CoroWare

CoroWare, Inc.
Public
Traded as OTCQB: COWI
Industry Robotics, Software, Business Process Automation, Telepresence,
Genre MicroCap
Founded 2003
Founder David Hyams and Lloyd Spencer
Defunct October 28, 2016 (2016-10-28)
Headquarters Kirkland, Washington, United States
Key people
 Lloyd Spencer, Founder/President and CEO
Products Usage Metering for Vidyo, Billing Integration Framework for MetraTech and Vidyo, NameTag, CoroBot, Explorer
Services CoroCall Video Conferencing Service
Number of employees
 0 (2018)
Website www.coroware.com

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

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.

See also

  • Cobot (collaborative robot)

References

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