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iRobot Corporation Message Board

  • mergandacqman mergandacqman Jul 31, 2014 1:01 PM Flag

    Recent iRobot patents include robot hands, robot lawnmowers, robot stair-climbers, robot personal assistants...

    Whoever thinks iRobot is just a vacuum cleaner company is really missing the bigger picture. The advanced autonomous navigation capabilities and patents, the early Ava 500 and RP-VITA autonomous robots, the recent hand/gripping (including door opening) and stair-climbing patents, the improving two-way communication capabilities, the late 2012 purchase of Evolution Robotics and all of the low-cost navigation technologies, expertise (including iRobot's CTO) and patents that came with the acquisition, all point to so many new iRobot opportunties coming up in the near future. And, of course, even as these higher-level robot applications come to fruition, the near-term cash-flow will continue to be generated by the much-improved existing cleaning line (vacuuming, mopping, swifting), along with a nice new lawn mowing robot (many patents but not yet commercialized). We, my friends, are seeing the beginning of an amazing growth story.

    Sentiment: Strong Buy

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