iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic
technology-based solutions, has received a $12.7 million order from the
U.S. Army Contracting Command in Warren, Michigan for 68 of the
company’s model 310 SUGV robots and spares kits. All deliveries will be
completed by August 31, 2012.
iRobot 310 SUGV features a highly dexterous manipulator for investigating and neutralizing suspicious objects. (Photo: Business Wire)
This is the second order under a requirements contract that allows the
Army to purchase iRobot 310 SUGV robots and spares kits through
September 2015. To date, 138 robots and spares kits have been delivered
under the contract, bringing its total current value to approximately
$24 million.
The iRobot 310 SUGV is a man-portable robot with dexterous manipulator
and wearable controller. A smaller and lighter version of the
combat-proven iRobot PackBot, it enters areas that are inaccessible or
too dangerous for people, providing state-of-the-art technology for
infantry troops, combat engineers, mobile EOD technicians and other
personnel.
“While primarily geared towards dismounted EOD operations, 310 SUGV is
adaptable and expandable,” said Tim Trainer, interim general manager of
iRobot’s Defense & Security business unit. “The robot can be outfitted
with a wide range of payloads and sensors, allowing warfighters and
public safety professionals to stay out of harm’s way while gathering
situational awareness in a variety of missions.”
iRobot has delivered more than 4,500 unmanned ground vehicles to
military and civil defense forces worldwide.
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 defense &
security 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. This press release contains express or
implied forward-looking statements relating to, among other things,
iRobot Corp.’s expectations concerning delivery of future orders. 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. 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.
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