Contract to support development of system used to detect, track and classify time-critical objects in adversarial environments

Sarcos Defense, a wholly-owned subsidiary of Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the development of robots that augment humans to enhance productivity and safety, today announced that it has been awarded a new contract (FA8750-22-C-1005) by Air Force Research Laboratory (AFRL) for the development of a collaborative sensing platform for the detection, tracking, and classification of time-critical objects in dynamic adversarial environments to benefit the Department of Defense (DoD).

Sarcos will focus its research on the development of collaborative sensing algorithms designed to enable autonomous and semi-autonomous platforms to perform accurate detection, tracking and classification of known and unknown objects of interest, both stationary and moving, over space and time. This effort centers around Closed Loop Ubiquitous Tasking and Control of Heterogeneous Exploring Sensors (CLUTCHES), which defines a novel artificial intelligence (AI) framework that combines upstream multi-sensor fusion with adaptive real-time sensor management on individual platforms.

Sarcos expects this research to continue to benefit its commercial robotics products, particularly its Cybernetic Training for Autonomous Robots (CYTAR™) AI platform, which Sarcos is also working with AFRL to develop. In addition, work in this area is expected to improve situational awareness and safety for Sarcos’ robotic technologies, including its Guardian^® XT™ / Guardian^® DX highly dexterous teleoperated robot and Guardian^® XO^® full-body, battery-powered industrial exoskeleton.

“This new contract with AFRL will support our development efforts for a collaborative sensing solution that enables our DoD partners to quickly, accurately, and safely identify, track, and classify time-critical objects using autonomous heterogenous sensor networks and AI,” said Dr. Denis Garagić, Chief Technology Officer, Sarcos. “This project has significant potential across the U.S. defense industry and beyond, to improve the operations, safety, data collection and communication of autonomous platforms, such as UASs and UAVs.”

“This research is critically important to the DoD and may have significant benefits to our overall U.S. defense operations,” said Dr. Peter Zulch, Air Force Research Labs. “Our collaboration with Sarcos is long-standing and this new contract will allow us to develop a platform that will enable autonomous systems equipped with various sensors to work more effectively together and help the DoD make faster and better-informed operational decisions about potential threats.”

For more information about Sarcos Defense, please visit www.sarcos.com/defense.

Cleared for public release by the Air Force Research Laboratory on May 4, 2022; Case Number AFRL-2022-2091

About Sarcos Defense

Sarcos Defense, based in Salt Lake City, Utah, is a wholly-owned subsidiary of Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW), a leader in robotic systems that augment humans to enhance productivity and safety. Sarcos Defense is led by an elite team of proven former U.S. military officers and business leaders who understand the current and future threat environment and are well equipped to deliver solutions that meet the needs of the modern military. Working closely with the U.S. Department of Defense and other federal and international government agencies, Sarcos Defense identifies capability gaps and undertakes research and development efforts, as well as rapid systems integration, to transform Sarcos’ commercial products into specialized, mission-ready solutions that meet the specified requirements. For more information, please visit www.sarcos.com/defense.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including areas of future research and development and the capabilities and benefits of those efforts. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or “continue” or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are based on Sarcos’ management’s current expectations and beliefs, as well as a number of assumptions concerning future events. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Sarcos is not under any obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Readers should carefully review the statements set forth in the reports which Sarcos has filed or will file from time to time with the Securities and Exchange Commission (the “SEC”). In addition to factors previously disclosed in Sarcos’ reports filed with the SEC and those identified in this press release, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: Sarcos’ ability to execute on its business strategy, address staffing shortages and supply chain disruptions, launch its products within expected timelines, develop new products and services and enhance existing products and services; ability to respond rapidly to emerging technology trends; ability to compete effectively, recruit and retain qualified personnel and manage growth and costs; and other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in documents filed from time to time with the SEC. The documents filed by Sarcos with the SEC may be obtained free of charge at the Company’s website at www.sarcos.com or at the SEC’s website at www.sec.gov.

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