NASA (National Aeronautics and Space Administration) often names things using acronyms.
The result: Combined Operational Load Bearing External Resistance Treadmill (COLBERT)
Sophisticated treadmills are an important part of living in space for extended periods of time. These help the astronauts stay fit and keep their muscles and bones from losing strength. According to NASA Spokesman, Mike Curie, the COLBERT treadmill is a new version that will be operational in August.