Palladyne AI Corp. ("Palladyne AI" and formerly Sarcos Technology and Robotics Corporation) (NASDAQ:PDYN, NASDAQ:STRC) today announced that effective as of the market open today, April 8, 2024, the Company's ticker symbols have changed from Nasdaq: STRC and STRCW to Nasdaq: PDYN and PDYNW. The Company's intent to adopt the new ticker symbols was previously announced on March 18, 2024 when it announced its name change to Palladyne AI Corp. from Sarcos Technology and Robotics Corporation. "The updated PDYN ticker symbol is the latest step as part of our pivot to focus our business on our novel AI software platform that is intended to enable stationary and mobile robots to perform tasks that

Rebranding Emphasizes New Focus on Brain over Brawn Palladyne AI is Commercializing Advanced AI Software that Enables Robots to Observe, Learn, Reason and Act Like Humans Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC) is pleased to announce that effective today, the company has changed its name to Palladyne AI Corp. (Palladyne AI). Effective April 8, 2024, the Company's ticker symbol will change from NASDAQ: STRC to NASDAQ: PDYN. The new name reflects the company's narrowed focus on commercializing the artificial intelligence and machine learning software that it has been developing since 2020. "As Palladyne AI, we are excited to embark on this new chapter in our

Laura Peterson takes on role of Executive Vice Chairman 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

Credit Suisse initiated coverage of Sarcos Technology with a rating of Neutral and set a new price target of $9.00

Baird initiated coverage of Sarcos Technology with a rating of Neutral and set a new price target of $9.00

Robert W. Baird initiated coverage of Sarcos Technology with a rating of Neutral and set a new price target of $9.00

4 - Sarcos Technology & Robotics Corp (0001826681) (Issuer)

4 - Sarcos Technology & Robotics Corp (0001826681) (Issuer)

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4 - Palladyne AI Corp. (0001826681) (Issuer)

4 - Palladyne AI Corp. (0001826681) (Issuer)

4 - Palladyne AI Corp. (0001826681) (Issuer)

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Ben Wolff Re-joins Executive Team as Executive Vice Chairman Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), 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. Peterson has served as interim President and Chief Executive Officer since May 2023 and h

Former Boeing executive and current member of Sarcos board of directors brings decades of leadership experience as Company enters commercialization phase of its history 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 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. Peterson, who currently serves on the Sarc

Geurts brings decades of leadership experience and a history of successfully working with both private enterprise and government entities to assist Sarcos in scaling its industrial robotics business He has served in both Republican and Democratic Administrations, most recently performing the duties of the Under Secretary of the Navy after successfully serving as the Assistant Secretary of the Navy for Research, Development, and Acquisition and as the Acquisition Executive for the U.S. Special Operations Command SALT LAKE CITY, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), a leader in the development of robotic systems that aug

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

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SC 13D/A - Sarcos Technology & Robotics Corp (0001826681) (Subject)