Scalper1 News
Look out, Roomba. British inventor and vacuum cleaner giant James Dyson is getting ready to take on iRobot’s (IRBT) popular home vacuuming robot. Dyson’s eponymous company released a video Tuesday that teases a Sept. 4 announcement. The cryptic video shows images of a laboratory using a wide-angle lens from the perspective of a machine near the floor. The video also has computer graphics that seem to show a robot navigation system. A description of the video says it shows “Dyson project N223,” which took 16 years, 200 engineers and an investment of 28 million British pounds ($46.4 million). IRobot stock was down more than 3.5%, near 33, in afternoon trading on the stock market today to date, most of iRobot’s competition has come from lower-cost copycat products out of Asia. U.K.-based Dyson has been widely anticipated to enter the robotic vacuum cleaner market for some time. Earlier this year, Dyson… Scalper1 News
Scalper1 News