The military was expected to conduct a pre-award survey yesterday on the GIANT 3,000 robot order, including 1,000 robots by the end of the year. Whoever the winner/winners are will now be in the "pre-award" stage. The announcement is expected Sept. 14th, which could be a VERY important day for iRobot shareholders and for the future of its PackBot platform.
Here is the definition of "pre-award stage."
Thanks, CharlieSFBAYArea for this post!
Here's his comment:
If IRobot got this far, they won't have any problem. I know the anticipation is killing me and I am looking at the stock each day to see if any trading would indicate that IRobot won a part or all of this (the latter being unlikely if past behavior of the government holds in choosing more than one vendor on robots). Although I say that I am looking for some indication from the stock price, even that is also not likely as it would be insider trading. On September 14th (either during or after trading), we should see the decision.I've personally seen numerous instances with this stock where it will move before announcements, so you do have to watch it.
Keeping my fingers crossed for a homerun!
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