Contract awarded as an increase to September 2005 initial order
BURLINGTON, Mass., Nov. 22, 2005 – iRobot Corp. (NASDAQ: IRBT) has been awarded additional funds of more than $2.2 million by Naval Sea Systems Command (NAVSEA) for spare and depot level repair parts for its initial order of iRobot PackBot® Man Transportable Robotic System, or MTRS robots, in September 2005. The initial order for 103 PackBot MTRS robots was valued at over $12.1 million. The additional funds raise the total value of the order placed, to date, to $14.3 million. iRobot could deliver up to 1,200 robots through 2012 under the indefinite-delivery/indefinite-quantity contract.
The PackBot MTRS is custom-built to NAVSEA’s specifications using the combat-proven PackBot Explosive Ordnance Device (EOD) robot as a platform. Already deployed in Iraq and Afghanistan, PackBot EOD is a rugged, lightweight robot designed to conduct explosive ordnance disposal and handle hazardous materials, search-and-surveillance and other vital tasks for military units and bomb squads. The PackBot MTRS is specially equipped with a variety of tools and sensors to allow EOD technicians to perform reconnaissance and disrupt unexploded ordnance and improvised explosive devices from a safe distance.
“Every day, our EOD robots are working in Iraq to save the lives of American service men and women,” said Vice Admiral Joe Dyer (U.S. Navy, Ret.), executive vice president and general manager, iRobot. “NAVSEA's investment in logistics and lifecycle support will further improve iRobot PackBot robots’ operational availability."
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.
Contact: | |
Parna Sarkar iRobot Corp. psarkar@irobot.com (781) 418-3135 |
Laura Taylor A&R Partners for iRobot Corp. laura.taylor@arpartners.com (202) 271-8216 |
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