Sarcos Technology and Robotics Acquires RE2, Inc.
April 25, 2022
Sarcos Technology and Robotics Corporation acquired Pittsburgh-based RE2, Inc., a developer of autonomous and teleoperated mobile robotic systems and related software. The $100 million transaction closed successfully and combines Sarcos’ industrial robotics portfolio with RE2’s Sapien robotic arms and Detect/Intellect autonomy software for broader use in aviation, construction, defense, energy, medical, and subsea markets.
- Buyers
- Sarcos Technology and Robotics Corporation
- Targets
- RE2, Inc.
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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