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Lockheed Martin Demonstrates Autonomous F-16 Landing

Lockheed Martin(LM) partnered with the Air Force Test Pilot School and successfully landed an F-16 Falcon using only computer controls. The announcement signals 1) that after a slow start, Lockheed is very much focused on the UAV market, 2) the...

FANUC Receives USDA Acceptance for M-430iA Robot

FANUC has become the first manufacturer of industrial robotic solutions to receive equipment acceptance from the United States Department of Agriculture for meat and poultry processing. The use of robotics systems in industrial manufacturing environments, particularly the automotive industry, is...

Adept Technology Reports Growth in 1Q 2009

Year-to-year revenues increase due to an increase in core robotics business. Company continues to see strong interest in the solar and packing vertical market segments. Quarter-to-quarter revenue drop attributed to historical, seasonal, Q4 declines.

iRobot Expands into Unmanned Underwater Vehicles

Summary: Through its acquisition of Nekton Research and by forging a licensing deal with the University of Washington to commercialize the Seaglider unmanned underwater vehicle (UUV), iRobot has diversified its product offerings and is making a concerted effort to enter...

Braintech Inc. Diversifies by Acquiring Shafi, Inc.

Summary: With its acquisition of Shafi, as well as through its own organic growth, Braintech has greatly increased its number of product installations and customers.This has resulted in an increase in revenue, but also a concomitant rise in operating expenses....