posted
InRob Tech Ltd. Remotely Controlled D9 Bulldozer to be Used in Daily Military Operations
December 05, 2005 16:15:20 (ET)
LAS VEGAS, Dec 5, 2005 (PRIMEZONE via COMTEX) -- InRob Ltd. ("InRob") (IRBL, Trade), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it has completed the sale of its first remotely controlled Caterpillar D9 bulldozer.
The Israel Defense Forces (IDF) has a special robotics unit of its engineering corps that is responsible for the operation of InRob Tech's D9 bulldozer. The remotely controlled armored D9 is being used in sensitive operations and border locations where human lives are in danger, for such tasks as clearing landmines, mounting sand barriers, building fortifications, and opening routes to armored fighting vehicles and infantry.
Ben Tsur Joseph, InRob Tech's CEO, says "We are pleased to have completed our first sale of the remote control system for D9 after finishing the trials. It is a vote of confidence of the IDF in our capabilities to produce superb quality in such a complex application. Having made this sale to the IDF gives us the endorsement we need to market the D9 bulldozer to militaries around the world."
For example, the U.S. Army has purchased several D9 armor kits from Israel and used them to produce similarly fortified D9s. They have been successfully put to use for similar purposes both in the Gulf War and in Iraq. This gives InRob further reason to be optimistic on the development of this market.
The first system was developed under contract for approximately $170,000 and it is expected that follow up orders will be made in the coming months at a unit price of over $100,000.
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posted
InRob Tech Ltd. Gears Up to Pursue Remotely Controlled D9 Bulldozer Global Market
December 06, 2005 09:45:08 (ET)
LAS VEGAS, Dec 6, 2005 (PRIMEZONE via COMTEX) -- InRob Tech Ltd. ("InRob") (IRBL, Trade), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the Company is now building up its business development efforts to generate sales of its remote control system for Caterpillar D9 bulldozers.
Following the successful completion of rigorous testing by the engineering corps of The Israel Defense Forces (IDF), and the recent first sale of a system to the IDF, InRob is now ready to pursue the larger markets for selling the remote control system.
"Our research shows that the market is just now building up, starting at an estimated tens of millions of dollars," says InRob Tech's CEO, Ben Tsur Joseph. "Because this is a totally new approach for using D9's, we expect to see in the coming years a significant jump in the demand as the market becomes aware of the advantages that unmanned D9's offer. With a unit price of approximately $100,000, along with maintenance contracts, this makes the market very attractive. We are firmly establishing our name in the UGV market with this system and other products, and having the full endorsement of the IDF helps to push us ahead of the competition."
InRob's advanced remote control systems for D9's will be used by military units for work in dangerous conditions and unstable terrain. "InRob will continue to develop technological advances in this area and we will be pushing very hard on business development. We are working closely with our strategic partners in several countries and looking to develop new relationships in order to take a significant share of the market as it grows in the coming years," concludes Joseph.
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posted
InRob Tech's Business Development Team Handling Several Inquiries from U.S. Firms Monday December 12, 6:00 am ET Recent Announcements Result in New Interest in Company's Technology
LAS VEGAS, Dec. 11, 2005 (PRIMEZONE) -- InRob Ltd. (``InRob'') (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the Company has received a notable number of inquiries from institutions and companies in the United States dealing in homeland security and defense.
These inquiries come as a result of recent announcements made by InRob Tech regarding successful trials and initial sales of their remotely controlled systems.
``Our business development team is now switching into high gear,'' says Ben Tsur Joseph, CEO of InRob Tech. ``With the completion of research and development work on several large and long-term projects, we are now pushing to bring these technologies to market. It appears that the market is now starting to coming to us. We welcome all inquiries and are committed to responding to all of them in the coming days.''
Recently, InRob Tech announced the sale to the Israeli Defense Forces (IDF) of a remote control system for a Caterpillar D9 bulldozer and the sale to the Turkish government of a remotely controlled moving target for tank practice. In addition, a positive analyst report this month generated further interest in the Company.
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<bubbydaddy>
unregistered
posted
I bought 5000*0.30 Dec 7 - half my funds. Rode bare-knuckled to 0.15 and regret not pulling the trigger on 5000 more then. Glad to see recovery to over 0.40 on steady volume. Wonder if the MM were trying to shake people after the positive news Dec 12. Looks like we will rest here for a few days before either moving up to 0.45 ot back down to 0.30. I am in long-term (or 3.00, whichever comes first), hoping for some news of a new puchase contract by this summer to get us over 1.00.
posted
Posted unregistered above, thought I'd better register in case this topic and IRBL make some noise.
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
InRob Tech Ltd. Completes Military Trials of Remotely Controlled Hummer
January 09, 2006 10:00:17 (ET)
LAS VEGAS, Jan 9, 2006 (PRIMEZONE via COMTEX) -- InRob Tech Ltd. ("InRob") (IRBL, Trade), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it has successfully completed the development and field trials of a remote control system installed on a Hummer jeep. Any function that a driver can perform in the vehicle can now be remotely managed by an operator at distances of up to 1.8 miles. Moreover, in the same way that a driver can see the dashboard and in-vehicle dials and meters, the operator can see all these parameters on his control unit. This enables operators to manage the vehicle with or without eye contact, depending on field conditions.
In addition, other add-on systems such as observation, transmission or video can be installed on the vehicle and operated by InRob Tech's same remote control system.
Hummers are highly common vehicles for several different field operations used by military forces around the world. Now, this robust military vehicle can be driven and operated using InRob Tech's highly sophisticated remote control system. InRob Tech's remote control system for the Hummer sells for approximately $70,000 per unit.
"The Hummer is so versatile that it is used by armies for many different operations," says Ben Tsur Joseph, CEO of InRob Tech. "The Israel Defense Forces (IDF) put our system through the most rigorous of testing and we are very pleased with the results and positive feedback. InRob continues to work closely with the IDF and hopes to use this exemplary relationship to leverage our business development for this system around the world."
The military Hummer is a multi-purpose jeep used by armies as a cargo-troop carrier, armament carrier, missile carrier, ambulance carrier, and a prime mover. There are tens of subtypes to fit the specific needs of military operations.
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<Need some contracts>
unregistered
posted
This thing will move once they sign some contracts, as more and more IEDs are utilized in different hotzones the need for this type of vehicle will only increase. The militay tests are a solid signal of things to come.
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We seem to be stalled around 0.40. Volume was low today on (arguably meaningless) news, I guess the holders are holding and the buyers are waiting. I want to take my profits now, a bird in hand....
Sure contracts would be good and they should come later this year; then again CTGLF was supposed to be on the AMEX by now...
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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<DWS>
unregistered
posted
I actually closed out the small position I had in this today. With out any solid news this will retrace over the next couple of weeks.
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DWS, you have a good point and I suppose I can always get back in if you are correct about the retrace. Just placed a limit sell 5000*0.44 - see if i can't get the ask instead of the bid...
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
43% profit was too tempting, I am out at .43 (had to lower my order from ask at 0.44 to bid at 0.43 to get the sale though).
Murnak do you have any solid info about news? I am assuming it will be this summer before any contracts are signed...
I'll be watching this one closely, so much for holding long. However, this was the longest I have ever held anything but...baby steps.
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
InRob Tech Ltd. Records First Sale of Its Remote Control System for Military Hummer to Israeli Defense Forces
January 12, 2006 09:17:15 (ET)
LAS VEGAS, Jan 12, 2006 (PRIMEZONE via COMTEX) -- InRob Ltd. ("InRob") (IRBL, Trade), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it has delivered an initial remote control system for operating a Hummer(R) HMMWV (High-Mobility Multipurpose Wheeled Vehicle) jeep to the Israeli Defense Forces (IDF) at a price of close to $70,000 per unit. The Company anticipates delivery of additional units over the course of this year.
"This sale represents what we hope is the beginning of a new and large market for InRob Tech," comments Ben Tsur Joseph. "We continue to feed the military and civilian markets with high tech solutions for the most dangerous of field operations tasks. The HMMWV, also known as Humvee(R), is a standard high performance operations vehicle in almost any army, and with the remote control capabilities offered by our system, we increase its functionality and performance by several levels."
The Humvee(R) is used by the IDF and armies around the world for a wide range of field operations as it is designed for use over all types of roads, in all weather conditions and is extremely effective in the most difficult terrain. InRob Tech's remote control system enables fully remote operation of the jeep. In addition, the system is capable of including high level controls, such as the operation of cameras and weapons. This further increases the base price of the Company's system and makes its use highly attractive in the most dangerous of activities.
"Army operations continue to expand globally," continues Joseph. "The trend to find high tech solutions to prevent casualties is growing in our favor and we expect that remotely controlled operations vehicles will become commonplace in the next few years. InRob Tech is well positioned to capitalize on this market, as our technologies have successfully gone through the toughest of testing by the most demanding of armies. I am optimistic of the direction of this market and our participation in it."
Humvee is a registered trademark of AM General LLC. Hummer is a registered trademark of General Motors Corporation.
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posted
yep, and me out at .43. Got back in at .49, and think I may have learned a lesson.... It's so hard for me to hold...this is an OTC BB after all.
Who knows where we are headed now there isn't really any way to look at it from a technical standpoint as previous higher closes were on meaningless volume, perhaps 1.00 by this summer?
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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quote:Originally posted by bubbydaddy: Who knows where we are headed now there isn't really any way to look at it from a technical standpoint as previous higher closes were on meaningless volume, perhaps 1.00 by this summer?
Or 1.00 by Feb, who knows?
I suppose we all should be buying more, but I'm also in CRY (500 at 4.59), which is doing nicely as well, and I got no more dry powder.
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
InRob Tech Ltd.'s Products to be Featured in Major Homeland Security Exhibition Friday January 27, 10:00 am ET
LAS VEGAS, Jan. 27, 2006 (PRIMEZONE) -- InRob Ltd. (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it will be exhibiting the Hornet MK-5 at DefExpo '06, which will be held in New Delhi, India, beginning January 29th.
``InRob is proud to be invited to exhibit by India's Ministry of Defense,'' says Mr. Ben-Tsur Joseph, CEO of InRob Tech. ``We have a long-standing relationship with the Indian government, and we are most appreciative of the confidence they have shown by allowing us to participate in global exhibition. Now that we have made major strides in bringing InRob Tech's UGV technologies to the Indian market, we hope that DefExpo will be our jumping board to strengthen our ties with India and build new relationships with customers from around the world.''
DefExpo '06 is an exclusive homeland security exhibition sponsored by the Government of India's Ministry of Defense. The Company would like to thank the Ministry for inviting InRob Tech to participate in this elite exhibition and looks forward to a growing mutually beneficial relationship with India over the coming years.
The Company will showcase its Hornet MK-5, a compact, rubber-tracked robot that can be use to meet a wide range of military and law enforcement needs, such as bomb disposal and riot control. The compact UGV is easily transported in a car and carried by two people. This robot has two color TV cameras and can climb stairs and roll through aircraft and offices. The robot's arm allows delicate movement to carry out the most difficult of tasks. The robot can operate for two hours with an effective range of 260 meters. In addition, the Hornet MK-5 can be equipped with nuclear, biological and chemical (NBC) sensors, adding further value to the system.
``We're very excited to be working with Alfa Design Technologies at this exhibition,'' continues Joseph. ``As our local partners in India, we look forward to their assistance in forging new and valuable business relationships not only for marketing the Hornet MK-5, but also for exposing the market to our growing line of homeland security, civilian and military systems.''
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InRob Tech Ltd. Launches Development of Autonomous Tractor Thursday February 9, 9:45 am ET Major Applications in Both Military and Civilian Markets
LAS VEGAS, Feb. 9, 2006 (PRIMEZONE) -- InRob Ltd. (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the Company has launched the development of remote control systems for tractors, making them fully or semi-autonomous.
Building upon InRob Tech's existing remote control technologies, the Company has launched the development of applications intended to solve everyday operations on tractors. InRob will install a low-level control (LLC) system on the tractor, an electronic system that enables the operator to remotely drive the tractor.
The initiative for the creation of this system comes from business development discussions that the Company has held with various contacts around the world.
A sophisticated navigation system will be built on this LLC foundation. The system will be able to upload way points that dictate the exact route of the tractor, which guide the tractor autonomously from point to point. In addition, as the tractor is driven by the operator, the system can memorize and store the route for future autonomous use. Several routes can be stored in the system, and the operator will even be able to upload new routes while the tractor is in operation, enabling the operator to choose the best route for the tractor at any given time. InRob Tech's autonomous tractor system will also allow for operator intervention, meaning that the operator can 'fall back' to a remote control system for driving and operating the tractor.
``Our new development will be a significant advancement in positioning InRob as a major player in the military and civilian industries,'' says Shimon Shamai, InRob Tech's VP of Research & Development. ``We will continue to develop systems that are geared to enabling unmanned operation of both mundane and dangerous activities.''
The Company expects to have a working prototype ready within six months.
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posted
>LAS VEGAS, March 6, 2006 (PRIMEZONE) -- InRob Ltd. (OTCBB: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 Company's CEO and General Manager returned from DefExpo '06 with excellent new leads for establishing long-term business relationships.
"InRob is particularly grateful to our local representatives in India, Alpha Design Technologies, for assisting the Company to participate in this elite global event," notes Mr. Ben-Tsur Joseph, CEO of InRob Tech. "Our participation in the DefExpo represents InRob's kick-off of global business development activities for 2006 and we look forward to working closely with the Indian government over the coming years through our partnership with IMI."
InRob Tech's Hornet MK-5 was on exhibit at the show. Homeland security and defense representatives from all over the world were shown, first-hand, the performance advantages of this compact, rubber-tracked robot that is ideal for such activities as bomb disposal and riot control.
"We were pleasantly surprised at DefExpo this year," continues Joseph. "Our newly developed remote control weapon station (RCWS) was also on display at the exhibition, only it was in the booth of India's Ordinance Factory Board (OFB), a division of their Ministry of Defense. Through their relationship with Israel Military Industries (IMI), the OFB is promoting the RCWS within the various military divisions in India. This is an exciting 3-way relationship and, as a result, we expect to close the 300 unit order for the weapon stations sometime later this year."
"We had many very interesting meetings and we will be extremely busy over the coming months in following up on the business development activities that were initiated at this exhibition. Our potential customers will be making major budgetary decisions, so it is reasonable to expect that the sales process for any one of our UGV's or remote controlled systems will extend at least six to twelve months."
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posted
Still holding my IRBL. What a nice way to start the week! I think we may get over .70 with this news.
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
Still holding my IRBL. What a nice way to start the week! I think we may get over .70 with this news.
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
Just found a piece on MSNBC (currently avaialbe on MSN.com video) on Irobot (IRBT) mentioning use for dealing with IEDs in Iraq. This could explain the high IRBL volume, but strangely IRBT has normal volume and is down....
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
InRob Tech Ltd. Sells 3 Remote Control Special Purpose Systems to Army Thursday March 16, 9:22 am ET Advanced Functions to be Used in Dangerous Operations
LAS VEGAS, March 16, 2006 (PRIMEZONE) -- InRob Tech Ltd. (``InRob'') (OTC BB:IRBL.OB - News), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the Company has sold three remote control special systems for tractors to the Israeli Defense Forces (IDF).
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posted
MoneyTV, Week of 3/17 Friday March 17, 10:05 am ET
LOS ANGELES, CA--(MARKET WIRE)--Mar 17, 2006 -- MoneyTV is the nationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews by hosts Donald Baillargeon and Skip Lindeman with company CEOs, providing insights into their operations and outlooks for their futures. Free information packages from the featured companies can be requested by sending an email to info*moneytv.net.
The television program can also be viewed online immediately at www.moneytv.net.
Featured companies on this week's show include:
InRob Tech, Ltd. (OTC BB:IRBL.OB - News) President Ben-Tsur Joseph and Spokesman Joel Gering appeared via satellite from Jerusalem and spoke of the company's advanced remote controlled robotics for security and military applications.
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