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sarcos

Sarcos Technology and Robotics Corporation to acquire RE2

March 28, 2022 by David Edwards Leave a Comment

Sarcos Technology and Robotics Corporation has reached a definitive merger agreement to acquire Pittsburgh-based RE2, a developer of autonomous and teleoperated mobile robotic systems for use in the aviation, construction, defense, energy and medical industries.

This transaction brings together two leading commercial robotics teams focused on industrial robotic technologies that improve worker safety and productivity.

Consideration for the transaction is $100 million, consisting of $30 million in cash, which Sarcos expects to fund with cash on hand, and $70 million of Sarcos common stock. [Read more…] about Sarcos Technology and Robotics Corporation to acquire RE2

Filed Under: News, Wearable Tagged With: robotic, robotics, sarcos, team, transaction

Sarcos Robotics ‘merges’ with Rotor Acquisition

December 14, 2021 by David Edwards Leave a Comment

Shareholders in Rotor Acquisition, a publicly-traded special-purpose acquisition company, have approved what’s being described as a “business combination” – possibly meaning a merger – with Sarcos Robotics, a maker of exoskeletons.

Upon completion of the transaction, subject to the satisfaction of certain customary closing conditions, Rotor will change its name to Sarcos Technology and Robotics Corporation.

The post-closing company’s common stock and warrants are expected to commence trading on the Nasdaq under the ticker symbols “STRC” and “STRCW” respectively. [Read more…] about Sarcos Robotics ‘merges’ with Rotor Acquisition

Filed Under: Humanoids Tagged With: acquisition, approved, ben, business, ceo, chairman, combination, companies, company, current, dexterous, enabling, future, global, highly, industries, labor, management, mobile, productive, robotic, robotics, rotor, safer, sarcos, shortage, skilled, systems, team, wolff, work, workers, workforce

Sarcos Robotics signs up Pine Environmental as distribution partner

August 23, 2021 by David Edwards Leave a Comment

Sarcos Robotics, a developer of exoskeletons and other robotic systems, has signed up Pine Environmental Services as an official distributor.

Pine Environmental is a professional services company providing equipment for environmental monitoring, nondestructive testing, visual inspection, and continuous emissions monitoring.

The agreement will see Pine Environmental become an official distributor of the award-winning Guardian S remote visual inspection and surveillance robot. [Read more…] about Sarcos Robotics signs up Pine Environmental as distribution partner

Filed Under: Business, News Tagged With: america, asset, company, customers, environmental, equipment, guardian, improvements, including, inspection, maintenance, management, north, percent, pine, remote, robot, robotics, sarcos, Surveillance, technology, tool, visual

Sarcos Robotics and T-Mobile team up to integrate 5G into Guardian XT exoskeleton robot

August 13, 2021 by David Edwards Leave a Comment

Sarcos Robotics, a developer of robotic exoskletons, and telecommunications company T-Mobile, have agreed a collaboration to integrate T-Mobile 5G into the Sarcos Guardian XT highly dexterous mobile industrial robot.

The Guardian XT robot is a remote-controlled robotic system designed to help humans safely work in hazardous conditions, performing tasks such as lifting heavy materials or using power tools at significant heights.

With T-Mobile 5G integration, the companies aim to improve performance and response time for remote operations, so the robots can perform tasks more quickly and more in tune with their operator’s movements. [Read more…] about Sarcos Robotics and T-Mobile team up to integrate 5G into Guardian XT exoskeleton robot

Filed Under: Humanoids, News Tagged With: company, development, expected, guardian, industrial, integration, network, remote, robot, robotic, robotics, sarcos, system, t-mobile, tasks, teleoperation, viewing, xt

Sarcos Robotics exoskeleton included in Time Magazine’s Best Inventions of 2020 list

November 23, 2020 by David Edwards Leave a Comment

Sarcos Robotics, a maker of robots that augment humans to enhance productivity and safety, says that its Guardian XO industrial exoskeleton has been chosen by Time Magazine as one of the 100 Best Inventions of 2020.

Sarcos says its exoskeleton is “the world’s first full-body, battery-powered wearable industrial robot designed to increase strength and endurance”.

The Guardian XO exoskeleton was selected for this prestigious annual list in the Productivity category, among three other products designed to streamline the way we work. [Read more…] about Sarcos Robotics exoskeleton included in Time Magazine’s Best Inventions of 2020 list

Filed Under: Humanoids, News Tagged With: best, chosen, designed, exoskeleton, guardian, included, industrial, inventions, list, magazine, robot, robotics, sarcos, time, xo

Sarcos Robotics raises $40 million in Series C funding

September 3, 2020 by Liv Leave a Comment

Sarcos Robotics, a global leader in the production of robots that augment humans to enhance productivity and safety, announced that it has raised $40 million in an oversubscribed Series C financing round.

The Series C round was led by Rotor Capital, with most of the company’s existing investors participating in the financing.

The Series C funding will be used to begin commercial production of the company’s Guardian XO industrial exoskeleton – the world’s first full-body, battery-powered wearable industrial robot designed to increase strength and endurance – scheduled for commercial release in 2021. [Read more…] about Sarcos Robotics raises $40 million in Series C funding

Filed Under: Industrial robots, News Tagged With: battery-powered, commercial, exoskeleton, full-body, funding, global, guardian, guardian exoskeleton, human, industrial, intelligence, jobs, production, robot, robotics, sarcos, sarcos robotics, series, xo

Sarcos Robotics chooses MFE Rentals as resale partner for its snake-like robot

July 14, 2020 by David Edwards Leave a Comment

Sarcos Robotics and MFE Rentals have agreed a partnership giving MFE Rentals customers premier access to the snake-like Guardian S robotic crawler system (main picture).

The Guardian S is a compact, multi-purpose remote visual inspection tool designed to traverse challenging terrain while maintaining real-time two-way video, voice and data communication.

Sarcos says the Guardian S robot, created and built in the United States, is designed to navigate unstructured and unpredictable environments that previously no other crawler had the capabilities to access. [Read more…] about Sarcos Robotics chooses MFE Rentals as resale partner for its snake-like robot

Filed Under: Industry, News Tagged With: designed, guardian, industrial, inspections, maintaining, mfe, money, partner, remote, rental, rentals, resale, robot, robotics, sarcos, save, terrain, time, visual

RMUS partners with Sarcos Robotics Guardian S ‘snake’ robot

May 7, 2020 by David Edwards Leave a Comment

Rocky Mountain Unmanned Systems has partnered with Sarcos Robotics to distribute Sarcos’ Guardian S robotic crawler system.

The Guardian S robot is a compact, multi-purpose remote visual inspection tool ideal for industrial and public safety applications.

Its rugged design allows for deployment in challenging terrain and confined spaces while maintaining real-time situational awareness via wireless transmission from six high-resolution cameras and onboard audio sensors. [Read more…] about RMUS partners with Sarcos Robotics Guardian S ‘snake’ robot

Filed Under: Humanoids, News Tagged With: applications, guardian, inspection, rmus, robot, robotic, robotics, sarcos, sensors, service, system, systems, unmanned

Sarcos Robotics supplies exoskeleton to Delta Air Lines

January 8, 2020 by Sam Francis Leave a Comment

Delta Air Lines is partnering with Sarcos Robotics to test a mobile and dexterous exoskeleton designed to boost employees’ physical capabilities and bolster their safety.

Sarcos, a maker of exoskeletons, has developed the Sarcos Guardian XO, a battery-powered, full-body exoskeleton designed to boost human performance and endurance while helping to prevent injury.

This robotic suit, designed for employees to wear, does the heavy lifting. By bearing the weight of the suit and the payload, the exoskeleton may enable an employee to lift up to 200 pounds repeatedly for up to eight hours at a time without strain or fatigue. [Read more…] about Sarcos Robotics supplies exoskeleton to Delta Air Lines

Filed Under: Humanoids, News Tagged With: cargo, delta, designed, employees, exoskeleton, guardian, heavy, lifting, robotics, sarcos, suit, tech, technology, xo

Exoskeleton market projected to grow to $6 billion

May 8, 2019 by David Edwards

ottobock exoskeleton 2825966 copy

The current robotics limelight tends to focus on the ability of new innovations to automate tasks, but a less publicized development is taking place whereby passive exoskeletons have been slowly deployed and adopted to help augment the capability of human workers.

Exoskeleton popularization through passive suits will provide a base for increased resources for powered suits, which will eventually provide significant augmentative capability to the industrial workforce.

By 2028, global Exoskeleton revenues will reach $5 billion with hundreds of thousands of active exoskeletons being deployed, according to ABI Research. The research consultancy’s findings are on its report, Exoskeletons for Industrial Use Cases.

[Read more…] about Exoskeleton market projected to grow to $6 billion

Filed Under: Features, Humanoids Tagged With: abi, ability, advanced, billion, capability, challenge, data, deployed, deployment, equipment, exoskeleton, exoskeletons, future, global, hundreds, industrial, industry, insights, iot, mandated, market, opportunity, passive, platforms, powered, practices, production, protective, provide, providers, robotic, robots, sarcos, success, suits, technologies, thousands, toyota, units, whitton, will, workers

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