
Monday, March 3, 2008
DARPA to iRobot: Build a LANdroid bot
Robotics company iRobot Corp. has landed an R&D contract from the Defense Advanced Research Projects Agency to develop a communications robot for the DARPA LANdroids program.
Under the contract, robotics maker iRobot (Nasdaq: IRBT) is expected to develop a communications relay robot, intended to be portable and disposable. The goal of the DARPA LANdroids program is to provide robots small enough that a single soldier can carry multiple robots, which would form a communications infrastructure to support operations.
Terms of the contract were not disclosed.
In January, Burlington-based iRobot licensed 3-D flash laser radar, or "Ladar," technology from California based Advanced Scientific Concepts Inc. The robotics company also made a minority investment of $2.5 million for preferred stock in ASC.
Founded in 1990 by MIT robotics researchers, iRobot reported a 2007 net income of $9.1 million on revenue of $249.1 million.
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