Sarcos Technology and Robotics Corporation Appoints Drew Hamer as Chief Financial Officer

Salt Lake City – (Business Wire)–Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) is a leading developer of highly dexterous robotic systems that increase productivity, improve safety and bring robots to non- Structured and diverse environment, the company announced the appointment of Drew Hammer as chief financial officer.

Hamer is a proven treasurer with over 25 years of financial leadership experience in public and pre-IPO technology companies. Hamer joins Sarcos from Velodyne Lidar, where he played a central role in raising capital from strategic investors and guided the company through its public offering. In recognition of his financial leadership at Velodyne Lidar, Hamer was a finalist for the 2021 Bay Area CFO of the Year Award.

Hamer will be responsible for Sarcos’ financial functions, including forecasting, budgeting, accounting, auditing, treasury and corporate finance. Hamer will be part of the executive leadership team and will report directly to the CEO.

“We are delighted to welcome Drew to the Sarcos family,” said Sarcos President and CEO Kiva Allgood. “Drew’s operational and strategic financial expertise is critical as we commercialize our suite of highly dexterous robotic systems and software platforms.”

“I’m excited to be joining Sarcos at this pivotal time in Sarcos’ growth,” Hamer said. “I look forward to working with the team to seize the great opportunity of robotics in unstructured environments.”

Hamer also serves on the board of directors of Lightjump Acquisition Corporation (NASDAQ: LJAQ).

Sarcos would like to thank Steve Hansen for his hard work and contributions over the past few years.

For more information on Sarcos and its award-winning product portfolio, visit www.sarcos.com.

About Sarcos Technology and Robotics

Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW) is a leader in industrial robotic systems that provide dexterity for unstructured environments by combining human intelligence with the strength, endurance and precision of robotic platforms robotic solutions to improve human performance. Sarcos’ mobile robotic systems include a range of telecontrol solutions, including Guardian® XT™, Sapien 6M and Sapien Sea Class.protector® XO®is a full-body powered exoskeleton that enhances worker performance by increasing lift capacity while reducing stress on the body. Sarcos’ Supervised Autonomous Platform provides computer vision and autonomous software for powerful situational awareness and insight. Sarcos has two locations, Salt Lake City, Utah and Pittsburgh, Pennsylvania. Sarcos shares trade on the Nasdaq under the ticker symbol STRC and the company’s shares are added to the Russell 2000 Index® 2022 Index. For more information, visit www.sarcos.com.

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