Sarcos reports $1.1m in revenue, $37m in losses during q3

Sarcos Technology and Robotics Corporation, a manufacturer of exoskeletons and dexterous robots, released its first financial results as a public company. It reported a net loss of $37 million in the third quarter of 2021 and $1.1 million in revenue. Sarcos merged with Rotor Acquisition Corp and went public in a SPAC merger that was finalized during Q3.

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