Profile: iRobot Corp (IRBT.OQ)
24 Jun 2016
iRobot Corporation, incorporated on December 20, 2000, is engaged in designing and building robots. The Company sells its products through sales channels to the consumer, defense and security, telemedicine and video collaboration markets. It operates through two segments: the home robots business, and the defense and security robots business. The Company's home robots business segment offers products to consumers through a network of retail businesses across the United States, to various countries through international distributors and retailers, and through the Company's online store. The Company's home robots business unit includes mobile robots used in the maintenance of households. The Company's defense and security robots business segment offers products to the United States Department of Defense through the United States Government-focused sales force, and to other North American and international entities through domestic and international sales teams, as well as through North American and international distributors. The Company's defense and security robots are used to manage warfighters', law enforcement, security forces, and first responders' safety and productivity.
The Company is focused on behavior-based, artificially-intelligent systems developed to meet customer requirements in multiple market segments. The Company's robots rely on technology related to navigation, cloud robotics and manipulation to complete their missions autonomously. Its robots employ intelligent autonomy because, without autonomy, robots require human attention. Autonomy requires, among other things, navigation and updated mapping. The Company's mobile robots navigate through their environment in a range of ways. Some do it by reacting to encounters with obstacles. Others use other means that make use of maps to plan out paths, track their travel, and determine their location in the environment. Combining the components, such as autonomy, navigation, cloud robotics and manipulation, the Company has created reusable building blocks of robotics capabilities, including mobility platforms, manipulators, navigation and control algorithms, and user interfaces.
The Company sells various products that are designed for use in and around the home. Its consumer products are focused on both indoor and outdoor cleaning applications. The Company offers multiple Roomba floor vacuuming robots. Roomba robot's compact disc shape enables it to clean under kick boards, beds and other furniture. The Roomba 600 series robots offer a three-stage cleaning system, which vacuums every section of the floor multiple times, as well as AeroVac technology and brush design enabling the robot to handle fibers, such as hair, pet fur, lint and carpet fuzz. The Roomba 700 series robots offer debris pick up, a debris bin that pulls debris and hair off brushes into the bin, and dual air filters that capture dust particles. Roomba 800 series robots offer its AEROForce technology, which incorporates brushless, counter-rotating extractors that amplify suction for performance over bristle brushes.
The Company also offers the Braava automatic floor mopping robots designed for hard surface floors. These robots dusts and damp mops hard surface floors using reusable microfiber cloths, and include a special reservoir that dispenses liquid throughout the cleaning cycle to keep the cloth damp. The Company's Scooba 450 is a floor scrubbing robot. Scooba applies water and cleaning solution to the floor from a clean tank. Scooba cleans dirt and grime, and can be used on all sealed, hard floor surfaces, including wood and tile. The Company's Mirra Pool Cleaning Robot is used to clean residential pools and removes debris from pool floors, walls and stairs. Its Looj Gutter Cleaning Robot is used in gutter cleaning.
In defense and security product markets, the Company offer various unmanned ground vehicles. The Company's ground robots include the combat-tested 510 PackBot, the 310 SUGV, the 110 FirstLook small, light, throwable robot, and the 710 Kobra multi-purpose robot capable of carrying heavy payloads. The PackBot, SUGV, FirstLook and Kobra robots comprise a family of robots using various common platform components and offer its flipper technology that enables robots to climb stairs, navigate rubble and penetrate inaccessible areas. These robots are designed to keep war fighters and public safety officials out of harm's way and are designed for use while performing search, reconnaissance, mapping, bomb disposal and other missions.
The Company's Aware 2 software is incorporated into the 510 PackBot chassis and operator control unit. As a result, PackBot supports multiple configurations and payloads with the same chassis and operator control unit, providing customers with a single robot capable of performing a range of missions. The Company also utilizes Configure-To-Order (CTO) procurement options for commercial 510 PackBot, allowing customers to tailor the product to their specific mission needs. The combined benefits of the Aware 2 software and CTO procurement options establish the 510 PackBot as a modular multi-mission robotic platform.
The 110 FirstLook is an expandable, lightweight robot that performs persistent observation and investigates dangerous and hazardous material while keeping its operator out of harm's way. The 310 SUGV is a lightweight backpackable robot suited to dismounted operations. It has a modular design that accommodates a range of optional payloads and sensors, including a dexterous manipulator and can climb stairs, roll over obstacles and enter inaccessible areas. The 710 Kobra robot supports or carries multiple and payloads, and can lift approximately 330 pounds.
The Company offers over two products based upon its Ava mobile robotics platform. The RP-VITA telemedicine robot combines autonomous navigation and mobility technologies developed by iRobot with telemedicine and electronic health record integration developed by InTouch Health. The RP-VITA is sold to healthcare customers by InTouch Health. Its Ava 500 Video Collaboration robot delivers telepresence to the enterprise market. The Ava 500 blends together its autonomous navigation capabilities with Cisco's TelePresence to enable people working off-site to participate in meetings, presentations and events.
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