iRobot Receives $21 M Order from the US Navy

Bedford, Mass. - iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, has received a $21 million order from the Naval Sea Systems Command (NAVSEA). This is the fourth order under a $230 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract, bringing total orders under this contract to $36 million. The latest order calls for delivery of more than 100 Man Transportable Robotic System (MTRS) MK 1 MOD 1 robots and spares kits.

MTRS MK 1 MOD 1 is modeled after the iRobot 510 PackBot(r). These combat-proven robots perform bomb disposal and other dangerous missions while keeping warfighters out of harm's way.


"Improvised explosive devices (IEDs) remain one of the biggest threats to our forces overseas," said Robert Moses, president of iRobot's Government and Industrial Robots division. "iRobot's unmanned ground vehicles save lives every day by providing our troops with the ability to identify and dispose of IEDs from a safe standoff distance. We are pleased that the Navy is continuing its investment in this technology."

Source : iRobot Corporation (Nasdaq: IRBT)