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Stock impact report

Sarcos Technology and Robotics Corporation Moves into New Headquarters and Production Facility in Salt Lake City

Sarcos Technology and Robotics Corporation (STRC) 
Company Research Source: GlobeNewswire
SALT LAKE CITY, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the development of robotic systems that augment humans to enhance productivity and safety, today announced that it has moved into a new headquarters and production facility in the Granary District of Salt Lake City. The move to the new innovative office, lab space, and production facility, comprising more than 60,000 square feet, comes as the company completes the commercialization of its award-winning industrial robotic exoskeleton and teleoperated industrial robotic avatar products. Sarcos is expecting to increase its headcount by 60-70% over the course of 2022. It expects to start producing the commercial version of its Guardian® XO® full-body, battery-powered industrial exoskeleton and Guardian® XT™ teleoperated dexterous mobile robotic avatar system at the end of 2022. The new space, which nearly doubles the size of its previous headquar Show less Read more
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