The Microsoft, Caterpillar, Schlumberger and Delta-backed industrial robotics provider is merging with publicly-listed Rotor Acquisition Corp.

Sarcos Robotics, a US-based industrial robotics technology manufacturer backed by software producer Microsoft, construction equipment maker Caterpillar, air carrier Delta and oilfield services provider Schlumberger, agreed tomorrow to list through a reverse merger. The company is joining forces with special purpose acquisition company Rotor Acquisition Corp in a transaction that will value them at a…

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