Sarcos Robotics and Rotor Acquisition (NYSE: ROT) have named eight individuals who will sit on the board of the company that will form out of a pending merger with a $1.3 billion transaction value.
Ben Wolff, chairman and CEO of Sarcos , will lead the future board when both parties close the deal in the third quarter of the current calendar year, the companies said Wednesday. Wolff previously held leadership positions at Pendrell, Clearwire and Eagle River Investments.
The robotics technology developer first announced April 6 its planned combination with the special purpose acquisition company and said it aims to release the Guardian XO and XT robot offerings in the marketplace next year.
The board member nominees are:
Brian Finn, CEO of Rotor Acquisition Dennis Weibling, managing director of Rally Capital Eric Olson, former commander of U.S. Special Operations Command Laura Peterson, former vice president of Boeing Matthew Shigenobu Muta, vice president of Innovation of Delta Air Lines Peter Klein, former chief financial officer at Microsoft Priya Balasubramaniam, vice president for operations at Apple GSA’s Polly Hall will give insights on the Revolutionary FAR Overhaul and AI in procurement during her 2026 FedCiv Summit…
The appointment follows Amy Gilliland's departure early in October.
Lockheed Martin will perform engineering, integration, qualification and testing support for the F-35 navigation system.
Oracle has committed $1 billion over four years to expand partner benefits and incentives tied to AI solution development and…
Booz Allen reported $2.8 billion in Q2 fiscal 2027 revenue, a $41 billion backlog and $2.1 billion in national security…
Sigmatech's Army contract runs through October 2036, with work locations and funding to be assigned as individual orders are issued.
Two logistics support recompetes for training aircraft are expected to fall between $1 billion and $1.5 billion.
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
You’ve already read all related articles.
VIDEO