*iRobot Corp., certainly a sign of the times... weird times>>>
Vacuum, military robots maker iRobot sets IPO Mon Oct 24, 2005 6:35 AM ET
WASHINGTON, Oct 24 (Reuters) - IRobot Corp., the maker of the Roomba floor vacuum robot and PackBot tactical military robots, on Monday set its planned initial public offering at 4.3 million shares for between $21 and $23 per share.
The underwriters, led by Morgan Stanley and JPMorgan, will have the option to buy 645,000 more shares to cover over-allotments, according to an amended offering document filed with the U.S. Securities and Exchange Commission.
iRobot CEO Colin Angle to Discuss the Robot Industry October 04, 2005 12:01 AM US Eastern Timezone
iRobot CEO Colin Angle to Discuss the Robot Industry
RoboNexus 2005
--(BUSINESS WIRE)--iRobot
WHAT: Industry visionary Colin Angle delivers keynote address at RoboNexus Conference.
WHO: Angle, co-founder and CEO of iRobot Corp., has helped transform iRobot from a small MIT spin-off to a $95 million business, with products currently shipping in 40 countries. iRobot, a provider of robots, has sold more than 1.2 million iRobot Roomba(R) Vacuuming Robots worldwide. More than 200 iRobot PackBot(R) Tactical Military Robots are protecting the troops in Afghanistan and Iraq.
Angle's 16 years of experience in the robot industry include work at NASA's Jet Propulsion Laboratory, where he worked on the behavior-controlled rovers that led to Sojourner exploring Mars in 1997. This year, Angle has been a featured speaker on the robot industry's evolution to audiences at International CES 2005, The Wall Street Journal's "D - All Things Digital" conference, and The Future in Review conference. Last month, Angle was honored as one of Fortune Small Business' Best Bosses of 2005.
WHEN: Friday, October 7, 2005; 9:00 a.m. PT
WHERE: RoboNexus Conference and Exposition San Jose Convention Center San Jose, Calif.
Contacts
iRobot Parna Sarkar, 781-418-3135 psarkar@irobot.com or Amy Reardon, 303-730-5755 areardon@arpartners.com
iRobot lands $140M Navy contract upgrade September 26, 2005 Boston Business Journal
Military and commercial robot maker iRobot Corp. won a $140 million contract upgrade to provide parts and service for the Man Transportable Robotic System the company is building for the U.S. Navy.
According to a press release from the U.S. Department of Defense, the military has an "urgent and compelling need" for the systems, which are used by troops in Operation Enduring Freedom and Operation Iraqi Freedom.
iRobot of Burlington is scheduled to finish the military work for the Naval Sea Systems Command's Indian Head Division in Indian Head, Md., by October 2012.
Earlier this month, iRobot announced that its $12.1 million order for 103 man-transportable robots, known as PackBot, could grow to a deal to make 1,200 robots through 2012.
The company has filed to stage a $115 million initial public offering.
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