Robohub.org
 

iRobot shares plummet 33%; GM of government & industrial robots division to leave

by
09 February 2012



share this:

… Fourth quarter net income jumped 52 percent compared to the year before on strong demand for robots built for the consumer market. But CEO Colin Angle warned that robot sales to government agencies might slow in 2012.
… iRobot expects revenue in 2012 to be between $465 million and $485 million while net income will be between 75 cents and 95 cents per share – well below expectations of $1.44 per share and revenue of $532.7 million that analysts were predicting.
… Most UAV and robot manufacturers are suffering US DoD cuts but much of that is being offset by actively marketing foreign military and government purchases as drones and robotic warriors spread around the world.
… UPDATE 2/17: Robert Moses, the general manager of the government and industrial robots division of iRobot will leave and an interim manager has been chosen.
… There’s also the problem of repatriating the thousands of robots returning from Iraq and Afghanistan. The first to figure out a marketable civilian use wins!




Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



A short guide to Multidisciplinary Research

How and Why would I consider colliding two opposite disciplines in my research.
27 September 2023, by

Robo-Insight #5

In this fifth edition, we are excited to feature robot progress in human-robot interaction, agile movement, enhanced training methods, soft robotics, brain surgery, medical navigation, and ecological research. 
25 September 2023, by

Soft robotic tool provides new ‘eyes’ in endovascular surgery

The magnetic device can help visualise and navigate complex and narrow spaces.

‘Brainless’ robot can navigate complex obstacles

Researchers who created a soft robot that could navigate simple mazes without human or computer direction have now built on that work, creating a “brainless” soft robot that can navigate more complex and dynamic environments.
21 September 2023, by

Battery-free origami microfliers from UW researchers offer a new bio-inspired future of flying machines

Researchers at the University of Washington present battery-free microfliers that can change shape in mid-air to vary their dispersal distance.

Virtual-reality tech is fast becoming more real

Touch sensations are improving to help sectors like healthcare and manufacturing, while other advances are being driven by the gaming industry.
16 September 2023, by





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association