Showing posts with label iRobot Corp. Show all posts
Showing posts with label iRobot Corp. Show all posts

Wednesday, 20 April 2011

Roomba-Maker iRobot Clears Path For Robotics

Top scientists around the world are trying to improve upon robots, which can already detect bombs, perform surgery and even go into battle.

At iRobot Corp., they're trying to make a better vacuum.

Of course, iRobot's scientists do other things too. The company, best known for its Roomba floor vacuum, recently sent machines to Japan's Fukushima Daiichi nuclear plant disaster to help detect radiation, to the war zone in Afghanistan to find bombs, and to the Gulf of Mexico to locate spilled oil in the water.

But home robots — dominated by vacuums — make up 55 percent of the company's revenue and are part of the reason iRobot is on a tear. Shares are up 43 percent since the start of the year, and the company earned a profit of $26 million on sales of $401 million last year, up from $3 million on $299 million in revenue the year before.