Sarcos Robotics, Rotor Acquisition Merger to Deploy Robot Fleet as RaaS Solution

Sarcos Robotics merged with Rotor Acquisition Corp. to deploy its robot fleet as a robotics-as-a-service (RaaS) solution.

Sarcos is developing mobile, highly dexterous robotic systems designed for dynamic or unstructured environments. Sarcos’ robotic solutions are designed to enhance individual productivity, making physically demanding jobs safer and more accessible, alleviating skilled worker shortages and reducing the economic and social impact of occupational injuries.

“Sarcos is building advanced mobile industrial robotic solutions that will advance the future of the workforce,” says Ben Wolff, chairman and CEO of Sarcos. “We have a strong foundation and a clear roadmap to launch our next-generation highly dexterous mobile industrial robotic systems that are intended to increase productivity, save lives, and reduce injuries. Our transaction with Rotor accelerates our access to resources that will facilitate our broad product launch and enable us to execute potential bolt-on acquisitions to fortify our platform and enhance our capabilities. Rotor brings significant experience in the industrial and consumer sectors and a shared vision for the future of robotics and the workforce.”

“We launched Rotor Acquisition Corp. with the goal of identifying and partnering with companies that are leveraging technology and innovation to disrupt ‘old-economy’ businesses in large and growing markets,” says Stefan Selig, chairman of Rotor. “Sarcos fits these criteria perfectly, and we are excited to partner with them and create value by building out the Sarcos platform and bringing the company’s robotics technology to the global workforce.”

From BusinessWire:

• Sarcos expects to commercially release its Guardian XO full-body wearable industrial exoskeleton robot in mid-2022, followed later in the year by its Guardian XT highly dexterous force feedback industrial teleoperated robot for the aerospace, automotive, logistics, defense, maritime, oil and gas, power and utilities, construction and manufacturing industries.