Sarcos Robotics

[ACTIVE]

Exoskeletons · HQ: Salt Lake City, Utah · Est. 1983 · 1 model registered · 1 deployments

New deploymentFunding gap >24mo

As of Sep 2026, DEPLOY verifies Sarcos Robotics: 1 model, 1 deployment across 1 region, $70.0M raised. 7 sources back the record.

Ownership

ACTIVE

Capital / Funding

$70M

Headquarters

Salt Lake City, Utah

IP / Patents

6 Active

Platform Models

1

Audited Incidents

0

Overview

Sarcos Robotics (now Palladyne AI, NASDAQ: PDYN) developed the 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.

Audited Posture AssessmentPeer Percentile: 52.9%

Clean safety record across 1 verified deployment. Deployment footprint remains limited relative to category peers.

  • PUBLIC
  • EXOSKELETON

Key Facts

FocusPowered exoskeleton and teleoperated robots for industrial and defense
RobotGuardian XO and Guardian XT
StageRestructured in 2023
NYSE (now)PDYN (Palladyne AI)
CEOBen Wolff (returned Jan 2024)
Key productsGuardian XO exoskeleton, Guardian XT, Sapien 6M
InvestorsCaterpillar, Microsoft, GE, Cottonwood
Series C$40M
FounderStephen Jacobsen (1983)
StockNASDAQ: PDYN (formerly STRC, pre-Apr 2024)
Financial stagedistressed — pivoted from hardware to AI software Nov 2023; ~150 layoffs
SPAC mergerRotor Acquisition Corp. (Sept 2021) → Nasdaq: STRC → rebranded Palladyne AI (Mar 2024) → PDYN
AcquiredRE2 Robotics (April 2022)
USAF contract$13.8M SBIR Phase II (Sept 2023)
Prior nameSarcos Technology and Robotics Corporation (2015–2024); Raytheon Sarcos (2007–2015)

Safety & Regulatory Posture

0 entries
Audited Incident & Recall Footprint

No incidents on record for Sarcos Robotics.

Leadership & Founders

5 entries

Current Program Leadership & Executives

Denis GaragićSEC-verified

CTO

Ben WolffSEC-verified

CEO & Chairman

Founding Team

Stephen Jacobsen[Founder]

sole · no longer at company

Fraser Smith[Founder]

cofounder · no longer at company

Ben Wolff[Founder]

cofounder · Palladyne AI (formerly Sarcos)

Key Former Leadership (4 Tracked)

Stephen JacobsenFounder
Laura PetersonCEO (May 2023–Jan 2024)
Fraser SmithPresident & Co-founder
Kiva AllgoodCEO (Dec 2021–May 2023)

Partnerships & Commercial Deployments

2 entries
Total Tracked0
Operating0
Announced0
Concluded0

Operator Customers & Fleet Integrators

Sarcos Robotics - 1 deploymentSarcos Robotics

Patents & Intellectual Property

6 entries
Active IP Portfolio (6 Filings Tracked)

Platform Models

1 entry

Deployments

1 entry

Sectors & Applications

2 entries

FAQ

12 entries
What is Sarcos Robotics?

Sarcos Robotics (now Palladyne AI, NASDAQ: PDYN) developed the 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.

What does Sarcos Robotics make?

Sarcos Robotics has 1 robot model on the DEPLOY registry: Guardian XO (Sarcos Robotics builds physical robots).

Is Sarcos Robotics publicly traded?

Sarcos Robotics is not yet publicly traded but is in the process of going public, per the DEPLOY registry.

Who competes with Sarcos Robotics?

On the DEPLOY registry, peer companies to Sarcos Robotics building in the same form factors include Fourier Intelligence, Honda, Lockheed Martin, Wandercraft.

Who is the CEO of Sarcos Robotics?

Ben Wolff is the ceo of Sarcos Robotics, per the DEPLOY registry.

How can I invest in Sarcos Robotics?

Sarcos Robotics is going public via a SPAC merger; its shares become buyable once it begins trading.

Where is Sarcos Robotics headquartered?

Sarcos Robotics is headquartered in Salt Lake City, Utah, USA.

How much funding has Sarcos Robotics raised?

Sarcos Robotics has raised approximately $70M in disclosed funding on record in the DEPLOY registry.

Where does Sarcos Robotics operate robots?

Sarcos Robotics operates 1 verified deployment, including at Salt Lake City, USA.

How many robots has Sarcos Robotics deployed?

DEPLOY has 1 verified Sarcos Robotics deployment on record at sites including Salt Lake City, USA. That is a count of distinct field deployments each backed by sourced evidence, not a manufacturer's claimed unit total; it updates as new sites are verified.

Is Sarcos Robotics a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Sarcos Robotics ranks in roughly the top 48% of companies tracked by the registry.

Is Sarcos Robotics safe?

Sarcos Robotics has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.