U.S Army Accelerates Testing of iRobot’s Future Combat Systems Small Unmanned Ground Vehicle
Soldiers to Begin Robot Field Exercises in May 2008
BURLINGTON, Mass.– iRobot Corp. (NASDAQ: IRBT) today announced that the U.S. Army has accelerated its testing schedules for iRobot’s Future Combat Systems (FCS) Small Unmanned Ground Vehicle (SUGV) robot development program. The updated plan calls for iRobot to deliver a total of 25 FCS SUGV robots by April 2008. The Army Evaluation Task Force (AETF) will begin evaluation and testing of the robots in May 2008. This effort is intended to provide an early capability of SUGV to soldiers in the field. The SUGV Systems Development and Demonstration program will continue to mature the SUGV with its full network capability.
The initial soldier evaluations will determine the capabilities and limitations of the SUGV platform. These evaluations will support the Army’s production decision, which is expected in September 2008. FCS will procure a select number of these early SUGV units and then transition to the full network-capable SUGV as scheduled by the FCS program.
“We continue to receive a tremendous amount of positive feedback from soldiers in theater that iRobot PackBot is an essential tool for ensuring mission readiness and improving situational awareness to keep soldiers out of harm’s way,” said Vice Admiral Joseph Dyer (U.S. Navy, Ret.), president of iRobot’s Government & Industrial Robots division. “We see this acceleration as clear evidence of the U.S. Army’s recognition of the critical role robots play in arming soldiers with the best intelligence and combat options to provide clear advantage on the battlefield.”
FCS SUGV is a tactical reconnaissance robot designed to assist soldiers in obtaining intelligence in dangerous or otherwise inaccessible areas. Modeled after the combat-proven iRobot PackBot, the SUGV offers multiple video sensors for real-time day/night tactical situational awareness. At just 30 pounds, SUGV’s portability, modularity and agility make it an essential component of the individual soldier’s gear in the integrated FCS program.
iRobot is currently under contract agreement to develop the next-generation SUGV for the FCS program with Science Applications International Corp. (SAIC), which serves as the FCS Lead Systems Integrator with Boeing. This decision marks the first significant delivery of SUGVs to military customers.
To date, iRobot has delivered more than 1,200 PackBot robots to a broad range of military and civilian customers worldwide.
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 www.irobot.com.
For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to, among other things, iRobot Corp.’s expectations concerning future revenues and profitability, product development, estimates of the size of the markets for its products, and market acceptance of its products. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, the risks and uncertainties include, among other things: our dependence on the U.S. federal government and government contracts; market acceptance of our products; and changes in government policies or spending priorities. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot Corp. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot Corp., see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.