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Sarcos Technology & Robotics Corp

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Rotor Acquisition Corp (NASDAQ: ROT) completed its initial public offering in 2021 as a blank-check company focused on the industrial and advanced manufacturing sector, sponsored by Rotor Acquisition Holdings, LLC. In April 2021, the SPAC announced a definitive business combination agreement with Sarcos Technology and Robotics Corporation, a Salt Lake City-based developer of powered industrial exoskeletons and robotic systems engineered to augment human workers in physically demanding environments. The transaction closed in 2021, bringing Sarcos to public markets as a player in the emerging human-augmentation and industrial robotics space. For comprehensive filing history, sponsor profiles, and transaction data on Rotor Acquisition Corp and the full SPAC universe, sign up for full access at SpacDesk.

Announced
2021-04-06
Closed
2021-09-30
PIPE Raised
$100–250M
Industry
Industrial / Manufacturing

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
ROTRotor Acquisition CorpClosed2021-04-062021-09-30$276.0M$220.0MRotor Sponsor LLC