trading activity, with some mentions linking it to drone technology in the maritime defense theme.