Sarcos Technology and Robotics Corporation (NASDAQ:STRC) Q3 2023 Earnings Call Transcript

So they can advance as they go through the various stages and start getting more sophisticated. We’re going to talk about internal and external sources. It could be the camera that’s on — around the various arm or part of it or it could be external cameras that are not even connected to the arm part of it. So the sophistication of the product and its interpretation of the information is being generated, will then be used by the robot and software to modify the behaviors of the robot for the various needs that customers have designed it for. So, it will be SaaS. There’ll be term licenses. There will be a number of different modules that customers can buy into based upon their various needs and based on the various solutions that they’re trying to put together, and it will be available in a number of different forms so that we can ensure their success.

Operator: [Operator Instructions] And this concludes today’s question-and-answer session. I would now like to turn the conference back to Laura Peterson for closing remarks.

Laura Peterson: Thank you. We are confident about the decision to focus on our AI/ML software and excited to build on the strong foundation that we’ve laid over many years, as we shared at our earnings call today. Thank you for joining us, and have a great evening.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.