iRobot Corp. (Nasdaq: IRBT) today announced that it has received an
order totaling $16.8 million from the U.S. Army Program Executive Office
for Simulation, Training, and Instrumentation (PEO STRI).
This order marks the first purchase of iRobot’s advanced PackBot 510
series under an existing $200 million Indefinite Delivery/Indefinite
Quantity (IDIQ) contract. The PackBot 510 series provides the Army with
advanced robotic capabilities that surpass those of the battle-tested
PackBot 500.
This is the sixth order under the IDIQ contract. The current total
contract value now stands at approximately $22 million. This order
includes the delivery of 125 PackBot 510 with EOD Kit robots.
The PackBot 510 with EOD Kit has advanced vision and surveillance
capabilities. It easily adapts to different Improvised Explosive Device
(IED) missions including check points, inspections, and route clearance.
The robot provides soldiers with a tool to identify and dispose of IEDs,
roadside bombs, and other unexploded ordnance while keeping them at safe
distances. Additionally, the PackBot 510 provides improved lift and
manipulation capabilities, greater speed, military-standard batteries, a
hardened laptop with game-style hand controller, and a variety of other
upgrades that enhance its mission effectiveness.
“The PackBot 510 provides a new level of capability and modularity in
support of the warfighter,” said Joe Dyer, president of iRobot
Government and Industrial Robots. “These robots are battle-tested and
are saving lives by giving our troops separation from many of the
dangers found on the battlefield. The PackBot 510 builds on the
tradition of the PackBot 500.”
iRobot has delivered more than 2,400 PackBot robots that make a
difference every day by conducting dangerous missions that keep
warfighters out of harm’s way.
About iRobot Corp.
iRobot designs and builds robots that make a difference. The company’s
home robots help people with smarter ways to clean, and its government
and industrial robots protect those in harm’s way. iRobot’s consumer and
military robots feature iRobot AWARE™ robot intelligence systems,
proprietary technology incorporating advanced concepts in navigation,
mobility, manipulation and artificial intelligence. For more 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.
