Tag: Mike Pivac
FBR launches $12.6M institutional placement to fund US market entry
FBR Limited, developer of construction robot Hadrian X, has announced an institutional placement to raise approximately $12.6 million following the execution of agreements on a demonstration program in the United States.
FBR to evaluate Hadrian X robot under US demonstration program
FBR Limited, an ASX-listed robotic technology company, has signed a demonstration program agreement with CRH Ventures America to jointly construct up to 10 houses in the United States with FBR’s Hadrian X construction robot.
FBR’s Hadrian X robot sets new speed record laying construction blocks
Robotic technology developer FBR Limited’s first next-generation Hadrian X robot has achieved a lay speed record of over 300 blocks per hour using USA format cement masonry blocks.
FBR Limited to manufacture Hadrian X robots for US market
Australian robotics technology company FBR Limited has signed an agreement with U.K.-based shareholder M&G Investment Management to purchase 277 million fully paid ordinary shares in FBR for a total of AUD 9.14 million for the production and commercial deployment of three more next-generation Hadrian X robots intended for accelerated use in the USA.
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