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FBR Limited ( (AU:FBR) ) has issued an update.
FBR Limited has received its first payment from Samsung Heavy Industries for Phase 1 of a shipbuilding automation project, which involves developing and demonstrating a core technology module for shipbuilding robots. The company is also commissioning its latest Hadrian robot and expects another unit to be available by mid-2026, with ongoing discussions for future pre-orders. Additionally, FBR is advancing new DST-powered products and has restructured its key management personnel, with a new outsourced finance function replacing the departing CFO.
More about FBR Limited
FBR Limited is a robotic technology company that designs, develops, and builds dynamically stabilized robots to meet global needs in a safer, more efficient, and sustainable manner. The company’s core technology, Dynamic Stabilisation Technology (DST), is used in applications such as the Hadrian, a bricklaying robot that constructs structural walls faster, safer, and with less waste than traditional methods.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$34.14M
See more data about FBR stock on TipRanks’ Stock Analysis page.