Monday, June 2, 2008

Judge tells gives Army, Robotic FX until Friday to justify moving case

The Massachusetts federal District Court judge overseeing iRobot's case against Robotic FX gave the feds and Robotic FX until Friday to justify moving the case to federal claims court. More from Xconomy.

The stock jumped $1 today on heavy volume. There is at least a decent chance that iRobot will ultimately get the $280 million contract or some proceeds from it, and then there is the announcement Thursday of iRobot's two new home robots, the ConnectR remote presence robot and the Looj gutter cleaner.

thx, simpsonsez

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