STRC - Earnings announcements

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 ChairmanSarcos artificial intelligence (AI) and machine learning (ML) software business bolstered by $13.8 million contract from the U.S. Air Force to advance its AI/ML softwarePivoting business to fo

SALT LAKE CITY, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), 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 will be held that afternoon at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss the results and answer questions. To access the conference call, please pre-register using this link. Registrants will rec

SALT LAKE CITY, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), 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 spendFormed new Advanced Technologies software business division to drive emerging artificial intelligence (AI) SaaS revenue opportunities; bolstered by an expanded contract from the Air Force Research Laboratory (AFRL) for continued develo

SALT LAKE CITY, July 27, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), 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 that afternoon at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss the results and answer questions. To access the conference call, please pre-register using this link. Registrants will receive confirmation

SALT LAKE CITY, May 10, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), 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 construction equipment tradeshow in North AmericaSigned a manufacturing services agreement with Jabil, a leading manufacturing services provider, to expand Sarcos' production capacity as the company scalesParticipated in the A

SALT LAKE CITY, April 26, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), 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 afternoon at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss the results and answer questions. To access the conference call, please pre-register using this link. Registrants will receive confirmation with

Delivered Fourth Quarter and Full Year 2022 Revenue at the High End of GuidanceAchieved 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), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced financial results for the fourth quarter and full year 2022 ended December 31, 2022. 2022 Highlights Achieved goal of producing 10 units of the Guardian® XM in the fourth quarterDemonstrated the functionality of the Guardian®

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), 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. Recent highlights include: Met customer field trial milestones in shipyard mai

SALT LAKE CITY, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC) 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. 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 November 8, 2022, at investor.sarcos.com through December 8, 2022. For more information on Sarcos, its leadership team, and its award-winning product portfolio, please visit www.sarcos.com. About Sarcos Technology and Robotics CorporationSarcos Technology and Robotics Cor

Initial production of commercial units of Guardian® XTTM 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 Corporation ("Sarcos") (NASDAQ:STRC), a leader in the development of highly dexterous robotic systems that augment humans to enhance productivity and safety, today announced financial res

SALT LAKE CITY, July 26, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC) 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 information on Sarcos, its leadership team, and its award-winning product portfolio, please visit www.sarcos.com. About Sarcos Technology and Robotics CorporationSarcos Technology and Robotics Corporation (NASD

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), 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 March 31, 2022. Recent highlights include: Announced the successful closing of the previously anno

SALT LAKE CITY, April 27, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC) 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 information on Sarcos, its leadership team, and its award-winning product portfolio, please visit www.sarcos.com. About Sarcos Technology and Robotics CorporationSarcos Technology and Robotics Corporation (NASDAQ:STR

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), 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 and full-year ended December 31, 2021. Recent highlights include: Announced the planned acquisition of RE2 Robotics, an award-winning developer of intelligent mobile mani

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 the size of Sarcos' engineering team Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC) today announced that the Company has reached a definitive merger agreement to acquire Pittsburgh-based RE2, Inc., a developer of autonomous and teleoperated mobile robotic systems for use in the

SALT LAKE CITY, March 15, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC) 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 basis at investor.sarcos.com. An archive of the call will be available beginning on March 29, 2022, at investor.sarcos.com through April 29, 2022. For more information on Sarcos, its leadership team, and its award-winning product portfolio, please visit www.sarcos.com. About Sarcos Technology and Robotics Corporation Sarcos Technology and Robotics Cor

Closed the business combination with Rotor Acquisition Corp. September 24, 2021, and listed on The Nasdaq Global Market on September 27, 2021 Ended the third quarter 2021 with $239 million in unrestricted cash and cash equivalents Substantial progress on Guardian® XO® and Guardian® XTTM "Beta" unit development with no "showstoppers" on the horizon SALT LAKE CITY, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), 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 ended September 30, 2021. Recent highlights include: S

SALT LAKE CITY, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC) will webcast a live audio feed of its third quarter 2021 financial results conference call with financial analysts on Tuesday, November 9, 2021, at 8:00 a.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 November 9, 2021, at investor.sarcos.com through December 9, 2021. For more information on Sarcos, its leadership team, and its award-winning product portfolio, please visit www.sarcos.com. About Sarcos Technology and Robotics Corporation Sarcos Technology and Robotics Corporation (