iRobot receives $7.6 million order from the U.S. Navy
Company also awarded contract for future robot upgrades
BEDFORD, Mass., Oct. 20, 2014 -- iRobot Corp. (NASDAQ: IRBT), the leader in delivering robotic technology-based solutions, has received a $7.6 million order from the Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division. The order calls for upgrades and spares for 46 Man Transportable Robotic System (MTRS) robots. MTRS is modeled after the company's multi-mission iRobot 510 PackBot. All deliveries under the order will be completed by Q2 2015.
The Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division also awarded iRobot a three-year indefinite delivery/indefinite quantity (IDIQ) contract with a total ceiling of $13 million. This contract also calls for robot upgrades and spares for MTRS robots, and an initial $277,000 order has been placed.
"iRobot is pleased to be working with the military to ensure that its MTRS fleet is equipped with the latest in robotic technologies," said Frank Wilson, senior vice president and general manager of iRobot's Defense & Security business unit. "These life-saving robots will remain an important part of our defense forces' toolkit in the years ahead."
iRobot has delivered more than 5,000 robots to military and civil defense forces worldwide. They are used to perform a variety of missions, including explosive ordnance disposal, surveillance and reconnaissance, CBRN detection and HazMat handling operations.
About iRobot Corp.
iRobot designs and builds robots that make a difference. 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.
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