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FBR Limited ( (AU:FBR) ) has shared an update.
FBR Limited has successfully completed Factory Acceptance Testing for its newest Hadrian® unit, a bricklaying robot, at its High Wycombe facility in Western Australia. The upgraded Hadrian® demonstrated improved reliability and accuracy, laying over 285 blocks per hour. This development enhances FBR’s ability to fulfill its sales pipeline and strengthens its position in the construction industry by offering faster and more efficient building solutions.
More about FBR Limited
FBR Limited is a robotic technology company that designs, develops, and builds dynamically stabilized robots to address global needs in a safer, more efficient, and sustainable manner. The company’s core technology, Dynamic Stabilisation Technology® (DST®), is applied in products like the Hadrian® bricklaying robot and the Mantis™ welding robot. Hadrian® offers Wall as a Service® to builders and is also available for purchase, while Mantis™ serves large-scale metal fabrication industries.
YTD Price Performance: -75.00%
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$26.21M
See more data about FBR stock on TipRanks’ Stock Analysis page.