iRobot Ava development platform (via iRobot)
The field of robotics, and the market for robotics, is rapidly expanding into new fields and applications. Two weeks ago, the company iRobot announced their adapting to this expansion by branching into three different sections as a strategy for their long-term dominance in the robotics market. These branches will be comprised of three units: home robots, military robots and branch focused on emerging technologies.
iRobot has sold 7.5 million home robots since it began, most notably the Roomba vacuum cleaner. More than 4,500 combat proven military robots have been sold to the military as well to keep soldiers out of harms way during dangerous operations and also perform reconnaissance missions. Both of these departments have contributed to the 75% growth seen by the company in the last three years.
Hoping to continue this growth trend, the newest branch is focusing on emerging robotics technologies will begin by featuring the Ava platform to help developers in designing mobile robots of all sorts. iRobot hopes the platform will be used in everything from medical robots to retail, security etc.
The future of the iRobot company seems promising. However, the iRobot Corp. admits that the future is not certain and there are many factors out of their control which could get in the way of the three branches success. Investors are told to invest with caution and not be deceivingly inspired by their “forward-looking statements”.
Eavesdropper
