Sarcos Robotics

Sarcos Technology and Robotics Corporation is a renowned robotics company that has recently rebranded to Palladyne AI. The company, with a mission of "Combining human intelligence, instinct, and judgment with robotic strength, endurance, and precision," is a leader in advanced robotic technology. Sarcos Robotics, now Palladyne AI, specializes in creating artificial intelligence and machine learning software to enhance the intelligence, efficiency, capability, and productivity of advanced robotic systems. The company, founded in 1983 and headquartered in the United States, received a massive $220.00 million Post-IPO Equity investment at 27 September 2021. This significant investment was made by a notable group of investors including BlackRock, Caterpillar Ventures, Millennium Management, SLB, Jaws Ventures, Michael F. Price, Palantir Technologies, and Ben Wolff. Sarcos Technology and Robotics Corporation's cutting-edge technology and substantial post-IPO investment demonstrate its strong position and potential for growth in the competitive robotics industry. The company’s ability to tackle challenging and dynamic environments for industries requiring high adaptability and efficiency makes it a promising investment opportunity for venture capital firms. For more information, please visit www.sarcos.com.