Sarcos Technology and Robotics Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Public

  • Employees
  • 70

Employees

  • Stock Symbol
  • PDYN

Stock Symbol

  • Investments
  • 2

  • Share Price
  • $1.49
  • (As of Thursday Closing)

Sarcos Technology and Robotics General Information

Description

Palladyne AI Corp is a software company focused on autonomy for robotic systems. Its artificial intelligence and machine learning software seeks to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. AI and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. Palladyne AI software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing.

Contact Information

Website
www.sarcos.com
Formerly Known As
Raytheon Sarcos, Sarcos Technology & Robotics Corporation.
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Other Commercial Products
Electrical Equipment
Stock Exchange
NAS
Corporate Office
  • 650 South 500 West
  • Suite 150
  • Salt Lake City, UT 84101
  • United States
+1 (888) 000-0000

Sarcos Technology and Robotics Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Sarcos Technology and Robotics Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.49 $1.59 $0.40 - $3.25 $45.8M 25.9M 1.01M -$4.51

Sarcos Technology and Robotics Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV (23,739) (23,739) (46,546) 1,188,491
Revenue 6,146 6,146 14,569 5,075
EBITDA (113,280) (113,280) (159,260) (80,942)
Net Income (115,593) (115,593) (157,130) (81,508)
Total Assets 60,426 60,426 167,625 235,823
Total Debt 12,396 12,396 13,277 7
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Sarcos Technology and Robotics Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Sarcos Technology and Robotics Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Sarcos Technology and Robotics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Palladyne AI Corp is a software company focused on autonomy for robotic systems. Its artificial intelligence and machine
Electronic Equipment and Instruments
Salt Lake City, UT
70 As of 2023
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00000 00000000
Yamanashi, Japan
00000 As of 0000
00000000

0000 0

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0000000000 000000000
Bedford, MA
000 As of 0000
000.00
000000 - 000 000.00
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Sarcos Technology and Robotics Competitors (12)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Fanuc Corporation Yamanashi, Japan 00000 00000000
Soft Robotics Venture Capital-Backed Bedford, MA 000 000.00 000000 - 000 000.00
Rethink Robotics Formerly VC-backed Bochum, Germany 00 00000 000000000000
Roboteam Venture Capital-Backed Petah Tikva, Israel 00 0000 000000 - 000 0000
Clearpath Robotics Formerly VC-backed Kitchener, Canada 000 0000 000000&0 0000
You’re viewing 5 of 12 competitors. Get the full list »

Sarcos Technology and Robotics Executive Team (22)

Name Title Board Seat Contact Info
Benjamin Wolff JD Chief Executive Officer & Board Member
James Ryder President & Chief Operating Officer
Drew Hamer Chief Financial Officer
Jorgen Pedersen Chief Operating Officer, Operations
Denis Garagić Chief Technology Officer
You’re viewing 5 of 22 executive team members. Get the full list »

Sarcos Technology and Robotics Board Members (15)

Name Representing Role Since
Benjamin Wolff JD Sarcos Technology and Robotics Chief Executive Officer & Board Member 000 0000
Brian Finn Sarcos Technology and Robotics Board Member 000 0000
Cecilia Prieto Sarcos Technology and Robotics Board Member 000 0000
Dennis Weibling Self Chairman & Board Member 000 0000
Eric Olson Sarcos Technology and Robotics Board Member 000 0000
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Sarcos Technology and Robotics Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Sarcos Technology and Robotics Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Sarcos Technology and Robotics Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
RE2 Robotics 25-Apr-2022 0000000000 000.00 Other Hardware 0000 0000
Rotor Acquisition 24-Sep-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC) 00000000
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Sarcos Technology and Robotics ESG

Risk Overview

Risk Rating

Updated May, 09, 2023

31.36 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,842

Rank

00.00

Percentile

Machinery

Industry

00 of 589

Rank

00.00

Percentile

Industrial Machinery

Subindustry

00 of 434

Rank

00.00

Percentile

To view Sarcos Technology and Robotics’s complete esg history, request access »

Sarcos Technology and Robotics FAQs

  • When was Sarcos Technology and Robotics founded?

    Sarcos Technology and Robotics was founded in 1983.

  • Who is the founder of Sarcos Technology and Robotics?

    Fraser Smith Ph.D, Marc Olivier Ph.D, Stephen Jacobsen, and Julie Wolff JD are the founders of Sarcos Technology and Robotics.

  • Who is the CEO of Sarcos Technology and Robotics?

    Benjamin Wolff JD is the CEO of Sarcos Technology and Robotics.

  • Where is Sarcos Technology and Robotics headquartered?

    Sarcos Technology and Robotics is headquartered in Salt Lake City, UT.

  • What is the size of Sarcos Technology and Robotics?

    Sarcos Technology and Robotics has 70 total employees.

  • What industry is Sarcos Technology and Robotics in?

    Sarcos Technology and Robotics’s primary industry is Electronic Equipment and Instruments.

  • Is Sarcos Technology and Robotics a private or public company?

    Sarcos Technology and Robotics is a Public company.

  • What is Sarcos Technology and Robotics’s stock symbol?

    The ticker symbol for Sarcos Technology and Robotics is PDYN.

  • What is the current stock price of Sarcos Technology and Robotics?

    As of 18-Apr-2024 the stock price of Sarcos Technology and Robotics is $1.49.

  • What is the current market cap of Sarcos Technology and Robotics?

    The current market capitalization of Sarcos Technology and Robotics is $45.8M.

  • What is Sarcos Technology and Robotics’s current revenue?

    The trailing twelve month revenue for Sarcos Technology and Robotics is $6.15M.

  • Who are Sarcos Technology and Robotics’s competitors?

    Fanuc, Soft Robotics, Rethink Robotics, Roboteam, and Clearpath Robotics are some of the 12 competitors of Sarcos Technology and Robotics.

  • What is Sarcos Technology and Robotics’s annual earnings per share (EPS)?

    Sarcos Technology and Robotics’s EPS for 12 months was -$4.51.

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