News Articles for FBR

Three innovative companies in WA - ABS Facade, FBR and TENSA Equipment - are making waves in the building and construction space and in some cases breaking global records.

Robotic bricklaying company FBR has slashed its workforce, saving $10 million per year, and postponed the construction of its first display home, which was due to commence in a matter of days.

Perry Mitchell has been appointed non-executive director of AustSino Resources Group.

A group of 11 academics and entrepreneurs have joined to found the Commercialisation Studies Centre, a member-run, resource centre and events hub designed to aid relationships between academics and entrepreneurs in Western Australia.

Our daily board moves wrap includes Grant Anderson, Andrew Bloore, Nicholas Earner, Benjamin Jarvis, Sam Jarvis, Lynne Saint, Mark Ashley, Charles Thomas, Peter Newton, Simon Heggen, Brett Lambert, Patrick O'Connor, Anthony Polglase, David Buckingham, and John Mair.

EY has named Nick Tana as its Champion of Entrepreneurship at the 2019 Entrepreneur of the Year Western Region awards, while Jim Fitzgerald, Iris Smit and Daniel Morrison were among the seven other winners in Western Australia.

Our daily board moves wrap includes Michael Pivac, Aidan Flynn, Simon Amos, Sally-Anne Layman, Mark Le Messurier, Michael Ball, Tanugula Rao, Geoffrey Clifford, Joe Graziano, and Mauro Balzarini.

FBR, formerly known as Fastbrick Robotics, has commenced a 50/50 joint venture with Brickworks, called Fastbrick Australia, to provide a ‘Wall as a Service' offering to the Australian market.

Capricorn Metals advises that the Share Purchase Plan described in the offer booklet dated 6 February 2019 closed on 21 February 2019.

Construction robotics group FBR has signed a deal that lays the foundation to launch a joint venture with building products manufacturer Brickworks, to produce bricks optimised for use with its Hadrian X robot bricklaying system.

The final months of 2018 hit investors in Western Australian stocks hard, with the Business News index of 30 local ASX-listed companies falling 13.3 per cent.

Shares in robotics company FBR fell nearly 15 per cent today to their lowest point since June 2017, adding to a string of losses since it announced the termination of its strategic alliance with Caterpillar and a shift in strategy.

FBR and Caterpillar have terminated their memorandum of understanding for Caterpillar to build and distribute FBR's robot bricklaying machines worldwide.

More than 60 per cent of Mineral Resources shares voted against the company's remuneration report at today's annual meeting.

Shares in robotics company FBR have fallen nearly 13 per cent today, after more than 40 per cent of shares were voted against both the remuneration report and performance rights plan at the Perth-based company's annual meeting.

FBR has announced its Hadrian X autonomous bricklaying robot built a full home structure in less than three days, a key technical milestone that was set by the company in 2015.

Western Australian startups and ‘young' tech companies raised $295 million last financial year, which was 8.3 per cent of the amount raised nationally, a new report has found.

Robotic technology company FBR has signed a partnership agreement with Wienerberger AG, the third major international building materials group to have struck a deal with the Perth startup to commercialise its Hadrian X autonomous bricklaying robot.

The tech sector in WA is slowly maturing and the focus on startups is laying the groundwork for future growth.

SPECIAL REPORT: Battery metals businesses such as Pilbara Minerals, Altura Mining, and Western Areas have joined AusCann Holdings, Buru Energy and OM Holdings among the best-performing stocks in the year to June.

Local tech company Fastbrick Robotics has rebranded as FBR, with the company aiming to broaden the use of its technology beyond bricklaying and construction.

Perth-based Fastbrick Robotics says it is on track to have its commercial prototype Hadrian X bricklaying robot fully assembled by the end of the quarter, with the company expanding its workforce to 140 people to meet its development schedule.

Western Australian startups and young technology companies attracted about $109 million in funding in the December quarter, according to the latest report from tech sector analysts Techboard.

The strong performance of the Business News index of 30 local companies designed to track the state's economy implies good years ahead for WA.

Fastbrick Robotics has raised $35 million through a share placement as the Perth-based technology company continues to develop its commercial prototype Hadrian X bricklaying robots.

Fastbrick Robotics has announced it will build a second of its commercial prototype Hadrian X bricklaying robots in an effort to improve testing procedures.

Robot bricklaying machines could be built and distributed worldwide by Caterpillar in the near future, after Fastbrick Robotics signed a collaboration agreement with the global machinery manufacturer.

Norwood Systems, Fastbrick Robotics and Balconi Telecommunications were among the winners at this year's WAITTA INCITE awards for the ICT sector.

Fastbrick Robotics was Techboard's highest ranking company for December, after the recently ASX-listed robotic bricklayer won the Mitsubishi Corporation WA Innovator of the Year award, and also completed an $8 million capital raising from Hunter Hall Investment Management.

Fastbrick Robotics has locked in a new cornerstone investor through an $8 million capital raising, as it progresses its robotic bricklaying technology.

Fastbrick Robotics has topped Techboard's startup and tech company ranking this fortnight, following its win at the 2016 WA Innovator of the Year awards.

A co-funding program with angel investors and a commercialisation fund for Western Australia's universities are the ‘big ticket' items in the state government's $20 million innovation strategy, released last night.

Carnegie Wave Energy has taken first place in Techboard's top trending startup rank this fortnight, after announcing a $2.5 million grant for a wave and solar power microgrid on Garden Island.

Fastbrick Robotics will put its prototype truck-mounted bricklaying robot into the field to build 11 residential houses under a collaboration agreement with Perth-based builder Archistruct Builders & Designers.

Half of the top twelve trending companies in Techboard's ranking this fortnight are health-techs, with Perth continuing to assert its credentials in the space.

Listed Perth company Fastbrick Robotics is moving a step towards disruption in the construction industry, with the company building a commercial prototype of its truck-mounted bricklaying robot.

SPECIAL REPORT: Funding for WA's tech sector is much healthier than a recent government-backed report concluded, research by Business News has found.

Perth-based Fastbrick Robotics has wrapped up its first day of trading on the ASX after completing a $5.75 million capital raising.

Norwood Systems and ResApp Health are small tech companies with global potential and, judging by their share price gains this month, investors have latched on to the latter.

A Perth-based company has created an innovative approach to address the rising costs of housing construction with its invention of a robot capable of doing the work of a bricklayer.