iRobot receives $4 million order for the U.S. Navy
BEDFORD, Mass., Aug. 19, 2015 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced it received a $4 million order for the U.S. Navy for the company's model 110 FirstLook® robots and accessories. All deliveries under the order will be completed by February 2016.
The highly rugged iRobot 110 FirstLook is a five-pound, compact and expandable robot that provides immediate situational awareness, performs persistent observation, and investigates and manipulates dangerous and hazardous materials while keeping the operator out of harm's way. FirstLook can integrate numerous third-party sensors for HazMat, CBRN missions and supports thermal imagers. It can also be equipped with a Small Lightweight Manipulator to interact with the environment.
"iRobot is pleased to provide these state-of-the-art robots to the U.S. Navy as they will help to address a wide variety of missions," said Tom Frost, senior vice president and general manager of iRobot's Defense & Security business unit. "FirstLook is light enough and rugged enough to be thrown through a window or down a flight of stairs, and its capabilities are expandable with the addition of different payloads. We believe FirstLook is the most capable robot in its weight class."
iRobot has delivered more than 5,000 of its defense and security robots to military and civil defense forces worldwide.
About iRobot Corp.
iRobot designs and builds robots that empower people to do more. The company's home robots help people find smarter ways to clean, its defense & security robots protect those in harm's way, and its remote presence robots enable virtual presence from anywhere in the world. iRobot's robots feature proprietary technologies 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 Corporation's expectations concerning product delivery and product performance. 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 Corporation 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 Corporation, 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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SOURCE iRobot Corp.
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