Forum Energy Technologies

Forum Energy Technologies supplies subsea vehicles, manipulators, tooling and intervention equipment within a broader energy-technology portfolio. It is manufacturing Nauticus Robotics’ Olympic Arm electric manipulator under a named agreement.

Facts

  • Segment: Subsystems
  • Country: US
  • Ticker: FET
  • Website: https://f-e-t.com/

About

About Forum Energy Technologies

Forum Energy Technologies is a Houston-headquartered public manufacturer serving energy, industrial and renewable markets. The company’s wider catalogue includes drilling, production and flow-management equipment. Its robotics relevance sits in the subsea portfolio, which covers remotely operated vehicles, control systems, manipulators, tooling and related intervention hardware.

FET combines component engineering with manufacturing capacity for third-party systems. A December 2025 agreement with Nauticus Robotics covers manufacture of the Olympic Arm electric manipulator, making FET an explicit industrialisation partner rather than only a catalogue supplier. The relationship does not transfer Nauticus autonomy software or Aquanaut vehicle ownership to FET. Contract economics, unit volumes and delivery cadence remain undisclosed, so the profile distinguishes verified manufacturing scope from unsupported commercial scale.

Products

View products

Financials

  • FET - NYSE - USD

View financials

Commercial

2 commercial events; 2 commercial orders; latest event 2025-06-24

  • 2025-06-24 - Commercial order - Forum Energy Technologies secures order for two XLX-C ROVs from CCC - source: f-e-t.com
  • 2023-12-11 - Commercial order - Forum Energy Technologies wins JAMSTEC order for Comanche ROV - source: f-e-t.com

View commercial

Supply

  • Nauticus Robotics - Outbound - Manufacturing Services - Forum Energy Technologies manufactures and distributes Nauticus Olympic Arm systems - source: ir.nauticusrobotics.com

View supply

Market context

Comparable profiles and adjacent companies connected by shared workflow, capability, or stack position.

  • EyeROV - comparable profile - peer: Subsea Inspection Robotics
  • Saipem - comparable profile - peer: Subsea Inspection Robotics
  • Ping DSP - comparable profile - peer: Subsea Robotics

View market context

Timeline

View timeline

Team

  • Neal A. Lux - President and Chief Executive Officer
  • D. Lyle Williams - Executive Vice President and Chief Financial Officer
  • Mark Brookes - Senior Vice President – Operations

View team

Relations

  • Nauticus Robotics - Licensed Production And Distribution Partner - Nauticus licensed the Olympic Arm design for external production with Forum Energy Technologies and began commercial-distribution preparation.

View relations

Deployments

  • Commercial Deployment Status - Working globally - 2026-08-11 - Global - FET states that Comanche is working globally across oil and gas, renewable energy, civil engineering, military, scientific research and treasure-hunting applications. - source posture: Company Disclosed - source: f-e-t.com

View deployments

Operations

  • Units Delivered - 2 XLX-C ROVs delivered - 2025-09-09 - United Arab Emirates - FET reported that two XLX-C ROVs had been delivered to a UAE-based offshore construction firm. - source posture: Company Disclosed - source: f-e-t.com

View operations