Sarcos and VideoRay Sign Agreement to Offer Integrated Underwater Robotic Systems
Companies to sell underwater robotic systems combining VideoRay remotely operated vehicles and Sarcos Guardian® Sea Class system
Under the terms of the agreement, Sarcos and VideoRay will each be able to sell an integrated underwater robotic system, as well as their respective individual products, and provide replacement parts and repair services and support.
“This collaboration is significant for the industry as it will enable Sarcos and VideoRay customers to easily purchase a pre-integrated system combining VideoRay’s best-in-class remotely operated vehicles with our advanced one- or two-armed Sea Class system,” said
Sarcos Guardian Sea Class robotic system has a modular design that will easily integrate with VideoRay’s lineup of one-person portable ROVs. VideoRay systems deliver exceptional power and maneuverability, enabling operations in currents up to four knots. In
The Guardian Sea Class system can be operated with one or two six-degree-of-freedom arms and performs in depths of up to one kilometer (1,000 meters) for up to two hours at a time. It can be teleoperated or operated via supervised autonomy. As the system is electronically driven, the Guardian Sea Class eliminates the added weight, size and expense of hydraulic power unit systems, lowers maintenance costs and reduces the risk of system downtime due to failure.
“VideoRay has designed our remotely operated vehicles to perform critical jobs in the harshest environments,” said
Delivering its first ROV system in 2000, VideoRay now has annual revenue exceeding
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including future collaboration with VideoRay and product development, testing and trial plans, schedules and results. 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.
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