Press Releases

Sarcos Subsidiary RE2, LLC Achieves Technical Milestone with Dexterous Underwater Robotic Gripper for U.S. Navy

Sarcos Subsidiary RE2, LLC Achieves Technical Milestone with Dexterous Underwater Robotic Gripper for U.S. Navy The Company bolsters its End-of-Arm Tooling capabilities with tactile feedback for underwater manipulation PITTSBURGH, Pa. — JUNE 28, 2022 — RE2, LLC, a wholly owned subsidiary of Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), today announced that […]

Sarcos Defense Awarded New Contract for Collaborative Sensing Platform by Air Force Research Laboratory

Contract to support development of system used to detect, track and classify time-critical objects in adversarial environments SALT LAKE CITY– May 19, 2022 – Sarcos Defense, a wholly-owned subsidiary of Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the development of robots that augment humans to enhance productivity and safety, […]

Sarcos Technology and Robotics Corporation Announces First Quarter 2022 Financial Results

Announced acquisition of RE2, Inc.  Ended the first quarter with $199 million in unrestricted cash and cash equivalents  Initial production of commercial units of Guardian® XO® industrial exoskeleton and Guardian® XTTM teleoperated dexterous robotic system still expected to commence by the end of 2022  SALT LAKE CITY — May 11, 2022 — Sarcos Technology and […]

Sarcos Technology and Robotics Corporation Announces Webcast of First Quarter 2022 Financial Results

SALT LAKE CITY — April 27, 2022 — Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will webcast a live audio feed of its first-quarter 2022 financial results conference call with financial analysts on Wednesday, May 11, 2022, at 5.00 p.m. ET. The webcast will be available on a listen-only basis at investor.sarcos.com. […]

Sarcos Technology and Robotics Corporation Closes Acquisition of RE2, Inc.

SALT LAKE CITY & PITTSBURGH, Pa. — April 25, 2022 — Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) today announced the successful closing of the previously announced acquisition of Pittsburgh-based robotics company RE2, Inc., a developer of autonomous and teleoperated mobile robotic systems for use in the aviation, construction, defense, energy, and […]

Sarcos Technology and Robotics Corporation Announces Fourth Quarter and Full-year 2021 Financial Results

Ended 2021 with $217 million in unrestricted cash and cash equivalents  Completed assembly and began initial testing of the initial Guardian® XTTM “Beta” unit Completed scheduled move into new headquarters in Salt Lake City  SALT LAKE CITY — March 29, 2022 — Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in […]

Sarcos Technology and Robotics Corporation to Acquire RE2, an Award-Winning Developer of Intelligent Mobile Manipulation Systems

Acquisition will add breadth to Sarcos’ family of mobile dexterous robots for use in industrial environments and expands Sarcos’ total addressable market to medical and subsea markets  Combination is expected to significantly increase Sarcos’ revenue by adding revenue from RE2s existing contracts  Transaction brings together two of the most experienced commercial robotics teams, nearly doubling […]

Sarcos Technology and Robotics Corporation Announces Webcast of Fourth Quarter and Full Year 2021 Financial Results

SALT LAKE CITY, March 15, 2022 (GLOBE NEWSWIRE) — Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will webcast a live audio feed of its fourth quarter and full-year 2021 financial results conference call with financial analysts on Tuesday, March 29, 2022, at 5.00 p.m. ET. The webcast will be available on a listen-only […]

Sarcos Technology and Robotics Corporation Meets Development Milestone for its Guardian® XT™ Robotic Avatar System

SALT LAKE CITY — January 25, 2022 — Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) today announced that the Company successfully completed assembly of the Beta version of the Guardian® XT™ teleoperated dexterous mobile robotic avatar system at the end of 2021, as scheduled. The Guardian XT robot is an upper-body variant […]

Sarcos Technology and Robotics Corporation to Participate in Upcoming Investor Conference

SALT LAKE CITY —January 4, 2022 —Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will participate in the following investor conference on Tuesday, January 11, 2022: 24th Annual Needham Virtual Growth Conference: Date: Tuesday, January 11, 2022 Format: Virtual presentation and 1×1’s Speaker: Ben Wolff, Executive Chairman, Sarcos Presentation Time: 2:45 p.m. Eastern […]