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.
Location
Pennsylvania, United States
Transaction Type
Buyout

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