IRobot Receives $7.6M US Navy Order

iRobot Corp 510 PackBot

IRobot has received a $7.6 million order from the Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division. The order calls for upgrades and spares for 46 Man Transportable Robotic System (MTRS) robots. MTRS is modeled after the company’s multi-mission iRobot 510 PackBot. All deliveries under the order will be completed by Q2 2015.

The Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division also awarded iRobot a three-year indefinite delivery/indefinite quantity (IDIQ) contract with a total ceiling of $13 million. This contract also calls for robot upgrades and spares for MTRS robots, and an initial $277,000 order has been placed.

IRobot has delivered more than 5,000 robots to military and civil defense forces worldwide, says the company.

[Image courtesy: iRobot]

Just in

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.