Micronauts is the American
version of a toy line from Japan called Microman. They
were imported into the USA, in the mid 1970's, by a company
called Mego Corporation, and the line consisted of action
figures, robots, vehicles, play sets, etc. They came with
names like Ultronic Scooter, Warp Racer, Time Traveler, Photon
Sled, Hydro Copter, Space Glider, Sharkos, King Atlas, and Red
By 1980, it was over, but the
rights to Micronauts were purchased by Palisades Toys in the
early 2000's, and a re-released was soon put to store shelves.
Last we heard, the Micronauts were not dead, and Hasbro had
plans to re-launch the brand at some point.