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Ben Wolff is Co-Founder, Chairman and CEO of Sarcos Technologies and Robotics Corporation and is a true entrepreneur, having founded several businesses over his career, including multi-billion-dollar Clearwire Corporation. His current company, Sarcos, is a leader in the development of robotic systems that augment humans to enhance productivity and safety. Since becoming CEO of Sarcos in early 2015, Wolff has been instrumental in crystallizing the Company’s vision of revolutionizing the industrial labor force by deploying robots that combine human intelligence, instinct, and judgment with robotic strength, endurance, and precision to augment worker performance and safety.
Wolff has been integral to the success of the company over these past several years, from working with the management team to complete and fund a management buyout from Raytheon that made Sarcos a private, independent and completely reinvented, company in early 2015, to securing partnerships with Fortune 500 companies and the U.S. military, advancing the development of the world’s first full-body, battery-powered exoskeleton (the Guardian® XO® robot), and most recently, to taking Sarcos public in September 2021 through a merger transaction with special purpose acquisition company (SPAC) Rotor Acquisition Corp.
Since January 2020, Wolff has spearheaded many significant programs and achievements for the Company. Among the most notable, Sarcos became publicly-listed on Nasdaq on September 27, 2021, following the completion of a merger transaction with Rotor Acquisition Corp. This transaction was critical for the company and will provide Sarcos with additional revenue (over $260 million in gross proceeds) to fund its business plans, including commercialization of its two flagship products (the Guardian® XO® and Guardian® XT™ robots), to facilitate potential bolt-on acquisitions, and to further develop the Company’s in-progress AI platform to enhance Sarcos’ core products. Leveraging his previous experience and investor connections, Wolff led the entire process of taking Sarcos public. Additionally, he brought in a stellar group of current and former leaders from Apple, The Boeing Company, Credit Suisse, Delta Air Lines, Microsoft, Nextel, and the U.S. Department of Defense to be on Sarcos’ new board of directors.
Wolff has also continued to nurture key relationships with Sarcos’ other Fortune 500 partners, such as Caterpillar, GE, Bechtel, and Schlumberger, to further refine the company’s product development efforts as it aims to commercialize the Guardian XO and Guardian XT robotic systems in late 2022. Sarcos’ ongoing partnership with Delta Air Lines over the past several years led to the first public reveal of Sarcos’ Guardian XO robotic exoskeleton at the 2020 Consumer Electronics Show (CES) as part of the opening keynote address by Delta’s CEO, Ed Bastian. Sarcos’ presence at CES 2020 led to many additional business opportunities as well as significant press coverage from top-tier publications such as The New York Times, CNET, WIRED, and CNBC, and award wins such as Digital Trends Top Emerging Technology Award of CES 2020.
Over the past year, Wolff also led many other commercial and partnership opportunities, such as leading a collaboration with T-Mobile to integrate 5G into Sarcos’ Guardian XT robotic system, as well as field testing the Guardian XT with companies in the vegetation, infrastructure nondestructive testing, and oil and gas industries.
Wolff has positioned Sarcos for significant growth over the next several years and has identified new opportunities for partnerships both in the industrial and military spaces. He has also envisioned new products and modifications to Sarcos’ existing products to bring to market which will expand business opportunities for the company.
Wolff’s impact has also extended well beyond Sarcos’ walls and into the community as he has been a board member for the publicly-listed satellite communications company, Globalstar, over the past several years, along with the Board of Visitors of Northwestern School of Law at Lewis & Clark College in Portland, Oregon. He is an integral board member of both organizations.
