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0.132867132867133 0.0769230769230768 0.0769230769230768 0.0699300699300698 -0.0131468531468533 -0.048951048951049 -0.111888111888112 -0.06993006993007
Stock impact report

Sarcos Robotics is Now Palladyne AI

Sarcos Technology and Robotics Corporation (STRC) 
Company Research Source: Business Wire
Rebranding Emphasizes New Focus on Brain over BrawnPalladyne AI is Commercializing Advanced AI Software that Enables Robots to Observe, Learn, Reason and Act Like Humans SALT LAKE CITY--(BUSINESS WIRE)--Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) 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 company's history. This rebranding is not just a change in name but a reflection of our commitment to delivering a fundamentally superior type of intelligence for both mobile and stationary robots by enabling robots to observe, learn, reason and act in a manner Show less Read more
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