Palladyne AI Corp., trading under ticker STRC and formerly known as Sarcos Technology and Robotics Corporation, entered public markets through a business combination with Rotor Acquisition Corp., a blank-check company that completed its SPAC merger in September 2021. Operating in the robotics and industrial artificial intelligence sector, the company focuses on AI-powered autonomy and exoskeleton technology for industrial applications. The S-1 registration statement filed on May 13, 2022, under accession number 0001564590-22-020145, represents a post-merger registration filing. The company has since rebranded to Palladyne AI Corp., signaling a continued strategic emphasis on AI-driven solutions. Sign up for SpacDesk to access full filing histories, sponsor profiles, and real-time SPAC data on STRC and hundreds of other deals.