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Robotics firm Sarcos to go public via $1 3B financing deal

Robotics firm Sarcos to go public via $1 3B financing deal
constructiondive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from constructiondive.com Daily Mail and Mail on Sunday newspapers.

SPAC Stock Ideas for Friday (and Beware the SPAC Short Sellers)

SPAC Stock Ideas for Friday (and Beware the SPAC Short Sellers) It may not feel like it, but the SPAC market may be on track to become healthier than ever. It s yield + optionality for the win. But, be careful as the field hasn t cleared yet and short sellers will make life hard for the SPACs and investors who buy into overly hyped financials and technology. Author: Yesterday s SPAC deal announcements were met with a tepid response by the market. D8 (DEH) was only up 0.9% to $10.07 on news of its deal to merge with Vicarious Surgical and  Consonance-HFW Acquisition Corp (CHFW)

Sarcos Robotics, Rotor Acquisition Merger to Deploy Robot Fleet as RaaS Solution

Sarcos Robotics merged with Rotor Acquisition Corp. to deploy its robot fleet as a robotics-as-a-service (RaaS) solution. Sarcos is developing mobile, highly dexterous robotic systems designed for dynamic or unstructured environments. Sarcos’ robotic solutions are designed to enhance individual productivity, making physically demanding jobs safer and more accessible, alleviating skilled worker shortages and reducing the economic and social impact of occupational injuries. “Sarcos is building advanced mobile industrial robotic solutions that will advance the future of the workforce,” says Ben Wolff, chairman and CEO of Sarcos. “We have a strong foundation and a clear roadmap to launch our next-generation highly dexterous mobile industrial robotic systems that are intended to increase productivity, save lives, and reduce injuries. Our transaction with Rotor accelerates our access to resources that will facilitate our broad product launch and enable us to execut

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