iRobot [IRBT] yesterday said it has teamed with Santa Barbara, Calif.-based Advanced Scientific Concepts. The deal grants iRobot the exclusive rights to develop and market ASC's 3-D Flash Laser Radar or "LADAR" technology for unmanned ground vehicles and robots in exchange for future commitments to purchase units. Separately, iRobot made a minority investment for preferred stock in the company. ASC, with over 20 years of experience and 13 patents, provides the expertise in critical imaging technology needed for new product…
iRobot Teams With Advanced Scientific Concepts
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