Underwater optical images often exhibit severe color distortion, weak texture, and uneven illumination due to light absorption and scattering in water. These issues result in unstable feature detection and inaccurate image registration. To address these challenges, this paper proposes an underwater image stitching method that integrates ORB (Oriented FAST and Rotated BRIEF) feature extraction with a fixed-ratio constraint matching strategy. First, lightweight color and contrast enhancement techniques are employed to restore color balance and improve local texture visibility. Then, ORB descriptors are extracted and matched via a KNN (K-Nearest Neighbors) nearest-neighbor search, and Lowe’s ratio test is applied to eliminate false matches caused by weak texture similarity. Finally, the geometric transformation between image frames is estimated by incorporating robust optimization, ensuring stable homography computation. Experimental results on real underwater datasets show that the proposed method significantly improves stitching continuity and structural consistency, achieving 40–120% improvements in SSIM (Structural Similarity Index) and PSNR (peak signal-to-noise ratio) over conventional Harris–ORB + KNN, SIFT (scale-invariant feature transform) + BF (brute force), SIFT + KNN, and AKAZE (accelerated KAZE) + BF methods while maintaining processing times within one second. These results indicate that the proposed method is well-suited for real-time underwater environment perception and panoramic mapping on low-cost, micro-sized underwater robotic platforms.