Robotics investments totaled at least $4.3 billion in February 2019 in a steep increase from January, which had about $1.4 billion. In addition, companies reported approximately $3.9 billion worth of acquisitions this past month. Any political or economic jitters have not yet harmed the mood for robot deals. The Robotic Industries Association noted yesterday that robot…
Endeavor acquisition positions FLIR as next-gen defense robot leader
FLIR Systems Inc. is moving full-steam ahead in its quest to be known as a provider of unmanned systems, not just the thermal imaging cameras, sensors, and components inside them. Wilsonville, Ore.-based FLIR this week agreed to acquire Chelmsford, Mass.-based Endeavor Robotics for $382 million in cash. This is the latest in a series of…
Endeavor Robotics wins government contract for 75 FirstLook robots
Endeavor Robotics secured a contract with the U.S government for 75 of its FirstLook robots, its third major contract with the government in six weeks. “FirstLook is the most preferred lightweight reconnaissance robot in its class because of how easily and quickly it can be deployed while withstanding the abuse of ground operations,” president Tom…