Sarcos Technology and Robotics Corporation (STRC)

2.4100 +0.0600 (+2.55%) At close: 04:00PM EDT

Sarcos Technology and Robotics Corporation

650 South 500 West
Suite 150
Salt Lake City, UT 84101
United States
888 927 7296
https://www.sarcos.com

Sector(s): Technology
Industry: Computer Hardware
Full-time employees: 160

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Benjamin G. Wolff	Co-Founder & Exec. Chairman	621.76k	N/A	1969
Ms. Kiva A. Allgood	Pres, CEO & Director	169.69k	N/A	1973
Dr. Fraser Smith	Co-Founder & Chief Innovation Officer	457.22k	N/A	1959
Dr. Marc Olivier	Co-Founder & Chief Architect	N/A	N/A	1958
Mr. Steven Q. Hansen	Exec. VP & CFO	N/A	N/A	1966
Mr. Jorgen Pedersen	Chief Operating Officer	N/A	N/A	1972
Dr. Denis Garagic	Chief Technology Officer	N/A	N/A	1970
Ben Mimmack	Head of Investor Relations	N/A	N/A	N/A
Mr. Steve Sonne J.D.	Chief Legal Officer & Sec.	N/A	N/A	N/A
Ms. Kristi Martindale	Exec. VP, Chief Product & Marketing Officer	N/A	N/A	1967

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Sarcos Corp., a robotics and sensor company, designs, builds, and produces dexterous tele-operated robotic systems. Its products include Guardian S, an unmanned ground vehicle for security, inspection, and non-destructive testing available in a Robot-as-a-Service offering; Guardian GT, a big arm system or dual-armed human-controlled robot mounted on an agile tracked vehicle base for commercial, industrial, and first responder environments; and Guardian XO, a robot that features an exoskeleton suit; SenSuit controller garment for enhanced teleoperation of the Guardian XT (a highly dexterous mobile robotic system); and humanoid solutions. The company also provides advanced robotic systems for industry, entertainment; medical devices, including artificial limbs and vascular systems; and mechanical and electrical microsystems for practical applications. The company serves healthcare, life sciences, telecommunications, robotics, defense, and entertainment industries. Sarcos Corp. was founded in 1983 and is based in Salt Lake City, Utah with an additional office in Bellevue, Washington. Sarcos Corp. is a former subsidiary of Raytheon Company.

Corporate governance

Sarcos Technology and Robotics Corporation’s ISS governance QualityScore as of 1 October 2022 is 9. The pillar scores are Audit: 10; Board: 7; Shareholder rights: 8; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.