Worthington Steel, Inc. reports company news centered on value-added steel processing, quarterly and annual operating results, dividends, conference calls and corporate updates. Its business updates describe carbon flat-rolled steel processing, electrical steel laminations, tailor welded products and related capabilities such as galvanizing, pickling, configured blanking, specialty cold reduction and lightweighting.
Worthington Steel news also includes disclosures about material agreements, capital-structure matters and shareholder-related developments when they affect the company’s public reporting. The recurring news record reflects a NYSE-listed Ohio company with steel-processing operations across the United States and international markets.
Vicarious Surgical Inc. (NYSE: RBOT) celebrated its public listing by ringing the closing bell at the New York Stock Exchange on September 21, 2021. The company's merger with D8 Holdings Corp. was completed on September 17, 2021, and trading began on September 20, 2021. Vicarious Surgical aims to enhance surgical procedures' efficiency and patient outcomes using advanced robotics and virtual reality technology. The firm's innovative surgical approach has received FDA Breakthrough Device Designation, marking a significant milestone in minimally invasive surgical robotics.
Rotor Acquisition Corp. announced shareholders approved its business combination with Sarcos Robotics, a leader in robotic systems for enhancing human productivity. The transaction is expected to close on September 24, 2021, with the combined company trading on Nasdaq under the ticker STRC from September 27, 2021. Proceeds will support the scale production of Sarcos' Guardian XO and XT robotic systems to address the global skilled labor shortage, enhancing safety and productivity across industries.
Rotor Acquisition Corp. (NYSE: ROT) urges stockholders to vote "FOR" its proposed business combination with Sarcos Corp. at a special meeting scheduled for September 15, 2021. Following the merger, the company will be renamed to Sarcos Technology and Robotics Corporation and will transfer its listing from the NYSE to Nasdaq under the ticker symbols STRC and STRCW, expected to commence trading around September 27, 2021. Stockholders are encouraged to participate and vote promptly.
Kaleyra, Inc. (NYSE:KLR, NYSE American:KLR WS) has been invited to present at the 10th Annual Gateway Conference on September 9, 2021. Management will present at 7:30 a.m. Pacific time and participate in one-on-one meetings. The presentation will be available for live webcast. Kaleyra provides cloud communications solutions with over 3,800 customers worldwide, supporting multi-channel communications through robust APIs across 190+ countries.
Sarcos Defense announced several U.S. government agencies have ordered the Guardian HLS Heavy-Lift System, a battery-powered pneumatic system designed for rapid recovery and rescue operations. This innovative system can lift objects up to 45,000 pounds in under a minute and is operated by a single person, providing significant improvements in speed, weight, and stability over existing solutions. These contracts underscore the technology's validation and Sarcos' strong relationships in the defense sector, further enhancing its market position.
Mirion Technologies, Inc. announced a significant milestone in its proposed business combination with GS Acquisition Holdings Corp II (GSAH) by delivering the first batch of 880 AccuRad Personal Radiation Detectors (PRDs) under a $121 million contract with the Department of Homeland Security. This contract aims to support the Securing the Cities initiative. Mirion expects to provide a total of 4,001 units in the first year. The company emphasizes the importance of its technology in enhancing safety for emergency responders facing radiological threats.
Sarcos Robotics has successfully completed its first field demonstrations of the Guardian XT industrial robotic avatar system, marking a significant step towards commercialization expected by the end of 2022. These demonstrations were conducted in the Pacific Northwest and Southern U.S. and showcased the system's capabilities in dangerous tasks such as tree trimming around powerlines and nondestructive testing in a chemical plant. Sarcos plans to integrate its SenSuit wearable robot controller to enhance teleoperation of the Guardian XT. The company is set to merge with Rotor Acquisition Corp., with the transaction expected to close in Q3 2021.