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New iRobot Spinoff Eyes Big Pentagon Contracts – Blog

New iRobot Spinoff Eyes Big Pentagon Contracts – Blog

Now officially in business as an independent company, iRobot’s former defense unit is gearing up to compete for Pentagon contracts in a market that has changed dramatically since the PackBot bomb-clearing robot became a military staple in Afghanistan and Iraq more than a decade ago.

“There are a lot of opportunities,” said Sean Bielat, a former iRobot executive and now CEO of Endeavor Robotics, based in Bedford, Massachusetts. The company was acquired earlier this year by the private equity firm Arlington Capital Partners in a $45 million deal.

Source: New iRobot Spinoff Eyes Big Pentagon Contracts – Blog