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An update from FBR Limited ( (AU:FBR) ) is now available.
FBR Limited has announced a significant financial boost with a A$20 million share subscription facility from New York-based GEM, alongside appointing Peak Asset Management as a corporate advisor. The company plans to reduce its annual burn rate from approximately A$35 million to A$10 million in FY26, ensuring a robust funding runway for upcoming transformative projects. Key upcoming initiatives include the commissioning and sale of the H04 unit to Habitat NT, collaboration with Samsung Heavy Industries, and the rollout of DST-enabled products across various sectors, positioning FBR as a leader in robotic automation.
More about FBR Limited
FBR Limited operates in the robotic automation industry, focusing on the development and deployment of advanced robotic systems. The company is known for its innovative construction technology and products, aiming to transform the construction sector through automation.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$34.14M
Learn more about FBR stock on TipRanks’ Stock Analysis page.