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 The merger implies a $638 million pro forma equity value and $370 million enterprise value for Space-Eyes The combined company…
Tyler Technologies has closed its acquisition of public safety software provider CODY Systems The deal will give Tyler rights to…
Peraton has received a $109.1 million contract from the U.S. Space Force to continue providing maintenance support for the Space…
HII posted $3.4 billion in fiscal 2026 second-quarter revenue The company logged $6.7 billion in new contract awards, bringing total…
Kleiner Perkins and ICONIQ led the round, joined by CapitalG, Lightspeed, ARK Invest and others The Space Force awarded K2…
Brandon Spencer has joined Compass Strategy Design as CFO and will oversee the company’s financial management and stewardship functions Spencer…
The all-cash transaction, valued at $450 million, is expected to close in the fourth quarter of 2026 pending regulatory approval…
CACI has landed a $500 million contract to deliver its SkyValor counter-drone technology to Joint Interagency Task Force 401 The…
Under the DHA contract, the 12 selected companies stand to share a combined $300 million to support PEO DHMS deployment…
The Senate has approved a resolution advancing Roger Mason’s NRO nomination Mason joined V2X in 2025 as chief growth officer…
Fifteen companies have secured spots on a Space Force IDIQ contract Contract performance is slated to run through July 2032…
Hughes will run PCI Federal’s AI practice and build out its advanced technology group His focus is moving agencies past…
You’ve already read all related articles.
VIDEO 
