Sale of commercially out there Guardian Sea Class methods is a vital milestone for Sarcos
SALT LAKE CITY— Oct. 17, 2023 — Sarcos Expertise and Robotics Company (“Sarcos”) (NASDAQ: STRC and STRCW), a frontrunner within the design, improvement, and manufacturing of superior robotic methods, options, and software program that redefine human prospects, introduced at present that it fulfilled an order from Atlantas Marine (“Atlantas”) for 2 Guardian Sea Class robotic methods and a help package deal. Sarcos delivered the methods within the third quarter of 2023.
The Guardian Sea Class is a teleoperated, dual-armed manipulation system with six-function dexterity per arm and performs in depths of as much as one kilometer (1,000 meters). When built-in with VideoRay’s Defender ROV, which delivers distinctive energy and maneuverability, it’s anticipated to allow operations in currents as much as 4 knots. Using the Guardian Sea Class system reduces the necessity for divers to work in harmful underwater circumstances, permitting for safer, quicker operations.
“We’re wanting ahead to placing the built-in Sarcos and VideoRay underwater system to work,” stated Charlie Foll, Chief Government Officer, Atlantas Marine. “One of many key pillars of our enterprise is offering the world’s most complete and sought-after subsea offshore inspection providers utilizing the best high quality tools. The Guardian Sea Class helps guarantee we offer the very best service to our clients whereas protecting our workers protected.”
The Guardian Sea Class system is electronically pushed, eliminating the added weight, measurement and expense of hydraulic energy unit methods, reducing upkeep prices and decreasing the chance of system downtime. When paired with VideoRay’s Defender ROV, it augments the ROV’s current capabilities, flexibility and upgradeability, to carry out a various vary of complicated and exact duties utilizing handheld instruments and sensors.
“This sale to Atlantas is a vital milestone that demonstrates Sarcos’ means to convey complicated robotic methods to market. This sale allows us to reveal the vital position our complicated robotic methods play in difficult underwater environments,” stated Matt Vogt, Chief Income Officer, Sarcos. “We work to supply job-critical options to our clients that additionally stop damage and save lives within the harshest and most inhospitable environments. The Sarcos-VideoRay mixed system is predicted to supply probably the most superior underwater inspection and intervention capabilities available on the market, driving down organizational upkeep prices and defending human capital.”
For extra info on Sarcos and its underwater robotics options, please go to www.sarcos.com.
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About Sarcos Expertise and Robotics Company
Sarcos Expertise and Robotics Company (NASDAQ: STRC and STRCW) designs, develops, and manufactures a broad vary of superior cell robotic methods, options, and software program that redefine human prospects and are designed to allow the most secure most efficient workforce on the earth. Sarcos robotic options handle the difficult, unstructured, industrial environments for markets that require a excessive diploma of accuracy, effectivity and may profit from job autonomy. For extra info, please go to www.sarcos.com and join with us on LinkedIn at www.linkedin.com/firm/sarcos.
About Atlantas Marine Ltd
Atlantas Marine is a privately owned UK firm, which makes a speciality of supplying underwater robotic tools and providers to navy and non-military clients. We’ve got been UK sellers for VideoRay for over 22 years, and provide a spread of merchandise, together with the VideoRay ‘Defender’ ROV, Atlantas ‘Storm’ digicam and Sarcos Guardian Sea Class robotic arm manipulators. We’re ISO9001, 14001 and 45001 licensed and we offer full after-sales technical help, coaching, and upkeep providers. For extra info, please go to www.atlantasmarine.com.
Ahead-Trying Statements
This press launch accommodates forward-looking statements throughout the which means of the Personal Securities Litigation Reform Act of 1995, together with statements relating to Sarcos’ merchandise and their integration with different know-how. Ahead-looking statements are inherently topic to dangers, uncertainties, and assumptions. Typically, statements that aren’t historic information, together with statements regarding potential or assumed future actions, enterprise methods, occasions, or outcomes of operations, are forward-looking statements. These statements could also be preceded by, adopted by, or embrace the phrases “believes,” “estimates,” “expects,” “initiatives,” “forecasts,” “could,” “will,” “ought to,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or “proceed” or related expressions. Such forward-looking statements contain dangers and uncertainties that will trigger precise occasions, outcomes, or efficiency to vary materially from these indicated by such statements. These forward-looking statements are based mostly on Sarcos’ administration’s present expectations and beliefs, in addition to a lot of assumptions regarding future occasions. Nevertheless, there may be no assurance that the occasions, outcomes, or traits recognized in these forward-looking statements will happen or be achieved. Ahead-looking statements converse solely as of the date they’re made, and Sarcos isn’t underneath any obligation and expressly disclaims any obligation, to replace, alter or in any other case revise any forward-looking assertion, whether or not on account of new info, future occasions, or in any other case, besides as required by legislation.
Readers ought to rigorously assessment the statements set forth within the studies which Sarcos has filed or will file now and again with the Securities and Change Fee (the “SEC”), particularly the dangers and uncertainties set forth within the sections of these studies entitled “Danger Components” and “Cautionary Notice Concerning Ahead-Trying Statements,” for an outline of dangers dealing with Sarcos and that might trigger precise occasions, outcomes or efficiency to vary from these indicated within the forward-looking statements contained herein. The paperwork filed by Sarcos with the SEC could also be obtained freed from cost on the SEC’s web site at www.sec.gov.
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