News Articles for Mark Pivac

FBR launches new unit for steelmaking industry

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Shares in robotic technology company FBR rose by 25 per cent early on Thursday morning, following news it had launched a new autonomous refractory lining robot.

FBR inks inaugural Mantis sale, with conditions

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High Wycombe-based robotics producer FBR has inked a conditional purchase order for its Mantis automated welding robot with a Louisiana machinery dealership.

FBR rattles the tin for welding robot

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Robotics firm FBR has tee'd up another financing to jumpstart its new Mantis welding robot and shipbuilding automation work.

FBR adds new robot to offerings

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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.

FBR begins new phase with SHI

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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 signs MOU with NT builder

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Robotic technology company FBR has looked to the Northern Territory in its bid to advance sales of its Hadrian X building and construction units.

FBR teams up with Samsung Heavy Industries

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High Wycombe-based FBR has filed documents to secure an engineering service agreement with Samsung Heavy Industries.

FBR cuts costs, secures funds for restructure

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The robotic tech company raised $6.3 million amid efforts to cut operational costs by 70 per cent.

FBR shareholders endorse EGM resolutions

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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.

Appointments April 25, 2025

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Our weekly appointments wrap includes Lanie Chopping, Rebecca Brown, Peter Woronzow, Richard Sellers, Prudence Griffin, Jessie Liu-Ernsting, Shannon Robinson, Rhys Waldon, Mark Pivac, Brett Smith, Michael Skead, Jackson Allen and Jackie Donald.

FBR appoints Robinson as chair

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Robotic technology company FBR has announced the appointment of Shannon Robinson as chair.

Board moves April 14, 2025

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Today's board moves wrap includes Adrien Wing, Maddison Cramer, Marie Forsyth, Ryan Sebbes, An Chee Sin, Jason Ward, Greg Hoskins, Erlyn Dawson, Glenn Cooper, Lanlan Wang, Huoxin Wang, Jessamyn Lyons, Alex Morrison, Tim Zuo Leanne Heywood, Mark Pivac, Winton Willesee and Timothy Barker.

Mike Pivac to retire as FBR boss

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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.

FBR to cut costs, taps investors for $6.3m

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Mike Pivac-led FBR has announced plans to reduce its annual costs by around 70 per cent, in order meet its present requirements.

Significant milestone for FBR

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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.

US program a key test for FBR

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FBR has spent $200 million over 20 years developing robotic technology that could revolutionise the building industry.

Jarden underwrites FBR deal

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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.

FBR slashes spending, activities

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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.

Hub helps get good ideas to market

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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.

Tana named EY Champion

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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.

FBR shares up 20% on Brickworks JV

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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.

Fastbrick to build second prototype

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

Bricklaying robot to build 11 Perth homes

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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.