Under the so-called pre-packaged Chapter 11 process, the main maker of its devices will take ownership of the firm.

Robot, the maker of the popular Roomba vacuum cleaners, has filed for bankruptcy under Chapter 11 in the United States, ...

From disaster zones, to oil spills, to the Great Pyramids of Giza, iRobot has taken its robot everywhere in its 35 years.

Rising tariffs significantly increased iRobot's costs and pressured profit margins, contributing to the Roomba maker's ...

Robot, the company behind the Roomba smart vacuum cleaner, has filed for bankruptcy protection after struggling with Donald ...

Whether you call Dex a wheeled humanoid or a mobile manipulator, Richtech Robotics' system is a sign of things to come, says ...

Richtech Robotics operates in a rapidly evolving robotics sector dominated by big tech and aggressive capital deployment.

Southwest Airlines (NYSE:LUV) stock gained 2.1% after Barclays upgraded the carrier to “overweight” from “equalweight”, ...

To efficiently implement this transaction, iRobot and certain of its affiliates voluntarily commenced a pre-packaged chapter 11 process in the District of Delaware (the "Court"). The Company expects ...

Company's secured lender and key supplier, Picea, to acquire iRobot through court-supervised chapter 11 process Positions iRobot to continue delivering trusted robotics ...

Startups flush with cash are building AI-assisted laboratories to find materials far faster and more cheaply, but are still ...

Robot, the U.S. company behind the Roomba smart vacuum cleaner, has filed for bankruptcy protection after rising competition from Chinese manufacturers and ...