- iRobot, Luminar, and Rad Power Bikes recently filed for bankruptcy, despite operating in different sectors (robotics, lidar, and e-bikes).
- All three companies faced similar challenges including tariff pressures, deals falling through, and difficulty expanding beyond their initial popular products.
- The failed acquisition of iRobot by Amazon and Rad Power Bikes’ battery recall issues are highlighted as potential "final blows," although broader structural problems contributed to their downfall.
A: Did you hear about the news? Three companies filed for bankruptcy!
B: No way! Who?
A: iRobot, Luminar, and Rad Power Bikes. You probably have a Roomba, right? That's iRobot!
B: Really? Wow! I don't have one, they kind of scare me! My mom has a Rad Power bike though, she loves it.
A: Yeah, it’s crazy. They’re all so different - Roombas, fancy sensors for self-driving cars, and e-bikes. But they all faced similar problems.
B: Like what?
A: Well, tariffs really hurt them. And some big deals fell through. iRobot tried to get bought by Amazon, remember? But the FTC blocked it.
A: Rad Power Bikes were really popular during the pandemic. Everyone was buying them. But now their sales are way down.
B: It’s tough, isn't it? It's almost like blocking those mergers can actually hurt companies. Maybe they end up being bought by a Chinese firm instead.
A: Exactly! iRobot relied a lot on China for parts. Maybe it was hard to build a company like that *here* over the last 15 years. It also let other companies copy their ideas!
B: It’s sad, isn't it? It makes you think about these big trade issues.
A: Totally. Sometimes one thing, like the battery recall for Rad Power Bikes, is the final nail in the coffin, but there were lots of things adding up.
- All three companies faced similar challenges including tariff pressures, deals falling through, and difficulty expanding beyond their initial popular products.
- The failed acquisition of iRobot by Amazon and Rad Power Bikes’ battery recall issues are highlighted as potential "final blows," although broader structural problems contributed to their downfall.
A: Did you hear about the news? Three companies filed for bankruptcy!
B: No way! Who?
A: iRobot, Luminar, and Rad Power Bikes. You probably have a Roomba, right? That's iRobot!
B: Really? Wow! I don't have one, they kind of scare me! My mom has a Rad Power bike though, she loves it.
A: Yeah, it’s crazy. They’re all so different - Roombas, fancy sensors for self-driving cars, and e-bikes. But they all faced similar problems.
B: Like what?
A: Well, tariffs really hurt them. And some big deals fell through. iRobot tried to get bought by Amazon, remember? But the FTC blocked it.
A: Rad Power Bikes were really popular during the pandemic. Everyone was buying them. But now their sales are way down.
B: It’s tough, isn't it? It's almost like blocking those mergers can actually hurt companies. Maybe they end up being bought by a Chinese firm instead.
A: Exactly! iRobot relied a lot on China for parts. Maybe it was hard to build a company like that *here* over the last 15 years. It also let other companies copy their ideas!
B: It’s sad, isn't it? It makes you think about these big trade issues.
A: Totally. Sometimes one thing, like the battery recall for Rad Power Bikes, is the final nail in the coffin, but there were lots of things adding up.
Similar Readings (4 items)
Summary: ‘It felt so wrong’: Colin Angle on iRobot, the FTC, and the Amazon deal that never was
Summary: How iRobot lost its way home
Summary: Rad Power Bikes faces shutdown in January without new funding
Conversation: Roomba vacuum cleaner maker files for bankruptcy
Summary
iRobot, Luminar, & Rad Power Bikes filed for bankruptcy despite diverse sectors (robotics, lidar, e-bikes). Shared challenges included tariffs, failed deals (Amazon/iRobot), & product expansion issues. Battery recalls & broader trade pressures contributed. #bankruptcy #trade
Reading History
| Date | Name | Words | Time | WPM |
|---|---|---|---|---|
| 2025/12/22 20:00 | Anonymous | 298 | 142s | 125 |
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ID: e965abc1-d4dd-4397-8216-e718e6550e21
Category ID: listed_summary
URL: https://techcrunch.com/2025/12/21/a-rough-week-for-hardware-companies/#summary
Date: Dec. 22, 2025
Notes: 2025-12-22
Created: 2025/12/22 19:09
Updated: 2025/12/22 20:00
Last Read: 2025/12/22 20:00