# Sarcos Robotics acquires RE2 Robotics for $100M

Sarcos Robotics acquired RE2 Robotics for $100 million ($30M cash, $70M stock) to develop robots for dangerous tasks in aviation, construction, defence, and energy.

- Type: Acquisition
- Announced: 2022-04-01
- Where: United States
- Value: $100.0M
- Status: announced
- Products: industrial exoskeletons, mobile manipulation systems, robotic arms
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Sarcos Robotics](https://endata.com/companies/54259.md) (acquirer)
- [RE2 Robotics](https://endata.com/companies/62056.md) (target)

## Sources

- [roboticsandautomationmagazine.co.uk](https://www.roboticsandautomationmagazine.co.uk/news/mergers-acquisitions/sarcos-and-re2-to-develop-robots-for-dangerous-jobs-following-merger.html), 2022-04-01: "This transaction brings an innovative company with a complementary but additive suite of products into the Sarcos family, allowing us to offer a much wider range of solutions to address our customers’ needs."

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