Tuesday, May 27, 2008

iRobot receives orders totaling $22M

iRobot Corp. has 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.

To date iRobot has delivered more than 1,500 PackBot robots.
Source: iRobot

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