Home

Articles from Sarcos Technology and Robotics Corporation

Sarcos Welcomes Back Co-Founder and Former CEO Ben Wolff to Lead Company Following Pivot to Industrial AI Software Focus
Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC) (NASDAQ: STRCW) is pleased to announce that effective as of February 23, 2024, the company’s co-founder and former CEO, Ben Wolff, will resume the role of president and CEO as the Company pursues its next phase of innovation and growth, with a concerted focus on commercializing and deploying the robotic artificial intelligence (AI) and machine learning (ML) software platform that the Company began developing under Wolff’s leadership in 2019. Laura Peterson, who served as CEO of Sarcos for much of 2023, will assume the role of executive vice chairman and will continue to serve on the Company’s Board of Directors.
Sarcos Pivots to Robotics AI Software Near-Term Opportunity
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 that it is pivoting its business to focus on the larger, near-term opportunity of its robotic artificial intelligence (AI) and machine learning (ML) software platform.
Sarcos Appoints Laura Peterson as President and Chief Executive Officer
Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a technology leader in advanced robotic systems, solutions, and software that redefine human possibilities, today announced that the Company’s interim President and Chief Executive Officer, Laura Peterson, has been appointed to serve as the Company’s permanent President and Chief Executive Officer. The Company also announced that Sarcos co-founder, current director and former Chief Executive Officer, Ben Wolff, has re-joined the executive team as Executive Vice Chairman.
Sarcos Announces Delivery of Guardian® Sea Class Robotic System to UK Supplier Atlantas Marine
Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacturing of advanced robotic systems, solutions, and software that redefine human possibilities, announced today that it fulfilled an order from Atlantas Marine (“Atlantas”) for two Guardian Sea Class robotic systems and a support package. Sarcos delivered the systems in the third quarter of 2023.
Sarcos Awarded Artificial Intelligence Contract by Air Force Research Laboratory
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, announced today the award of an expanded contract (FA8750-22-C-1005) from the Air Force Research Laboratory (AFRL) for continued development of artificial intelligence (AI)-driven methods and techniques that autonomously control a Heterogeneous Sensing Network (HSN).
Sarcos and Blattner Company Sign Agreement for Development of Autonomous Robotic Solar Construction System
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, and Blattner Company (“Blattner”), an industry-leading provider and installer of renewable energy, announced that the companies have entered into a collaboration agreement. The agreement focuses on the development and refinement of Sarcos’ autonomous mobile robotic system designed to optimize employee safety and enhance the efficiency of the installation of photovoltaic (PV) modules for utility-scale solar projects.
Sarcos Announces Appointment of Laura Peterson as Interim President and Chief Executive Officer
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 the appointment of Laura Peterson as its interim president and chief executive officer, effective immediately. Peterson will replace outgoing president and CEO, Kiva Allgood. Sarcos thanks Ms. Allgood for her service and wishes her well in her new endeavors.
Sarcos and VideoRay Sign Agreement to Offer Integrated Underwater Robotic Systems
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, and VideoRay, the world’s leading manufacturer of underwater robotic systems, announced today that the companies have signed an agreement to offer integrated underwater robotic systems combining VideoRay remotely operated vehicles (ROVs) with the Sarcos Guardian® Sea Class robotic system including its power-efficient dexterous arms.
Sarcos Signs Manufacturing Services Agreement with Jabil to Advance Production Capabilities for Sarcos Robotic Systems
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, is collaborating with Jabil Inc., a leading manufacturing solutions provider, to expand Sarcos’ production capacity for its robotic systems and sub-systems.
Sarcos to Participate in the 35th Annual Roth Conference
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 it will participate in the 35th Annual Roth Conference on March 13, 2023.
Sarcos Commercializing and Expanding its Line of Teleoperated Robotics and Software Solutions
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 preliminary fourth quarter 2022 revenue of $6.1 million and full year 2022 revenue of $14.6 million, each at the high end of its guidance range, and provided an update on its product commercialization efforts.
Sarcos Achieves Final Validation of Outdoor Autonomous Manipulation of Photovoltaic Panels Project for U.S. Department of Energy
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, announced today that it has successfully completed final validation of its Outdoor Autonomous Manipulation of Photovoltaic Panels (O-AMPP) project. During this field trial, Sarcos collaborated with Mortenson, JLG Industries, Array Technologies, and Pratt Miller to achieve this critical project milestone at a Mortenson project site, which validated the Sarcos robotic solar field construction solution.
Sarcos Co-Founder and Former CEO Ben Wolff to Step Down as Executive Chair
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, announced today that after eight years of service to Sarcos, its Co-Founder and former CEO, Ben Wolff, will be stepping down from his employment as executive chairman effective February 1, 2023. He will continue to serve on the Sarcos Board of Directors as a non-employee director and chair the strategic transaction committee. Dennis Weibling, who has served as Lead Independent Director since 2021 and a member of the Board since 2015, has been elected as non-executive Chairman of the Board effective February 1, 2023.
Sarcos Robotics and Changi Airport Group Execute Demonstration of an Outdoor-Based Baggage Handling Robotics System
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, and Changi Airport Group (CAG) announced the inaugural demonstration of a jointly developed outdoor-based autonomous baggage loading system prototype.
Sarcos Successfully Executes Field Trials Demonstrating Suite of Robotic Technologies for Maintenance, Inspection, and Repair in Shipyard Operations
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, announced today that the company has executed field trials demonstrating improved worker safety and productivity for shipyard operations.
Sarcos Technology and Robotics Corporation Appoints Drew Hamer as Chief Financial Officer
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.
Sarcos Subsidiary RE2, LLC Achieves Technical Milestone with Dexterous Underwater Robotic Gripper for U.S. Navy
RE2, LLC, a wholly owned subsidiary of Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), today announced that it has achieved a significant technical milestone with its Strong Tactile mARitime hand for Feeling, Inspecting, Sensing and Handling (STARFISH), an underwater end-of-arm tooling (EOAT) project being funded through the U.S Navy’s Office of Naval Research (ONR). STARFISH is an advanced gripper EOAT with tactile feedback that is being developed for mine countermeasures and explosive ordnance disposal (EOD) for the U.S. Navy. With this technical milestone, the company has successfully assembled and lab-tested a complete STARFISH gripper capable of grasping and holding a variety of different objects.