{"id":"1254bae1-3f65-4e82-aef1-2705db533cb5","name":"Sarcos Robotics","slug":"sarcos-robotics","description":"Sarcos Robotics (now [Palladyne AI](https://palladyneai.com), NASDAQ: PDYN) developed the [Guardian XO](/models/sarcos-robotics-guardian-xo) full-body powered exoskeleton and Guardian line of teleoperated robots for industrial, defense, and logistics applications. Founded in 1983 by University of Utah professor Stephen Jacobsen, the company went public via SPAC merger with Rotor Acquisition Corp. in September 2021 (Nasdaq: STRC). After shipping only two Guardian units by late 2023, Sarcos pivoted from hardware to AI software, rebranding as Palladyne AI in March 2024. The company now sells Palladyne IQ (industrial robot autonomy software), Palladyne Pilot (UAV flight AI), and SwarmOS, with a Palladyne Defense division established in 2025.","status":"active","founded":1983,"hq":"Salt Lake City, Utah, USA","hqLat":40.7596198,"hqLng":-111.886797,"hqGeocodedAt":"2026-08-05T14:47:36.340Z","hqAddress":null,"hqPrecision":null,"website":"sarcos.com","fundingTotal":"70000000","type":"hardware","roles":["robot_maker","robot_operator"],"reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.sarcos.com/","title":"Sarcos","date_accessed":"2026-06-07"}],"keyFacts":[{"label":"Focus","value":"Powered exoskeleton and teleoperated robots for industrial and defense"},{"label":"Robot","value":"Guardian XO and Guardian XT"},{"label":"Stage","value":"Restructured in 2023"},{"label":"NYSE (now)","value":"PDYN (Palladyne AI)"},{"label":"CEO","value":"Ben Wolff (returned Jan 2024)"},{"label":"Key products","value":"Guardian XO exoskeleton, Guardian XT, Sapien 6M"},{"label":"Investors","value":"Caterpillar, Microsoft, GE, Cottonwood"},{"label":"Series C","value":"$40M"},{"label":"Founder","value":"Stephen Jacobsen (1983)"},{"label":"Stock","value":"NASDAQ: PDYN (formerly STRC, pre-Apr 2024)"},{"label":"Financial stage","value":"distressed — pivoted from hardware to AI software Nov 2023; ~150 layoffs"},{"label":"SPAC merger","value":"Rotor Acquisition Corp. (Sept 2021) → Nasdaq: STRC → rebranded Palladyne AI (Mar 2024) → PDYN"},{"label":"Acquired","value":"RE2 Robotics (April 2022)"},{"label":"USAF contract","value":"$13.8M SBIR Phase II (Sept 2023)"},{"label":"Prior name","value":"Sarcos Technology and Robotics Corporation (2015–2024); Raytheon Sarcos (2007–2015)"}],"aliases":[],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":"PDYN","stockExchange":"NASDAQ","secCik":"0001826681","revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-06-08T04:05:19.180Z","updatedAt":"2026-08-21T22:26:44.110Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/sarcos-robotics","url":"https://registry.deploy.report/companies/sarcos-robotics","name":"Sarcos Robotics","description":"Sarcos Robotics (now [Palladyne AI](https://palladyneai.com), NASDAQ: PDYN) developed the [Guardian XO](/models/sarcos-robotics-guardian-xo) full-body powered exoskeleton and Guardian line of teleoperated robots for industrial, defense, and logistics applications. Founded in 1983 by University of Utah professor Stephen Jacobsen, the company went public via SPAC merger with Rotor Acquisition Corp. in September 2021 (Nasdaq: STRC). After shipping only two Guardian units by late 2023, Sarcos pivoted from hardware to AI software, rebranding as Palladyne AI in March 2024. The company now sells Palladyne IQ (industrial robot autonomy software), Palladyne Pilot (UAV flight AI), and SwarmOS, with a Palladyne Defense division established in 2025.","identifier":"1254bae1-3f65-4e82-aef1-2705db533cb5","foundingDate":"1983","address":"Salt Lake City, Utah, USA","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":1,"primary_source_types":[]}}}