Companies collaborate to integrate 5G into
industrial robot capable of performing highly dexterous tasks in
hazardous conditions
Sarcos Robotics (“Sarcos”), a leader in the development of
robots that augment humans to enhance productivity and safety, and
T-Mobile (NASDAQ: TMUS), America’s 5G leader, today announced a
collaboration to integrate T-Mobile 5G into the Sarcos Guardian®
XT™ highly dexterous mobile industrial robot. The Guardian XT robot
is a remote-controlled robotic system designed to help humans
safely work in hazardous conditions, performing tasks such as
lifting heavy materials or using power tools at significant
heights. With T-Mobile 5G integration, the companies aim to improve
performance and response time for remote operations, so the robots
can perform tasks more quickly and more in tune with their
operator’s movements.
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Sarcos Robotics and T-Mobile Team Up to
Integrate 5G into Guardian(R) XT™ Robot (Graphic: Business
Wire)
The Guardian XT robotic system is an upper-body variant of the
award-winning Sarcos Guardian® XO® full-body, battery-powered
industrial exoskeleton. It is platform-agnostic and can be mounted
to a variety of mobile bases to access hard-to-reach or elevated
areas and applies to many industries, including aerospace,
automotive, aviation, construction, defense, industrial
manufacturing, maritime, and oil and gas. Both the Guardian XO and
the Guardian XT robots are expected to be commercially available by
the end of 2022.
T-Mobile 5G to Power Remote Viewing and Teleoperation
The T-Mobile and Sarcos collaboration begins with the
integration of 5G to develop a remote viewing system powered by
T-Mobile’s high bandwidth, low latency 5G network. This enables
workers, supervisors, outside experts, and others, whether they are
based locally or remote, to watch tasks being performed by the
robot as it is controlled by an operator in the field. The second
phase of development is expected to include full T-Mobile 5G
wireless network integration, allowing teleoperation of the
Guardian XT robot over 5G, giving operators greater flexibility and
increasing their safety by enabling them to perform tasks from a
distance.
“We are proud to collaborate with T-Mobile and we’ve made great
progress leveraging their 5G network to enable the remote viewing
management system,” said Scott Hopper, Executive Vice President of
Corporate and Business Development, Sarcos Robotics. “This is a
significant first step and we’re eager to continue the development
toward full 5G wireless connectivity that will unlock a variety of
new capabilities, including remote teleoperation, as we prepare for
commercial availability.”
“The Sarcos Guardian XT robot requires a highly reliable, low
latency 5G network that its human operators can count on,” said
John Saw, EVP of Advanced & Emerging Technologies at T-Mobile.
“5G was designed from the ground up for industrial applications
such as this and we cannot wait to further collaborate with Sarcos
as they develop the next big thing in industrial robotics.”
On April 6, 2021, Sarcos announced that it will become publicly
listed through a merger transaction with Rotor Acquisition Corp.
(NYSE: ROT.U, ROT, and ROT WS) (“Rotor”), a publicly-traded special
purpose acquisition company. The transaction is expected to close
in the third quarter of 2021, at which point the combined company’s
common stock is expected to trade on Nasdaq under the ticker symbol
STRC.
For more information on Sarcos, the Guardian XT robot, and the
company’s advanced teleoperation control system, please visit
www.sarcos.com. For more information about T-Mobile follow
T-Mobile’s Official Twitter Newsroom @TMobileNews to stay up to
date with the latest company news.
About Sarcos Robotics
Sarcos Robotics is a leader in industrial robotic systems that
augment human performance by combining human intelligence,
instinct, and judgment with the strength, endurance, and precision
of machines to enhance employee safety and productivity. Leveraging
more than 30 years of research and development, Sarcos’ mobile
robotic systems, including the Guardian® S, Guardian® GT, Guardian®
XO®, and Guardian® XT™, are designed to revolutionize the future of
work wherever physically demanding work is done. Sarcos is based in
Salt Lake City, Utah, and backed by Caterpillar Venture Capital
Inc., Delta Air Lines, GE Ventures, Microsoft, and Schlumberger.
For more information, please visit www.sarcos.com
About T-Mobile
T-Mobile U.S. Inc. (NASDAQ: TMUS) is America’s supercharged
Un-carrier, delivering an advanced 4G LTE and transformative
nationwide 5G network that will offer reliable connectivity for
all. T-Mobile’s customers benefit from its unmatched combination of
value and quality, unwavering obsession with offering them the best
possible service experience and undisputable drive for disruption
that creates competition and innovation in wireless and beyond.
Based in Bellevue, Wash., T-Mobile provides services through its
subsidiaries and operates its flagship brands, T-Mobile, Metro by
T-Mobile and Sprint. For more information please visit:
https://www.t-mobile.com.
About Rotor Acquisition Corp.
With approximately 100 years of combined experience in investing
and managing capital across markets and industries, structuring
transactions, and building businesses and led by Chief Executive
Officer Brian Finn, Chairman of the Board Stefan M. Selig, and
Director John D. Howard, Rotor Acquisition Corp. (“Rotor”) is a
blank check company formed for the purpose of effecting a merger,
capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with potential
target companies with certain industry and business characteristics
within the areas of disruptive consumer and industrial
technologies. For more information, please visit
www.rotoracquisition.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including, but not limited to, Rotor’s and Sarcos’
expectations or predictions of future business performance or
conditions, Sarcos’ product roadmap, including the expected timing
of commercialization or new product releases, the expected
capabilities of Sarcos products currently in development and
Sarcos’ use of capital following the transaction, including Sarcos’
ability to accomplish the initiatives outlined above.
Forward-looking statements are inherently subject to risks,
uncertainties, and assumptions. Generally, statements that are not
historical facts, including statements concerning possible or
assumed future actions, business strategies, events, or results of
operations, are forward-looking statements. These statements may be
preceded by, followed by, or include the words “believes,”
“estimates,” “expects,” “projects,” “forecasts,” “may,” “will,”
“should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends”
or “continue” or similar expressions. Such forward-looking
statements involve risks and uncertainties that may cause actual
events, results or performance to differ materially from those
indicated by such statements. These forward-looking statements are
based on Sarcos’ management’s current expectations and beliefs, as
well as a number of assumptions concerning future events. However,
there can be no assurance that the events, results, or trends
identified in these forward-looking statements will occur or be
achieved. Forward-looking statements speak only as of the date they
are made, and Sarcos is not under any obligation and expressly
disclaim any obligation, to update, alter or otherwise revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise, except as required by law. Readers
should carefully review the statements set forth in the reports,
which Rotor has filed or will file from time to time with the SEC.
In addition to factors previously disclosed in Rotor’s reports
filed with the SEC and those identified in this press release, the
following factors, among others, could cause actual results to
differ materially from forward-looking statements or historical
performance: risks and uncertainties related to the inability of
the parties to successfully or timely consummate the potential
business combination, including the risk that any required
regulatory approvals or stockholder approvals of Rotor are not
obtained, are delayed or are subject to unanticipated conditions
that could adversely affect the combined company or the expected
benefits of the proposed business combination; failure to realize
the anticipated benefits of the potential business combination;
Sarcos’ ability to execute on its business strategy, including
expected timing of commercial launch of the Guardian XO and
Guardian XT, develop new products and services and enhance existing
products and services; ability to respond rapidly to emerging
technology trends; ability to compete effectively and manage growth
and costs; and other risks and uncertainties set forth in the
section entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in Rotor’s preliminary proxy statement
filed with the SEC on August 2, 2021 and other documents of Rotor
filed, or to be filed, with SEC.
This communication is not intended to be all-inclusive or to
contain all the information that a person may desire in considering
an investment in Rotor and is not intended to form the basis of an
investment decision in Rotor. All subsequent written and oral
forward-looking statements concerning Rotor and Sarcos, the
Proposed Business Combination, or other matters and attributable to
Rotor and Sarcos or any person acting on their behalf are expressly
qualified in their entirety by the cautionary statements above.
No Offer or Solicitation
This press release does not constitute a solicitation of a
proxy, consent, or authorization with respect to any securities or
in respect of the proposed transaction. This press release also
does not constitute an offer to sell or the solicitation of an
offer to buy any securities or a solicitation of any vote or
approval, nor will there be any sale of any securities in any state
or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of such other jurisdiction. No offering of
securities will be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as
amended, or an exemption therefrom.
Rotor, Sarcos and certain of their respective directors and
executive officers may be deemed to be participants in the
solicitation of proxies from the stockholders of Rotor, in favor of
the approval of the merger. Information regarding Rotor’s directors
and executive officers is contained in the section of Rotor’s Form
S-1 titled “Management,” which was filed with the SEC on December
18, 2020. Additional information regarding the interests of those
participants and other persons who may be deemed participants in
the transaction may be obtained by reading the proxy statement and
other relevant documents filed with the SEC when they become
available. The documents filed by Rotor with the SEC may be
obtained free of charge at the SEC’s website at www.sec.gov.
Alternatively, these documents, when available, can be obtained
free of charge from Rotor upon written request to Rotor Acquisition
Corp., The Chrysler Building, 405 Lexington Avenue, New York, New
York 10174.
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Press Contacts:
Sarcos Robotics Ben Mimmack 801-419-0438 pr@sarcos.com
ir@sarcos.com
T-Mobile US, Inc. Media Relations
MediaRelations@t-mobile.com T-Mobile US, Inc. Investor
Relations investor.relations@t-mobile.com
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