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SALT LAKE CITY, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW, a leader in advanced robotic technology designed to increase the intelligence, efficiency, capability and productivity of advanced robotic systems through applied autonomy, today announced financial results for the quarter ended September 30, 2023. Highlights Laura Peterson appointed as President and CEO; Ben Wolff, co-founder and Board member named Executive Vice...

SALT LAKE CITY, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a technology leader in the design, development, and manufacture of advanced robotic systems, solutions and software that redefine human possibilities, today announced that it will release financial results for the quarter ended September 30, 2023, after the market closes on Tuesday, November 14, 2023. A conference call and audio webcast with analysts and investors...

SALT LAKE CITY, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems, solutions and software that redefine human possibilities, today announced financial results for the quarter ended June 30, 2023. Second Quarter and Recent Highlights Optimized ongoing operations, taking steps to improve efficiency and reduce cash spend Formed new Advanced...

SALT LAKE CITY, July 27, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems, solutions and software that redefine human possibilities, today announced that it will release financial results for the quarter ended June 30, 2023, after the market closes on Wednesday, August 9, 2023. A conference call and audio webcast with analysts and investors will be held...

Aligning workforce with targeted robotics solutions and end markets; eliminating non-essential positions Optimizing ongoing operations SaaS/AI emerging as important future revenue opportunity; building on years of AI software development Second quarter preliminary revenue of approximately $1.3 million Average monthly cash usage expected to decline to approximately $3.0 million in the first quarter 2024 SALT LAKE CITY, July 12, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation...

SALT LAKE CITY, June 20, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos” or “Company”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems, solutions, and software that redefine human possibilities, today announced that it has resolved to effect a reverse stock split of Sarcos’ issued common stock and has determined the ratio to be 1-for-6. Sarcos’ stockholders previously approved the reverse stock...

SALT LAKE CITY, May 10, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems, solutions and software that redefine human possibilities, today announced financial results for the quarter ended March 31, 2023. First Quarter and Recent Highlights Participated in successful demos of Guardian ® XT ™ and Guardian ® XM at ConExpo-Con/AGG 2023, the largest...

SALT LAKE CITY, April 26, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced that it will release financial results for the first quarter 2023 ended March 31, 2023, after the market closes on Wednesday, May 10. A conference call and audio webcast with analysts and investors will be held that...

Delivered Fourth Quarter and Full Year 2022 Revenue at the High End of Guidance Achieved Guardian ® XM Production Goal and Debuted Prototype of Semi-Autonomous Baggage Loading System for Aviation Industry SALT LAKE CITY, March 16, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced financial...

SALT LAKE CITY, March 06, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced that it will release financial results for the fourth quarter and full year 2022 ended December 31, 2022 after the market closes on Thursday, March 16. A conference call and audio webcast with analysts and investors...

Began production of commercial units of Sapien 6M robotic system ahead of schedule On target to commence initial production of commercial units of Guardian ® XT™ teleoperated dexterous robotic system by end of 2022 Successful field demonstrations of innovative shipyard solutions for U.S. Navy SALT LAKE CITY, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced...

SALT LAKE CITY, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will participate in the following investor conference on Thursday, November 10, 2022: Baird 2022 Global Industrial Conference, Chicago: Date: Thursday, November 10, 2022 Format: Speaker: Presentation and 1x1’s Kiva Allgood, CEO, Sarcos Presentation Time: Webcast Link: 8:55 a.m. Eastern Time https://wsw.com/webcast/baird66/strc/1943688 For more information on...

Initial production of commercial units of Guardian ® XT TM teleoperated dexterous robotic system and Sapien 6M robotic system expected to commence by the end of 2022 Closed acquisition of Pittsburgh-based RE2, Inc. and made significant progress on integrating two highly experienced commercial robotics teams STRC added to the Russell 2000 index of small cap stocks as part of the 2022 Russell indexes reconstitution SALT LAKE CITY, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics...

SALT LAKE CITY, July 27, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will participate in the following investor conference on Wednesday, August 10, 2022: Jefferies Industrial Conference, New York: Date: Wednesday, August 10, 2022 Format: Speaker: Presentation and 1x1’s Kiva Allgood, CEO, Sarcos Presentation Time: Webcast Link: 10:00 a.m. ET https://wsw.com/webcast/jeff250/strc/1865208 For more information on Sarcos, its leadership...

SALT LAKE CITY, July 26, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will webcast a live audio feed of its second quarter 2022 financial results conference call with financial analysts on Tuesday, August 9, 2022, at 5.00 p.m. ET. The webcast will be available on a listen-only basis at investor.sarcos.com . An archive of the call will be available beginning on August 9, 2022, at investor.sarcos.com through September 9, 2022. For more...

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 ® XT™ teleoperated dexterous robotic system still expected to commence by the end of 2022 SALT LAKE CITY, May 11, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the development of highly dexterous robotic...

SALT LAKE CITY, April 27, 2022 (GLOBE NEWSWIRE) -- 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 . An archive of the call will be available beginning on May 11, 2022, at investor.sarcos.com through June 11, 2022. For more...

Ended 2021 with $217 million in unrestricted cash and cash equivalents Completed assembly and began initial testing of the initial Guardian ® XT™ “Beta” unit Completed scheduled move into new headquarters in Salt Lake City SALT LAKE CITY, March 29, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the development of highly dexterous robotic systems that augment humans to enhance productivity and safety, today announced...

SALT LAKE CITY, Jan. 25, 2022 (GLOBE NEWSWIRE) -- 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 of the award-winning Sarcos Guardian ® XO ® full-body, battery-powered industrial exoskeleton . The Guardian XT system is...

SALT LAKE CITY, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) will participate in the following investor conference on Tuesday, January 11, 2022: 24 th Annual Needham Virtual Growth Conference: Date: Tuesday, January 11, 2022 Format: Speaker: Virtual presentation and 1x1’s Ben Wolff, Executive Chairman, Sarcos Presentation Time: Webcast Link: 2:45 p.m. Eastern Time https://wsw.com/webcast/needham116/strc/2273304 For more...