Home > News > iRobot: Sweeping up in military markets?
March 12th, 2007
iRobot: Sweeping up in military markets?
Gregg Early, the editor of The Real Nanotech Investor explains, "iRobot was quite the sensation, and when it issued its initial public offering in late 2005, it took off like a rocket. Then people started to sober up and wonder how a little company that makes cool robotic vacuums could survive as a publicly traded company."
"I mean, how many do you need?" he asks. Many other investors apparently felt the same as the stock plummeted. Then, notes Early, the company recently released depressing earnings news, and the stock is sold off further, nearing 52-week lows.
Despite this rather unimpressive outlook, the advisor has chosen to add the stock to his buy list, noting, "There are two things iRobot has going for it that most people overlook."
First, he points to the computer program underlying the product. He explains, "The program that makes these little things go is absolutely amazing. This is artificial intelligence (AI), not just some long script of 'if/then' statements. This gives the company far more than little robots to sell people with dirty floors."
PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014
Aspen Aerogels, Inc. to Present at Barclays CEO Energy-Power Conference August 27th, 2014
Harris & Harris Group Letter to Shareholders on Website August 19th, 2014
Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 August 12th, 2014
Novel approach to magnetic measurements atom-by-atom October 1st, 2014
'Stealth' nanoparticles could improve cancer vaccines October 1st, 2014
Stressed Out: Research Sheds New Light on Why Rechargeable Batteries Fail October 1st, 2014
New Absorber Will Lead to Better Biosensor: Biosensors are more sensitive and able to detect smaller changes in the environment October 1st, 2014
Japanese gold leaf artists worked on a nano-scale: Study demonstrates X-ray fluorescence spectroscopy is a non-destructive way to date artwork July 3rd, 2014
Harry Potter-style invisibility cloaks: A real possibility next Christmas? Forget socks and shaving foam, the big kids of tomorrow want an invisible cloak for Christmas December 19th, 2013
Chicago Awareness Organization First Not-for-Profit to Sponsor Dog Training to Detect Ovarian Cancer Odorants December 12th, 2013
ZEISS Microscopes used to create images for Art Exhibit at Midway Airport: Art of Science: Images from the Institute for Genomic Biology October 25th, 2013
Iranian Scientists Determine Grain Size, Minimize Time of Nanocomposite Synthesis September 29th, 2014
New computer program aims to teach itself everything about anything June 12th, 2014
Director Wally Pfister joins UC Berkeley neuroengineers to discuss the science behind ‘Transcendence’ April 7th, 2014
Synaptic transistor learns while it computes: First of its kind, brain-inspired device looks toward highly efficient and fast parallel computing November 11th, 2013