Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant’s takeover offer, has warned investors it may not survive the next 12 months.
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It was originally at up to leech government funding for “weapons research”. I guess I’m old because nobody here seems to remember that.
What’s the context for this?
iRobot started off as a defense contractor making mine clearing algorithms or some such vaporware.
Hmm an interesting pivot