About Sarcos Technology and Robotics
Palladyne AI robotics company that specializes in developing wearable and teleoperated industrial robotics.
Headquarters
Sarcos Technology and Robotics, Salt Lake City
Founded
1983-01-01
Industry
Aerospace, Industrial Automation, Robotics, Wearables
Last Funding Type
Post Ipo Equity
Valuation
1
Total Funding
$323.13 million dollars
IPO Status
Public
Financial
Sarcos Technology and Robotics Corporation may be growing as evidenced by several indicators. The company has been awarded a $13.8 million contract, which is a significant financial boost and suggests an increase in revenue. Additionally, Sarcos has developed a partnership to create an autonomous robotic solar construction system, indicating expansion in product development and potential market reach. Furthermore, the company has been recognized with an innovation award, which may reflect its increasing industry presence and reputation.
Sarcos Technology and Robotics Corporation, now known as Palladyne AI Corp., has transitioned its Nasdaq ticker symbols from STRC and STRCW to PDYN and PDYNW.
Sarcos Technology and Robotics Corporation, now known as Palladyne AI Corp., has transitioned its Nasdaq ticker symbols from STRC and STRCW to PDYN and PDYNW.
Funding Rounds
7
Number of Lead Investors
4
Total Funding Amount
$323.13 million dollars
Number of Investors
20