# Sarcos Robotics to merge with Rotor Acquisition Corp.

Sarcos Robotics announced a merger with SPAC Rotor Acquisition Corp. to become publicly listed, with an enterprise value of $1.3 billion and up to $496 million in proceeds. The combined company will be named Sarcos Technologies and Robotics Corporation and trade on Nasdaq under STRC.

- Type: Acquisition
- Announced: 2021-04-06
- Where: United States
- Value: $1.30B
- Status: announced
- Products: mobile industrial robotic systems, exoskeletons, robotic systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Sarcos Robotics](https://endata.com/companies/54259.md)
- [Sarcos Robotics](https://endata.com/companies/54259.md) (target)
- [Rotor Acquisition Corp.](https://endata.com/companies/54260.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1826681/000121390021020283/ea139001ex99-1_rotoracq.htm), 2021-04-06: "Sarcos Robotics today announced that it will become publicly listed through a merger transaction with Rotor Acquisition Corp."
- [robotics247.com](https://www.robotics247.com/article/sarcos_robotics_to_merge_with_spac_rotor_acquisition_as_it_commercializes_exoskeleton/sarcos_robotics), 2021-04-06: "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."
- [citybiz.co](https://www.citybiz.co/article/37854/sarcos-robotics-to-merge-with-rotor-acquisition-corp/), 2021-04-06: "Sarcos Robotics, a leader in the development of robots that augment humans to enhance productivity and safety, today announced that it will become publicly listed through a merger transaction with Rotor Acquisition Corp."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.