Sarcos Stock

sarcos.comIndustrialFounded: 2015

Sarcos is a developer of mobile, highly dexterous robotic systems designed for dynamic or unstructured environments.

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Enterprise Value (based on primary financings)

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News

The deal, valued at $100M, includes $30M in cash and $70M in Sarcos stock. Sarcos notes that its 100+ employees will stay on-board during the transition. That includes CEO Jorgen Pedersen, who will step into the COO position at the newly merged company.