Reconfigurable, Multi-Mission Robot Represents The Next Generation of Unmanned Ground Vehicles
Bedford, Mass., October 2, 2008 – iRobot Corp. (Nasdaq: IRBT) today announced that the company has received a $3.75 million research and development contract from the U.S. Army Tank-Automotive Research, Development and Engineering Center (TARDEC), the nation's laboratory for advanced military automotive technology. Work under this contract will result in the delivery of two iRobot Warrior 700 platforms.
A powerful and rugged robot, the iRobot Warrior can perform a variety of critical missions such as evaluating danger zones and inaccessible areas, providing real-time video, audio and sensor readings to warfighters and SWAT teams. The robot will feature an advanced digital architecture and a multi-mission chassis that supports up to 150-pound (68 kg) payloads.
“We are confident that the iRobot Warrior will secure a strong foothold within infantry, first responders and combat engineers,” said Joe Dyer, president of iRobot Government and Industrial Robots. “The Warrior is another example of iRobot’s product line expansion, which continues to evolve as the need for unmanned ground vehicles grows worldwide.”
iRobot Warrior’s unique payload positioning system allows radical changes in the robot’s center of gravity for unprecedented mobility in rough terrain, while still suitable for use in an urban environment. The first production units of iRobot Warrior will be available for purchase in the third quarter of 2009.
iRobot has delivered more than 1,900 PackBot robots that make a difference everyday by conducting dangerous missions that keep first responders and warfighters out of harm's way.
About iRobot Corp.
iRobot is a provider of robots that perform dull, dirty or dangerous missions in a better way. The company's proprietary technology, iRobot AWARE™ Robot Intelligence Systems, incorporates advanced concepts in navigation, mobility, manipulation and artificial intelligence. This proprietary system enables iRobot to build behavior-based robots, including its family of consumer and military robots. For additional information about iRobot, please visit www.irobot.com.
For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to, among other things, iRobot Corp.’s expectations concerning product development and marketing plans, and market acceptance of its products. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, the risks and uncertainties include, among other things: our dependence on the U.S. federal government and government contracts; our ability to expand our product offerings; changes in government policies or spending priorities. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot Corp. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot Corp., see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K.
Contact: | |
Elise Caffrey Investor Relations iRobot Corp. (781) 430-3003 ecaffrey@irobot.com |
Nancy Smith Media Relations iRobot Corp. (781) 430-3323 nsmith@irobot.com |