iRobot Corp. (Nasdaq: IRBT) announced it received orders under two separate contracts from the U.S. Army Program Executive Office for Simulation, Training, and Instrumentation (PEO STRI), that manages these contracts on behalf of the Robotic Systems Joint Project Office at Warren, Mich. and Huntsville, Ala.
PEO STRI placed a $16 million order, the third under the xBot contract, to put more than 200 robots and spare parts into the hands of infantry by October 31, 2008. Orders to date now total $27 million under this $286 million Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract.
iRobot also received a delivery order totaling $6.3 million under the PEO STRI contract for a combination of iRobot® PackBot® 510 with EOD kit robots, the iRobot PackBot with ICx Fido Explosives Detection Kits, as well as spare parts and equipment. Total orders under this $64 million IDIQ contract equal $52 million, and iRobot expects to complete delivery by the end of September 30, 2008.
“Each day, the military is using our robots to perform missions that leverage the benefits of robots in theater,” said Joe Dyer, president of iRobot Government and Industrial Robots. “Continued investment by the U.S. Army further validates these advantages, especially the ability to complete critical missions at safe standoff distances.”
The robots ordered under both contracts will help warfighters address critical mission needs, including reconnaissance, building clearance, chemical sensing, investigation of suspicious objects and identification of roadside bombs, as well as other IEDs.
iRobot has delivered more than 1,500 PackBot robots, which make a difference everyday by conducting dangerous missions that keep warfighters out of harm’s way.
About iRobot Corp.
iRobot is a provider of robots that perform dull, dirty or dangerous missions in a better way. The company’s proprietary technology, iRobot AWARE™ Robot Intelligence Systems, incorporates advanced concepts in navigation, mobility, manipulation and artificial intelligence. This proprietary system enables iRobot to build behavior-based robots, including its family of consumer and military robots. For additional information about iRobot, please visit http://www.irobot.com.
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