FBR, the WA company behind the brick laying robot HadrianX, has unveiled its latest offering – a robot which can weld up to eight times faster than a human.
High Wycombe-based FBR has received its first payment of $US150,000 from Samsung Heavy Industries in relation to phase one of its shipbuilding automation project.
FBR shareholders have overwhelmingly endorsed all three resolutions at the company's extraordinary general meeting on Tuesday, following a late push to have it deferred.
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High Wycombe-based FBR has made a series of cost-cutting changes to its board, including the retirement of chief executive and managing director Mike Pivac.
Perth-based construction tech company FBR is mulling a pivot into the shipbuilding industry, after a successful demonstration of its technology to Samsung Heavy Industries.
Shares in High Wycombe-based FBR were sold off on Monday, following an update regarding its proposed joint venture with US-based building materials firm CRH Ventures.
Earlier this month while in conversation with Business News, FBR chief executive Mike Pivac said the company’s Hadrian X construction robot was nearing an impressive achievement.
FBR managing director Mike Pivac says he expects an extraordinary period of growth for the company as it transitions from research and development to manufacturing homes.
FBR says it's looking forward to resuming its US demonstration program in Florida over coming days, as the American state begins to recover from Hurricane Milton.
Shares in robot technology company FBR rose by 8 per cent early on Tuesday, following news its Hadrian X had successfully begun its US demonstration program in Florida.
High Wycombe-based FBR has announced a $12.5 million capital raise to provide additional working capital for its anticipated US joint venture with CRH Ventures.
Shares in High Wycombe-based FBR were up more than 30 per cent to a high of 4.4 cents on Monday following news its building and construction robot had arrived in the US.
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FBR has announced it will team up with German manufacturing company Liebherr, as plans to deploy its building and construction robot units, dubbed Hadrian X, to the US continue.
Robot technology company FBR Limited has announced its bricklaying and construction robot, Hadrian X, successfully passed Perth-based factory acceptance test requirements.
Robotic company FBR told the market on Monday it had successfully completed its $12.6 million capital raise, which will be used to further its plans to enter the US construction market.
Aspiring robot technology company FBR is planning a capital raising, following a deal with CRH Ventures Americas, a subsidiary of CRH PLC, a major US concrete block manufacturer.
Robotic technology company FBR has penned a $9.14 million shareholder deal to fund the manufacture and distribution of bricklaying robots to the US market.
Robotic technology company FBR has announced a $20 million capital raising that marks the first major ECM deal for investment bank Jarden in Western Australia.
Robotic bricklaying company FBR is set to bank $11 million after offering up discounted shares at 4.5 cents to institutional investors and collecting a research and development refund.
A memorandum of understanding between FBR and the Kingdom of Saudi Arabia's ministry of housing has been curtailed after the parties failed to pin down a binding agreement due to COVID-19 uncertainties.
WA robotic bricklaying company FBR has signed a deal with Mexican construction group GP Vivienda to build up to 5,000 homes in the North American country.
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