Sarcos

Sarcos Robotics and Changi Airport Group Execute Demonstration of an Outdoor-Based Baggage Handling Robotics System

Retrieved on: 
Wednesday, December 7, 2022
Robotics, Air, Technology, Logistics, Supply Chain Management, Transport, Software, Hardware, Security (finance), Changi Airport, WSSS, Airport, ADF, Ministry of Transport (Singapore), Robotics, ICAO, Seletar Airport, City, CAAS, F&B, IATA, Jewel Changi Airport, Growth, Civil aviation, STRC, Workforce, CAG, SIN, WSSL, Risk, Airline, Risk management, Sarcos

In collaboration with CAG, Sarcos is developing an outdoor-based baggage loading system to automate the loading and unloading of loose passenger bags from narrow-bodied aircraft.

Key Points: 
  • In collaboration with CAG, Sarcos is developing an outdoor-based baggage loading system to automate the loading and unloading of loose passenger bags from narrow-bodied aircraft.
  • The inaugural field demonstrations were conducted during September 2022 at Singapore Changi Airport and validated the opportunity for robotics to reduce the risk of on-the-job injuries from baggage handling and augment the ground handling labor force.
  • Changi Airport is an industry visionary and continues to be a key development partner to Sarcos, said Kiva Allgood, president and CEO, Sarcos.
  • As the company managing Changi Airport, CAG undertakes key functions focusing on airport operations and management, air hub development, commercial activities and airport emergency services.

Sarcos Defense Awarded $1M Contract by U.S. Army

Retrieved on: 
Thursday, December 1, 2022
Robotics, Defense, Technology, Military, Government Technology, Hardware, Contracts, Sarcos, Environment, Injury, United States Army Futures Command, Soldier, M1299, U.S. Department of Defense Strategy for Operating in Cyberspace, Sand, Army of the United States, Lifting, Shock, Fatigue, Security (finance), Robotics, Army, Research, STRC, Dust, Human, Humidity, Safety, Explosive, Risk management, Defense

Sarcos Defense, a subsidiary of Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems that redefine human possibilities, today announced the company has been awarded a $1M contract by the Army Applications Laboratory, U.S. Army Futures Command for the testing of a robotic solution that Sarcos developed for ammunition handling and maneuvering.

Key Points: 
  • Sarcos Defense, a subsidiary of Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems that redefine human possibilities, today announced the company has been awarded a $1M contract by the Army Applications Laboratory, U.S. Army Futures Command for the testing of a robotic solution that Sarcos developed for ammunition handling and maneuvering.
  • We are excited about this accelerated testing that will help get this robotic system into the hands of Army personnel soon.
  • For more information on Sarcos and its award-winning product portfolio including solutions benefitting the U.S. Department of Defense, please visit www.sarcos.com .
  • Sarcos Defense is a wholly-owned subsidiary of Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW), a leader in robotic systems that augment humans to enhance productivity and safety.

Sarcos Announces Third Quarter 2022 Financial Results

Retrieved on: 
Tuesday, November 8, 2022
GLOBE, Private Securities Litigation Reform Act, Forward-looking statement, Sapiens, Robotics, RE2, U.S. Securities and Exchange Commission, SALT, Webcast, Research, Technology, STRC, Sarcos, SEC, NASDAQ, Goal, Software, Contract, Company, CEO, Security (finance), Acquisition, U.S. Navy Diving Manual, Income, Mobile phone, Life insurance, Bank, Video game, United States 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 robotic systems that redefine human possibilities, today announced financial results for the quarter ended September 30, 2022.

Key Points: 
  • The discussion in this press release regarding Sarcos results of operations for the three months ended September 30, 2022, includes the financial results of RE2.
  • The discussion of the results of operations for the nine months ended September 30, 2022, includes the financial results of RE2 for the period after the closing of the acquisition on April 25, 2022.
  • As previously disclosed, Sarcos monthly cash used in operating activities during the fourth quarter of 2022 will be higher than previous quarters.
  • Sarcos will hold a conference call to discuss the third quarter 2022 financial results, along with managements business outlook, at 5:00 p.m.

Sarcos Technology and Robotics Corporation to Participate in Upcoming Investor Conference

Retrieved on: 
Thursday, October 27, 2022
Sarcos, LinkedIn, Technology, STRC, NASDAQ, Robotics, Software, Auction, Heavy equipment

For more information on Sarcos and its award-winning product portfolio, please visit www.sarcos.com .

Key Points: 
  • For more information on Sarcos and its award-winning product portfolio, please visit www.sarcos.com .
  • Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW) develops a range of advanced mobile robotic systems designed to improve worker safety and productivity and capable of operating in challenging, unstructured, industrial environments.
  • Sarcos is redefining humanly possible by developing dexterous robotic systems capable of task autonomy or teleoperation, a powered full-body exoskeleton, and software that enables continuously adaptive learning in dynamic environments.For more information, please visit www.sarcos.com and connect with us on LinkedIn at www.linkedin.com/company/sarcos

Sarcos Successfully Executes Field Trials Demonstrating Suite of Robotic Technologies for Maintenance, Inspection, and Repair in Shipyard Operations

Retrieved on: 
Thursday, October 27, 2022
Software, Mobile, Wireless, Networks, Internet, Hardware, Electronic Design Automation, Robotics, Data Management, Apps, Applications, Technology, Artificial Intelligence, Semiconductor, Naval Sea Systems Command, U.S. Securities and Exchange Commission, ROV, Technology, Human, NASDAQ, DX, Private Securities Litigation Reform Act, Efficiency, Sapiens, STRC, Solution, Forward-looking statement, Navy, U.S. Navy Diving Manual, CA, Naval Base Ventura County, LinkedIn, Company, CEO, Software, Multimedia, SEC, Robotics, Security (finance), Guardian, Revolution, Safety, Heavy equipment, Computer data storage, Risk management, Sarcos, Maintenance

View the full release here: https://www.businesswire.com/news/home/20221027005296/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221027005296/en/
    Sarcos Successfully Executes Field Trials Demonstrating Suite of Robotic Technologies for Maintenance, Inspection, and Repair in Shipyard Operations (Photo: Business Wire)
    Sarcos robotic systems are designed to carry out maintenance, inspection, and repair activities, on and around ships that are underway and pier side, creating safer and more effective shipyard operations and improving the efficiency of sailors and shipyard workers.
  • Sarcos robots are designed to reduce employee injuries while increasing productivity, particularly in dynamic environments such as shipyards.
  • Sarcos portfolio of teleoperated robots improves shipyard operations by solving critical pain points including human resource constraints, productivity, and safety.
  • The documents filed by Sarcos with the SEC may be obtained free of charge at the SECs website at www.sec.gov .

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

Retrieved on: 
Tuesday, October 25, 2022
U.S. Securities and Exchange Commission, Form 10-Q, SEC, Technology, GT, Robotics, RE2, STRC, Russell, NASDAQ, Intelligence, Security (finance), Judgement, Nasdaq, Private Securities Litigation Reform Act, SALT, Safety, GLOBE, Forward-looking statement, Instinct, Sarcos

SALT LAKE CITY, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW) will webcast a live audio feed of its third quarter 2022 financial results conference call with financial analysts on Tuesday, November 8, 2022, at 5.00 p.m.

Key Points: 
  • SALT LAKE CITY, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW) will webcast a live audio feed of its third quarter 2022 financial results conference call with financial analysts on Tuesday, November 8, 2022, at 5.00 p.m.
  • An archive of the call will be available beginning on November 8, 2022, at investor.sarcos.com through December 8, 2022.
  • These forward-looking statements are based on Sarcos managements current expectations and beliefs, as well as a number of assumptions concerning future events.
  • The documents filed by Sarcos with the SEC may be obtained free of charge at the SECs website at www.sec.gov.

Sarcos Technology and Robotics Corporation Appoints Drew Hamer as Chief Financial Officer

Retrieved on: 
Monday, October 10, 2022
Other Manufacturing, Hardware, Machinery, Robotics, Engineering, Technology, Manufacturing, Other Technology, Technology, Robotics, Growth, Sapiens, STRC, Financial Times and McKinsey Business Book of the Year Award, Russell, NASDAQ, Intelligence, Multimedia, Nasdaq, Forecasting, Software, Hamer, Treasury, CEO, Safety, Accounting, Velodyne Lidar, Solution, Management, Sarcos

Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW), a leading developer of highly dexterous robotic systems that enhance productivity, improve safety, and bring robots to unstructured and diverse environments, announces the appointment of Drew Hamer as chief financial officer.

Key Points: 
  • Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW), a leading developer of highly dexterous robotic systems that enhance productivity, improve safety, and bring robots to unstructured and diverse environments, announces the appointment of Drew Hamer as chief financial officer.
  • View the full release here: https://www.businesswire.com/news/home/20221010005792/en/
    Sarcos Technology and Robotics Corporation Appoints Drew Hamer as Chief Financial Officer (Photo: Business Wire)
    Hamer is a proven finance executive with over twenty-five years of financial leadership at public and pre-public technology companies.
  • Hamer will be responsible for Sarcos financial functions including forecasting, budgeting, accounting, audit, treasury, and corporate finance.
  • Hamer will be part of the executive leadership team and will report directly to the chief executive officer.

Sarcos Technology and Robotics Corporation Announces Second Quarter 2022 Financial Results

Retrieved on: 
Tuesday, August 9, 2022
U.S. Securities and Exchange Commission, Instinct, Intelligence, Risk, CEO, Forward-looking statement, Private Securities Litigation Reform Act, SEC, Investment, Traction, U.S. Navy Diving Manual, Security (finance), Compliance, RE2, Engineering, COVID-19, Company, Acquisition, Judgement, Aviation, Safety, NASDAQ, Research, Technology, Webcast, Goal, Robotics, STRC, Nasdaq, Forgiveness, Russell, Online gambling, Video game, 3D printing, Bank, Risk management, Sapiens, Guardian, Sarcos

SALT LAKE CITY, Aug. 09, 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 financial results for the quarter ending June 30, 2022.

Key Points: 
  • The discussion in this press release regarding Sarcos results of operations for the three months ended June 30, 2022 includes the financial results of RE2 for the period after the closing of the acquisition on April 25, 2022.
  • Second quarter total operating expenses were $32.0 million, compared to operating expenses of $8.8 million in the second quarter of 2021.
  • Including the impact of the RE2 acquisition, Sarcos believes that its total revenue for 2022 will be between $15 million - $17 million in 2022.
  • Sarcos will hold a conference call to discuss the second quarter 2022 financial results, along with managements business outlook, at 5:00 p.m.

Sarcos Technology and Robotics Corporation to Participate in Upcoming Investor Conference

Retrieved on: 
Wednesday, July 27, 2022
STRC, Nasdaq, NASDAQ, GT, Technology, Robotics, Instinct, Intelligence, Judgement, Russell, Intellect, Safety, Auction, Computer data storage, Sarcos

For more information on Sarcos, its leadership team, and its award-winning product portfolio, please visit www.sarcos.com .

Key Points: 
  • For more information on Sarcos, its leadership team, and its award-winning product portfolio, please visit www.sarcos.com .
  • Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW) is a leader in industrial robotic systems that augment human performance by combining human intelligence, instinct, and judgment with the strength, endurance, and precision of machines to enhance employee safety and productivity, enable remote operations and reduce operational costs.
  • Sarcos mobile robotic systems, including the Guardian S, Guardian GT, Guardian XO, Guardian XT and the Sapien family of robotic arms , along with Sarcos Detect computer vision software and Intellect autonomy software, are designed to revolutionize the future of work wherever physically demanding work is done.
  • Sarcos is headquartered in Salt Lake City, Utah, and has a second location in Pittsburgh, PA. Shares of Sarcos trade on Nasdaq under the ticker symbol STRC and the companys stock was added to the Russell 2000 index in 2022.

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

Retrieved on: 
Tuesday, July 26, 2022
GLOBE, Intelligence, SALT, U.S. Securities and Exchange Commission, Forward-looking statement, SEC, Form 10-Q, Private Securities Litigation Reform Act, Judgement, Instinct, Safety, NASDAQ, Robotics, Technology, Security (finance), Intellect, GT, STRC, Nasdaq, Russell, Sarcos

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.

Key Points: 
  • 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.
  • An archive of the call will be available beginning on August 9, 2022, at investor.sarcos.com through September 9, 2022.
  • These forward-looking statements are based on Sarcos managements current expectations and beliefs, as well as a number of assumptions concerning future events.
  • The documents filed by Sarcos with the SEC may be obtained free of charge at the SECs website at www.sec.gov.