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iRobot: Robots For Real

May 11, 2015

There have been many stories about robots and predictions of what they can do. iRobot is one company that has made robots a reality and built them for everyday as well as specialized uses.

iRobot was founded in 1990 by Massachusetts Institute of Technology roboticists with the vision of making practical robots a reality. As reported by Yahoo Finance, today iRobot Corporation designs, builds, and markets robots for the consumer, defense and security, telemedicine, and mobile video collaboration markets worldwide. The company operates through two segments, Home Robots, and Defense and Security Robots.

It provides consumer products like floor vacuuming, automatic floor mopping, floor scrubbing, and pool and gutter cleaning. The company also provides defense and security products, including tactical ground robots comprising the combat-tested 510 PackBot; the 310 SUGV robots; the 110 FirstLook small, light, and throwable robots; and the 710 Kobra multi-purpose robots for carrying heavy payloads. It also offers remote presence products,like telemedicine and video collaboration robots.

iRobot Corporation offers its products through chain stores and other national retailers. It has an online store and also utilizes distributors and resellers, as well as the US military and other government agencies.

As stated by company, as a pioneer in the industry, iRobot’s goal is to drive innovation, serve as an industry catalyst and change the world by fueling the era of robots.

To support and encourage the development of robot technology, iRobot offers comprehensive resources for third-party developer, providing information and products that facilitate the creation and easy integration of new payloads, behaviors and capabilities of iRobot platforms. iRobot collaborates with external developers from government agencies, academic institutions and small and large businesses to create and bring to market innovations that help warfighters and public safety professional tackle dangerous missions with less risks.

iRobot has become a very viable business proposition. In 2014, it generated $557 million in revenue and employed over 500 of the robot industry’s top professionals. Headquartered in Bedford, Massachusetts, the firms stocks trade on the NASDAQ stock market under the ticker symbol IRBT.

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