IRBL - * .38, Israeli-based defense related company
Fairly good financials for .38 stock with recent contract for $3 million that could make profitable.
InRob Launches New Mini-Tractor with Israel Defense Forces MONDAY, JULY 10, 2006 4:15 PM - PrimeZone
LAS VEGAS, Jul 10, 2006 (PRIMEZONE via COMTEX) -- InRob Ltd. ("InRob") (IRBL) , a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the IDF (www1.idf.il) has introduced the Keter Paz, InRob's new mini-tractor, into operational use.
The IDF (Israel Defense Forces) is Israel's national military, considered one of the world's strongest and most technologically sophisticated armies in the world. Its mission is to defend the existence, territorial integrity and sovereignty of the state of Israel, to protect the inhabitants of Israel and to combat all forms of terrorism which threaten the daily life. The ever-expanding cooperation between the IDF and the security industries, which goes back to the early days of the State of Israel, is the main power behind the IDF's high technological superiority.
The Keter Paz, InRob's new remote controlled mini-tractor designed for bomb and mine disposal missions, was unveiled at an annual IDF conference on devices for its special units. A special television feature on the machine was also broadcast on prime time Israeli television. The new mini-tractor is expected to enter into full service in the IDF in the next few months.
Keter Paz is one of three remotely operated tractors developed by InRob in response to IDF's growing need to perform a range of missions without exposing soldiers to risks of injury. The Keter Paz, which clears mines and open paths, is operated by a remotely located operator and is expected to be used by IDF's Yahalom unit, that specializes in mine clearance and robot operations.
This remotely controlled mini-tractor is equipped with several accessories, including a five-section robotic arm, a set of cameras that provides the operator with a full view of the machine, and a metal cultivator that allows the machine to rake mines buried in the ground.
"The aim of this machine is to minimize risks to soldiers when mines must be cleared. The Keter Paz can be deployed ahead of the troops, while the operator sits several hundreds yards away and performs precise and effective mine clearing operations without any danger to the forces," explains Ben Tsur Joseph, InRob's CEO.
About InRob Tech
InRob Tech is an Israeli-based high-tech company specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is Israel's leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.