Unbounded Robotics to Shut Down Due to Issues With Willow Garage Spin-Off Agreement

Source: IEEE Spectrum
08/28/14, 11:06 AM | Industrial Robotics, Factory Automation

From Evan Ackerman at IEEE Spectrum:

IEEE Spectrum has learned that Unbounded Robotics, a spin-off of Willow Garage that developed the UBR-1 mobile manipulator, is currently "in the process of shutting down." The UBR-1 is no longer for sale.

Recently, a source (who asked not to be named) forwarded us an email from Unbounded Robotics CEO Melonee Wise. Our source received the message after requesting a quote for a UBR-1 robot:

"Unfortunately Unbounded Robotics is in the process of shutting down due to issues with our Willow Garage spin off agreement that prevents us from raising series A investment. Unbounded Robotics is no longer selling the UBR-1.... (cont'd)

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