CoroWare

CoroWare, Inc. is a publicly held company based in Bellevue, Washington.

CoroWare, Inc.
Public
Traded asOTCQB: COWI
IndustryRobotics, Software, Business Process Automation, Telepresence,
GenreMicroCap
Founded2003
FounderDavid Hyams and Lloyd Spencer
DefunctOctober 28, 2016 (2016-10-28)
Headquarters
Kirkland, Washington
,
United States
Key people
Lloyd Spencer, Founder/President and CEO
ProductsUsage Metering for Vidyo, Billing Integration Framework for MetraTech and Vidyo, NameTag, CoroBot, Explorer
ServicesCoroCall Video Conferencing Service
Number of employees
0 (2018)
Websitewww.coroware.com

History

CoroWare was founded in 2003 by David Hyams and Lloyd Spencer and joined the Technology Collaborative of Pittsburgh, PA in 2005. In 2006 CoroWare became a subsidiary of the public corporation Innova Holdings, later named Innova Robotics & Automation. In 2008, Innova became CoroWare, Inc. and CoroWare Technologies continued to operate as a fully owned subsidiary of CoroWare, Inc.

On October 28, 2016, the company ceased all operations, citing insufficient cash reserves, accumulated tax and debt liabilities, and "certain recent events resulting from the Notice of Default from YA Global Investments".[1]

On February 13, 2018, CoroWare announced that the Company is dramatically changing its strategic focus and will focus its business on the natural resources sector through joint venture partnerships. The Company is in the process of transitioning itself into a global natural resources company with a focus on coal production and new technologies and products derived from coal.

Products
  • CoroBot - A four-wheeled robot was released in March 2007. It is a four-wheeled robot that has an onboard mini-ITX computer and an optional 4 DOF arm.
gollark: *The haevdrone is detected and removed by potatosecurity systems, and the emergency lunar backup systems power up*
gollark: *PotatOS™ connects to all available weather data APIs and recalculates*
gollark: *The simulation is reloaded from accurate data and begins simulating haevdrones*
gollark: *The simulation is rewritten in Rust and can no longer crash*
gollark: *The PotatOS Compute Network runs a full-scale simulation of the universe, including haevdrones, to predict and counter their activity*

See also
  • Cobot (collaborative robot)

References
  1. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11655150
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