Company News

Here is an interesting and very informative article provided to us by Frank Tobe of The Robot Report, from his blog Everything-Robotic. “Pure play” is an investment term that refers to a company which is exclusively focused on a particular product or service. An investor buys stock in pure play companies in order to obtain a market share in the industry as well as in […] Read More

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According to the International Federation of Robotics, (IFR) after stopping for a while due to the crisis in 2009, the demand for automation increased again in 2010. The recovery represents a stong surge upward, an increase of 27%, or 76,000 units. The majority of the demand came from China, Republic of Korea and South East Asian countries. The North American and Japanese demand has also […] Read More

BEDFORD, Mass., Sept. 8, 2009: iRobot Corp. (NASDAQ: IRBT) today announced that it has received a $6.1 million order from the U.S. Army Program Executive Office for Simulation, Training, and Instrumentation (PEO STRI). This is the twelfth order under an existing $200 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract. The current total contract value now stands at approximately $30 million. This order calls for the delivery […] Read More

ANN ARBOR, Michigan (December 5, 2008) As more companies adopt robots the need for safety training is expanding across the U.S. and Robotic Industries Association (RIA) is responding with more training events and locations than ever. For the first time, Knoxville, Tennessee is host to RIA’s 2009 Spring Robot Safety Conference at the Knoxville Marriott from March 23-25, 2009. This three-day conference features a mix […] Read More