Palladyne AI Corp.

Palladyne AI Corp. (Nasdaq: STRC), formerly Sarcos Technology and Robotics Corporation, is an industrial robotics and artificial intelligence company that entered the public markets in 2021 through a business combination with Rotor Acquisition Corp., a blank-check vehicle sponsored by Rotor Sponsor LLC. The merger listed the combined company on Nasdaq under the STRC ticker, placing it within the enterprise robotics and AI technology sector. The company filed this 8-K on July 1, 2022, during its post-combination operating period. Palladyne AI subsequently rebranded from its Sarcos identity as it evolved its product and corporate focus. Sign up at SpacDesk for complete filing histories, sponsor profiles, and deal analytics on STRC and the broader de-SPAC universe.