The US government’s foreign robot crackdown also cover foreign-made robot vacuums, putting future Roombas and competing models at risk of being blocked from US sale.
iRobot, Luminar, and Rad Power Bikes were very different companies, but they faced some similar challenges.
The iRobot founder opens up about the 18-month regulatory process that he says doomed the Roomba maker — and what it means for American innovation.
The hardware world had a brutal week, with iRobot, Luminar, and Rad Power Bikes all filing for bankruptcy. Each company faces its own mix of tariff pressures, supply chain issues, and shifting markets, but together they tell a…