Rotor Acquisition Corp. (ROT)

NEW YORK, NY / ACCESSWIRE / August 20, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Palladyne AI Corp. ("PDYN" or the "Company") (NASDAQ:PDYN) stock purchased prior to September 10, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of Rotor Acquisition Corp. (ROT) by Sarcos Corp. (STRC).

NEW YORK, NY / ACCESSWIRE / August 14, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Palladyne AI Corp. ("PDYN" or the "Company") (NASDAQ:PDYN) stock purchased prior to September 10, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of Rotor Acquisition Corp. (ROT) by Sarcos Corp. (STRC).

SALT LAKE CITY--(BUSINESS WIRE)--Rotor Acquisition Corp. (NYSE: ROT.U, ROT, and ROT WS) (“Rotor”), a publicly-traded special purpose acquisition company, announced today that its shareholders voted to approve the business combination with Sarcos Robotics (“Sarcos”), a leader in the development of robotic systems that augment humans to enhance productivity and safety. Upon completion of the transaction, subject to the satisfaction of certain customary closing conditions, Rotor will change its name to Sarcos Technology and Robotics Corporation. The post-closing company’s common stock and warrants are expected to commence trading on the Nasdaq on September 27, 2021, under the ticker symbols “STRC” and “STRCW,” respectively. The current Sarcos management team, including chairman and CEO Ben Wolff, will continue to lead the company. The company’s new board of directors will be comprised of current and former leaders from Apple, The Boeing Company, Credit Suisse, Delta Air Lines, Microsoft, Nextel, and the U.S. Department of Defense. “The growing shortage of skilled workers that are able to conduct physically demanding tasks is a critical problem for companies, industries, and the global economy,” said Ben Wolff, chairman, and CEO, Sarcos. “Sarcos has a unique opportunity to usher in a new age of human and machine collaboration by deploying a fleet of its highly dexterous mobile robotic systems that augment humans rather than replace them. We think we can put a meaningful dent in the skilled labor shortage challenges by enabling skilled workers and the companies they work for to be more productive and safer across a wide range of industries for those jobs where automation is not feasible. Consummation of the business combination with Rotor will help ensure that Sarcos has the resources we need to realize our vision for a safer and more productive industrial workforce of the future.” “We are delighted that our shareholders have approved our business combination with Sarcos,” said Stefan Selig, Chairman of Rotor. “We look forward to watching Ben and the rest of the management team execute on their plans to bring highly dexterous mobile robotic systems to unstructured work environments while providing a viable solution to the global labor shortage and enabling the workforce of the future.” For more information on Sarcos and its award-winning product portfolio, please visit www.sarcos.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. 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. 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. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, Sarcos’ product roadmap, including the expected timing of commercialization or new product releases, Sarcos’ plans to expand its product availability, Sarcos’ use of capital following the transaction, including Sarcos’ ability to accomplish the initiatives outlined above, and the expected timing of the closing of the transaction. 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, although not all forward-looking statements contain these identifying terms. Such forward-looking statements involve risks, uncertainties, and other factors 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 and Rotor’s 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. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made, and Sarcos and Rotor are 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 Acquisition Corp. (“Rotor”) has filed or will file from time to time with the U.S. Securities and Exchange Commission (“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 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, 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 definitive proxy statement filed with the SEC on August 6, 2021 and other documents of Rotor filed, or to be filed, with the 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.

NEW YORK--(BUSINESS WIRE)--Rotor Acquisition Corp. (the “Company” or “ROT”) (NYSE: ROT.U, ROT, and ROT WS), a special purpose acquisition company, today reminds stockholders to vote “FOR” the business combination with Sarcos Corp. (“Sarcos”) and the related proposals at the special meeting of stockholders scheduled for September 15, 2021 (the “Special Meeting”). Upon closing of the business combination, the Company will change its name to “Sarcos Technology and Robotics Corporation,” and intends to transfer the listing of its Class A common stock, par value $0.0001 per share (the “Common Stock”) and publicly-traded warrants to acquire Common Stock (“Warrants”), from the New York Stock Exchange (the “NYSE”) to The Nasdaq Stock Market LLC (“Nasdaq”) following the anticipated closing of the business combination. Trading of the Common Stock and Warrants is currently expected to begin on Nasdaq on or about September 27, 2021, under the new ticker symbols “STRC” and “STRCW,” respectively. Until the business combination is complete, the Company’s Common Stock, Warrants, and units will continue to trade under the ticker symbols “ROT,” “ROT WS,” and “ROT.U,” respectively on the NYSE. The Company’s units will automatically be separated into their underlying shares of Common Stock and Warrants in connection with the consummation of the Business Combination and will not be listed following the consummation thereof. The decision to transfer listings to Nasdaq was made in consideration of the business combination and enables the post-business combination company to be listed alongside other innovative companies on Nasdaq. Following the closing of the business combination, the Company will delist its Common Stock, Warrants, and units from the NYSE. The Nasdaq listing and NYSE delisting are subject to the closing of the business combination, including approval by its stockholders at the Special Meeting and fulfillment of all Nasdaq listing requirements. As previously announced, the Company will hold the Special Meeting via live audio webcast at https://www.cstproxy.com/rotoracquisition/2021 on September 15, 2021, at 10:00 a.m. Eastern Standard Time for its stockholders of record at the close of business on August 2, 2021, to vote on the proposed business combination, among other things. A supplement to the definitive proxy statement with respect to the business combination, together with a proxy card for voting, has been mailed to the Company’s stockholders. Stockholders are encouraged to attend the Special Meeting and to vote as soon as possible by signing, dating, and returning the proxy card enclosed with the proxy statement supplement filed with the U.S. Securities and Exchange Commission (“SEC”) on August 30, 2021, and mailed to stockholders of record on or about August 30, 2021. If you have any questions, please contact Morrow Sodali, the Company’s proxy solicitor, at (800) 662-5200. For banks and brokers, please call (203) 658-9400. No action is required by existing Company stockholders with respect to the ticker symbol or exchange listing change. 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. 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. 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 and the Sarcos investor relations website. 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 and the expected capabilities of products currently in development. 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, including risks related to Sarcos’ ability to execute on its business strategy, attract and retain users, develop new offerings. 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, 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 definitive proxy statement filed with the SEC on August 6, 2021 and other documents of Rotor filed, or to be filed, with SEC. 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.

SALT LAKE CITY--(BUSINESS WIRE)--Sarcos Defense, a wholly-owned subsidiary of Sarcos Robotics (“Sarcos”), a leader in the development of robots that augment humans to enhance productivity and safety, today announced that several U.S. government agencies have purchased the Guardian® HLS Heavy-Lift System. The Guardian HLS system, designed in collaboration with the Air Force Research Laboratory (AFRL), is a first-of-its-kind, easily packable, pneumatic heavy-lift system designed to quickly and efficiently lift objects weighing up to 45,000 pounds for asset recovery and emergency response missions in the field. The Guardian HLS system is comprised of a single battery-powered pneumatic compressor combined with two proprietary, reusable airbags made from Dyneema® fiber. This design enables the safe and stable lift of heavy and bulky military assets, such as tactical land vehicles, machinery, and fuel tanks, where the speed, timing, and accuracy of operations are crucial. This rapid-deploy system can lift a Class 2 commercial vehicle in less than one minute and can be operated by a single person. The system is faster, lighter, and more stable than other alternatives on the market and eliminates the need to carry high-pressure air canisters. It also supports a lift capacity that is significantly greater than other solutions. “These new contracts with the U.S. government for the Guardian HLS Heavy-Lift System are a great validation of the technology and proof point of Sarcos’ continued success and relationships in this sector,” said Tom Jackson, President, Sarcos Defense. “We are proud to support our government customers with a variety of solutions that address their specific needs.” The Guardian HLS system is available for purchase by governmental, defense, and public safety organizations. For more information on Sarcos Defense and the Guardian HLS lift, please visit https://www.sarcos.com/defense or https://www.sarcos.com/hls. About Sarcos Defense Sarcos Defense, based in Salt Lake City, Utah, is a wholly-owned subsidiary of Sarcos Robotics, a leader in robotic systems that augment humans to enhance productivity and safety. Sarcos Defense is led by an elite team of proven retired U.S. military officers who understand the current and future threat environment and are uniquely equipped to deliver solutions that meet the needs of the modern military. Working closely with the U.S. Department of Defense and other federal and international government agencies, Sarcos Defense identifies capability gaps and undertakes research and development efforts, as well as rapid systems integration, to transform Sarcos’ commercial products into specialized, mission-ready solutions that meet the specified requirements. For more information, please visit www.sarcos.com/defense. 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.

SALT LAKE CITY--(BUSINESS WIRE)--Sarcos Robotics (“Sarcos”), a leader in the development of robotic systems that augment humans to enhance productivity and safety, today announced it has successfully completed its first product demonstrations of real-world use cases in the field using the company’s Guardian® XT™ highly dexterous mobile robotic system—a significant milestone on the path to product commercialization, which is expected by the end of 2022. These field demonstrations were conducted both in the Pacific Northwest and in Southern regions of the United States. The Guardian XT industrial robotic avatar system—the upper-body variant of the award-winning Sarcos Guardian® XO® full-body, battery-powered industrial exoskeleton—was recently used to conduct live field demonstrations for a leading electric utility construction services company. During this scenario, Sarcos and the customer used the robotic system to successfully conduct at-height tree trimming operations around active powerlines to showcase its ability to reduce occurrences of powerline-related fatalities and injuries. Separately, the company completed a field demonstration with a multi-national, sustainable materials science company. In this instance, the Guardian XT robotic system was used to conduct nondestructive testing (NDT) and inspections of at-height, in-process pipes at a chemical plant with the goal of improving inspection efficiency while reducing potentially life-altering injuries and events associated with at-height work. A third field demonstration was successfully completed with a multi-national oil and gas industry company with a focus on field construction activities. The Guardian XT industrial robotic avatar system is designed to perform intricate and dangerous tasks requiring human-like dexterity, while eliminating the need for humans to conduct at-height work and removing them from harm’s way. It is platform-agnostic and can be mounted to a variety of mobile bases to access hard-to-reach or elevated areas and has applications in a number of industries, including aerospace, automotive, aviation, construction, defense, industrial manufacturing, maritime, and oil and gas. “These first successful product demonstrations to potential customers utilizing the Guardian XT industrial robotic avatar system in the field are a major achievement for Sarcos as we prepare for commercialization by the end of next year,” said Ben Wolff, Chairman and Chief Executive Officer of Sarcos. “We look forward to continuing the dialogue with these initial partners and obtaining their feedback in order to deliver best-in-class robotics solutions that increase productivity while eliminating the need for their employees to operate in dangerous environments.” In parallel with these first product demonstrations, Sarcos is also advancing its recently announced SenSuit™ wearable robot controller, which will be used for enhanced teleoperation of the Guardian XT robotic system. The robot will integrate the SenSuit wearable controller and a high definition, virtual reality (VR) or augmented reality (AR)-based head-mounted display (HMD) in order to deliver intuitive control of the system and enable the use of standard trade tools. 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 its award-winning product portfolio, please visit www.sarcos.com. 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 and the Sarcos investor relations website. 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. 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, Sarcos’ product roadmap, including the expected timing of commercialization or new product releases, Sarcos’ plans to expand its product availability, Sarcos’ use of capital following the transaction, including Sarcos’ ability to accomplish the initiatives outlined above, and the expected timing of the closing of the transaction. 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, address supply chain disruptions, launch its products within expected timelines, develop new products and services and enhance existing products and services; ability to respond rapidly to emerging technology trends; ability to compete effectively, recruit and retain qualified personnel 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 definitive proxy statement filed with the SEC on August 6, 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.

SALT LAKE CITY--(BUSINESS WIRE)-- #robotics--Sarcos Robotics Conducts First Field Demonstrations of Guardian® XT™ Industrial Robotic Avatar System

SALT LAKE CITY & WINDSOR, N.J.--(BUSINESS WIRE)--Sarcos Robotics (“Sarcos”), a leader in the development of robotic systems that augment humans to enhance productivity and safety, and Pine Environmental Services LLC, a professional services company providing equipment for environmental monitoring, nondestructive testing (NDT), visual inspection, and continuous emissions monitoring (CEMS), today announced an agreement in which Pine Environmental will become an official distributor of the award-winning Guardian® S remote visual inspection and surveillance robot. Pine Environmental will provide the Guardian S robot for rental in their locations throughout the U.S. and Canada. Pine is known for having the largest stock of test and measurement equipment in their warehouses across North America. The company also provides technical and application support for their equipment. Robotic technology is often overlooked as a critical digital transformation tool for the asset management process. A November 2019 Technology Spotlight by IDC found that transforming asset performance management, including inspections of facilities and equipment, can yield significant improvements in key areas such as 20% improvements in asset uptime, 15%-20% reductions in maintenance labor costs, and 8%-10% improvements in mechanical efficiencies. A premier surveillance and inspection tool, the Guardian S robot is uniquely capable, cost-effective, and portable, weighing approximately 17 lbs. The robot can reliably traverse vertical ferromagnetic surfaces, stairs, culverts, and other unstructured terrain and confined spaces, as well as narrow pipes and tanks. It facilitates two-way, real-time video, voice, and data communication, all from a safe distance. The Guardian S robot serves a wide variety of industries, including NDT, disaster recovery, infrastructure inspection and maintenance, aerospace, maritime, oil and gas, petrochemical, mining, defense, public safety, and security. “Pine Environmental is well-known for its expansive reach within North America and its sizeable equipment inventory,” said Scott Hopper, Executive Vice President of Corporate and Business Development, Sarcos Robotics. “We are very excited to start this partnership, through which we hope to increase the productivity of a wide variety of customers requiring remote inspection and surveillance capabilities, while simultaneously removing workers from potentially hazardous situations.” “Sarcos has a long history of providing advanced robotics technologies to many different industries,” said Mike McGettigan, Chief Commercial Officer, Pine Environmental. “Pine’s customers will significantly benefit from this premium, differentiated remotely-operated robotics tool, and we’re glad to be able to offer it as part of our portfolio.” 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 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. 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. About Pine Environmental Services: Pine Environmental Services LLC (Pine) is the nation’s premier company providing rentals, sales, and service of equipment in the U.S. and Canada for Environmental Monitoring, Non-Destructive Testing, Visual Inspection, as well as Continuous Emissions Monitoring (CEMS). With 39 convenient branches and the largest inventory throughout North America, Pine’s customer-focused commitment is to provide the best service on its wide range of measurement equipment, field supplies, and technical expertise.

SALT LAKE CITY & WINDSOR, N.J.--(BUSINESS WIRE)-- #robotics--Sarcos Robotics Names Pine Environmental an Official Distribution Partner for Guardian® S Remote Visual Inspection Robot

SALT LAKE CITY & FALLS CHURCH, Va.--(BUSINESS WIRE)--Sarcos Defense, a wholly-owned subsidiary of Sarcos Robotics (“Sarcos”), a leader in the development of robots that augment humans to enhance productivity and safety, and global defense, aerospace, and security leader, BAE Systems plc, today announced that the companies are partnering to develop advanced perception and sensing capabilities for autonomous platforms for Air Force Research Laboratory (AFRL), to benefit Department of Defense (DoD) operations. Sarcos and BAE Systems FAST Labs™ were awarded a $1.699M contract by AFRL (Rome, NY) to work on a Collaborative Sensing platform (BAA FA8750-20-S-7014). The work is expected to continue through 2023, culminating with the demonstration of the new solution. This platform will aim to address the complex issues that involve the coordination of both individual and multiple cooperating heterogeneous autonomous platforms, including unmanned aircraft systems (UASs) and unmanned ground vehicles (UGVs) equipped with standard multi-modal sensors, such as cameras, radar, and LiDAR. The expected result will coalesce multiple environmental inputs and combine with artificial intelligence (AI) and machine learning (ML) technologies to enable unmanned systems to work together in greater harmony, both alone and coordinating with each other in “swarm” scenarios. The platform will enable better situational awareness and safety, including accurate detection, tracking, and classification of time-critical objects, particularly in unstructured environments. Sarcos expects to apply this research in its commercial robotics products, particularly in its forthcoming Cybernetic Training for Autonomous Robots (CYTAR™) AI platform, which Sarcos is also working with AFRL to develop. Learnings will be leveraged to further improve situational awareness and safety for Sarcos’ robotic technologies, including its Guardian® XT™ highly dexterous teleoperated robot and Guardian® XO® full-body, battery-powered industrial exoskeleton. “This collaboration represents an exciting opportunity to bring together a team of world-renowned experts from both academia and DoD contractor organizations to develop a solution that will enable the military and other entities to operate autonomous platforms with greater speed and efficacy,” said Dr. Denis Garagić, chief scientist, advanced systems and AI, Sarcos. “This project has wide-reaching implications, enabling safer and much more accurate deployments of autonomous platforms while improving data quality and overall operational efficiency. At Sarcos, we believe this technology will also assist us with the operation of our own technologies, including our CYTAR AI platform for autonomous robots.” “We look forward to seeing the results of this research project and the potential impact it may have on our U.S. defense operations,” said Dr. Peter Zulch, Air Force Research Labs. “Better perception and improving sensing lags are critical challenges, particularly as autonomous systems become more widely used. Sarcos and BAE Systems are best positioned to develop a solution that will enable these platforms to better communicate and share information to enhance safety and help us make critical operational decisions faster.” For more information about Sarcos Defense, please visit www.sarcos.com/defense. For more information about BAE Systems, please visit www.baesystems.com. Cleared for public release by the Air Force Research Laboratory, Case Number AFRL-2021-2504. About Sarcos Defense Sarcos Defense, based in Salt Lake City, Utah, is a wholly-owned subsidiary of Sarcos Robotics, a leader in robotic systems that augment humans to enhance productivity and safety. Sarcos Defense is led by an elite team of proven retired U.S. military officers who understand the current and future threat environment and are uniquely equipped to deliver solutions that meet the needs of the modern military. Working closely with the U.S. Department of Defense and other federal and international government agencies, Sarcos Defense identifies capability gaps and undertakes research and development efforts, as well as rapid systems integration, to transform Sarcos’ commercial products into specialized, mission-ready solutions that meet the specified requirements. For more information, please visit www.sarcos.com/defense. 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.

SALT LAKE CITY--(BUSINESS WIRE)--Sarcos Robotics (“Sarcos”), a leader in the development of next-generation robotic systems that augment humans to enhance productivity and safety, and Rotor Acquisition Corp. (NYSE: ROT.U, ROT, and ROT WS), a special purpose acquisition company, announced that Rotor’s definitive proxy statement (the “Proxy Statement”) relating to the previously announced proposed business combination (the “Business Combination”) with Sarcos has been filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 6, 2021. The filing of the definitive proxy statement is an important step in Sarcos becoming a publicly-traded company, with the goal of being listed on the Nasdaq at the close of the transaction. As previously announced, the business combination is expected to deliver up to $496 million of gross proceeds to Sarcos, including up to $220 million from a fully committed PIPE anchored by strategic and institutional investors. On August 9, 2021, Rotor will commence mailing of the Proxy Statement, which contains a notice and voting instruction form or a proxy card relating to the special meeting of the Rotor stockholders in lieu of the 2021 annual meeting (the “Special Meeting”) to ROT stockholders of record as of the close of business on the record date of August 2, 2021. The Special Meeting to approve the Business Combination is scheduled to be held on September 15, 2021, at 10:00 a.m. ET. The Special Meeting will be conducted entirely virtually and can be accessed via a live audio webcast at https://www.cstproxy.com/rotoracquisition/2021. Virtual attendees will be able to submit questions before and during the meeting through the virtual meeting portal by typing in the “Submit a question” box. If the proposals at the Special Meeting are approved, the parties anticipate that the business combination will close shortly thereafter, subject to the satisfaction or waiver, as applicable, of all other closing conditions. Upon closing, the combined company’s shares of Class A common stock (“Class A Stock”) and redeemable warrants (“Warrants”) are expected to be listed on The Nasdaq Stock Market LLC under the ticker symbols “STRC” and “STRCW” respectively. Any Rotor units will automatically separate into the component shares of Class A Stock and Warrants upon the consummation of the Business Combination. The transaction, which has been unanimously approved by the boards of directors of both Rotor and Sarcos, is expected to close in the third quarter of 2021, subject to regulatory and stockholder approvals and other customary closing conditions. Every stockholder’s vote matters, regardless of the number of shares held. Accordingly, Rotor encourages stockholders to vote by submitting their proxies as soon as possible and by no later than 11:59 p.m. ET on September 14, 2021, to ensure that the stockholder’s shares will be represented at the Special Meeting. Proxies may be submitted by Internet or mail. Votes submitted by mail must be received by 5:00 p.m. ET on September 14, 2021. Additional instructions may be found in the Proxy Statement and on the proxy card. Rotor’s board of directors unanimously recommends that stockholders vote “FOR” the Business Combination with Sarcos and all other proposals at the Special Meeting. Stockholders who hold shares in “street name” (i.e., those stockholders whose shares are held of record by a broker, bank, or other nominee) should contact their broker, bank, or nominee to ensure that their shares are voted. If any individual Rotor stockholder has not received a copy of the Proxy Statement, such stockholder should (i) confirm his, her or its status with his, her or its broker or (ii) contact Morrow Sodali LLC, Rotor’s proxy solicitor, for assistance toll-free at (800) 662-5200 (for individuals) or (203) 658-9400 (for banks and brokers), or by email at ROT.info@investor.morrowsodali.com. Rotor will host a live and virtual analyst day presentation on Wednesday, August 18, 2021, from 11:00 a.m. ET to 12:00 p.m. ET. Ben Wolff, Chairman and Chief Executive Officer of Sarcos, will be joined by other senior management team members to provide an update on the company’s advanced, highly dexterous mobile industrial robotic systems, growth strategies, and strategic initiatives. A link to the webcast of the presentation will be available on the Sarcos investor relations website. 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 and the Sarcos investor relations website. 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. 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 and the expected capabilities of products currently in development. 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, including risks related to Sarcos’ ability to execute on its business strategy, attract and retain users, develop new offerings. 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, 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 definitive proxy statement filed with the SEC on August 6, 2021 and other documents of Rotor filed, or to be filed, with SEC. 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.

SALT LAKE CITY & BELLEVUE, Wash.--(BUSINESS WIRE)--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. 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.

SALT LAKE CITY--(BUSINESS WIRE)-- #exoskeleton--Sarcos Robotics to Host Analyst and Investor Days at its New Facility in Salt Lake City, Utah on Wednesday, August 18, and Thursday, August 19, 2021

SALT LAKE CITY--(BUSINESS WIRE)--Sarcos Robotics (“Sarcos”), a leader in the development of next-generation robotic systems that augment humans to enhance productivity and safety, and Rotor Acquisition Corp. (NYSE: ROT.U, ROT, and ROT WS), a special purpose acquisition company, will host a live and virtual analyst day on Wednesday, August 18, 2021, from 11:00 a.m. ET to 12:00 p.m. ET. In conjunction with the analyst day, Sarcos will also host one-on-one meetings with investors on Thursday, August 19, at its company headquarters in Salt Lake City, Utah. On April 6, 2021, Rotor Acquisition Corp. announced an agreement to merge with Sarcos. The transaction is expected to close in the third quarter of 2021, at which time Sarcos is expected to be listed on Nasdaq under the ticker symbol “STRC.” Ben Wolff, Chairman and Chief Executive Officer of Sarcos, will be joined by other senior management team members to provide an overview of Sarcos’ advanced highly dexterous mobile industrial robotic systems, growth strategies, and strategic initiatives. The event will be broadcast live via webcast and include a formal presentation followed by Q&A. After the Q&A session, analysts and investors who attend in person will have the opportunity to participate in live demonstrations of Sarcos’ advanced line of robotic products, including: Guardian® XO® – Full-body powered wearable industrial robotic exoskeleton Guardian® XT™ – Remote-controlled highly dexterous industrial avatar robot Guardian® S – Remote controlled inspection robot and Sarcos’ first commercial product Interested investors who would like to arrange a one-on-one meeting with management on August 19, please email your request to STRC@mzgroup.us or call Chris Tyson at (949) 491-8235. Agenda: Date: Wednesday, August 18, 2021 Presentation Time: 11:00 a.m. Eastern time (8:00 a.m. Pacific time) Dial-in: 1-877-407-9208 International Dial-in: 1-201-493-6784 Conference Code: 13721186 Webcast: http://public.viavid.com/index.php?id=145549 Location: Virtual & Sarcos Headquarters in Salt Lake City, Utah A telephone replay will be available approximately two hours after the call and will run through October 18, 2021, by dialing 1-844-512-2921 from the U.S. or 1-412-317-6671 from international locations, and entering replay pin number: 13721186. The replay can also be viewed through the webinar webcast link above, and the presentation utilized during the call will be available on Sarcos’ investor relations website. Sarcos’ next commercial release is expected to be its award-winning Guardian XO exoskeleton robot, followed by its Guardian XT industrial teleoperated robot. Both commercial releases are expected by the end of 2022. The Guardian XO and Guardian XT robots are expected to join Sarcos’ versatile multi-purpose inspection robot, the Guardian S robot, in its commercial lineup, with the aim of delivering a full suite of robots capable of performing physically demanding work that requires human-like skill, dexterity, and range of motion. For more information about Sarcos products, please visit www.sarcos.com. 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 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. 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 and the expected capabilities of products currently in development. 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, including risks related to Sarcos’ ability to execute on its business strategy, attract and retain users, develop new offerings. 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, 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 July 12, 2021 and other documents of Rotor filed, or to be filed, with SEC. 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.

SALT LAKE CITY--(BUSINESS WIRE)--Sarcos Robotics (“Sarcos”), a leader in the development of robots that augment humans to enhance productivity and safety, will participate in the following investor conferences in August 2021: Jefferies 2021 Industrials Conference: Date: Wednesday, August 4, 2021 Format: Virtual presentation and 1x1’s Speaker: Ben Wolff, Chairman and Chief Executive Officer Presentation Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time) Webcast: https://wsw.com/webcast/jeff190/sarc/1841981 Conference website 10th Annual Needham Virtual Industrial Technologies 1x1 Conference: Date: Friday, August 6, and Monday, August 9, 2021 Format: Virtual 1x1’s only Speaker: Ben Wolff, Chairman and Chief Executive Officer Conference website For more information on the Jefferies 2021 Industrials Conference or 10th Annual Needham Virtual Industrial 1x1 Technologies Conference, please contact your conference representative, email your request to STRC@mzgroup.us, or call Chris Tyson at (949) 491-8235. 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. 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 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 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. 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, Sarcos’ product roadmap Sarcos’ plans to expand its product availability, Sarcos’ use of capital following the transaction, including Sarcos’ ability to accomplish the initiatives outlined above, and the expected timing of the closing of the transaction. 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 Acquisition Corp. (“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, 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 July 12, 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.

SALT LAKE CITY--(BUSINESS WIRE)--Sarcos Robotics (“Sarcos”), a leader in the development of robotic systems that augment humans to enhance productivity and safety, today announced it has successfully demonstrated its SenSuit™ controller garment. As part of the next-generation technologies designed for enhanced teleoperation of the Guardian® XT™ highly dexterous mobile robotic system, this milestone leveraged Sarcos’ proprietary motion caption controller to enable enhanced teleoperation of the robot’s dexterous arms. Capable of lifting and manipulating up to 200 lb. (90 kg), the Guardian XT robot is ideal for accomplishing precision tasks and performing work in unstructured environments. Sarcos recently put the advanced teleoperation control system, including the SenSuit motion capture controller, and Guardian XT robotic system, to work in a live tree-trimming demo at its headquarters in Salt Lake City (watch video of the demonstration). According to the 2019 Liberty Mutual Workplace Safety Index, workers falling from height in the U.S. is the fourth-most disabling and costly injury after overexertion, falling from the same level, and being struck by an object or equipment. The Guardian XT robotic system—the upper-body variant of the award-winning Sarcos Guardian® XO® full-body, battery-powered industrial exoskeleton—is designed to perform intricate and dangerous tasks requiring human-like dexterity keeping the operator at a safe distance in challenging and hazardous conditions, including at height. 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 a number of industries, including power utilities, oil & gas, chemical processing, food processing, construction, infrastructure maintenance and repair, heavy manufacturing, maritime, distribution and warehousing, and park, forest, and commercial property management. Expected to be commercially available by the end of 2022, the Guardian XT robot will integrate Sarcos’ SenSuit wearable controller and a high definition, virtual reality (VR) or augmented reality (AR)-based head-mounted display (HMD), delivering intuitive control of the robot and enabling the use of standard trade tools. The SenSuit controller enables the Guardian XT robot to mimic the operator’s movements in real-time. It is an inertial measurement unit (IMU)-based motion tracker that communicates with the robot and leverages Sarcos’ proprietary force feedback technologies. The company also plans to integrate a VR- or AR-based HMD to provide remote visual and situational awareness to the operator. The Guardian XT robot is equipped with 3-degrees of freedom end effectors that enable dexterous control of trade tools and materials, including hand-held power tools, welding and cutting equipment, inspection and test equipment, parts and components, hazardous materials, and retail inventory goods, amongst others. “We are proud of the significant strides we have made in enhancing teleoperation capabilities for the Guardian XT robot as we march towards commercialization next year,” said Ben Wolff, chairman and CEO, Sarcos Robotics. “Our new control system is expected to enable our customers to seamlessly and efficiently perform difficult tasks and to operate in dangerous environments—including at height—while keeping the operator safe and out of harm’s way. We believe the integration of these advanced technologies, including our proprietary SenSuit controller, will set the gold standard for the teleoperation of robotic systems in the coming years.” 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. 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 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 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. 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, Sarcos’ product roadmap, including the expected timing of commercialization or new product releases, Sarcos’ plans to expand its product availability, Sarcos’ use of capital following the transaction, including Sarcos’ ability to accomplish the initiatives outlined above, and the expected timing of the closing of the transaction. 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 disclaims 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 Acquisition Corp. (“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, 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 May 14, 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.