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The latest update is out from FBR Limited ( (AU:FBR) ).
FBR Limited has successfully completed the construction of a demonstration home using its Hadrian X® bricklaying robot for DiVosta Homes, a subsidiary of PulteGroup, in Fort Myers, Florida. This initiative showcases FBR’s commitment to addressing labor shortages and construction efficiency in the U.S. market, highlighting the potential for robotic technology to transform the homebuilding industry. PulteGroup is keen on leveraging such innovations to enhance construction quality and sustainability, indicating a positive impact on the industry and potential growth opportunities for FBR.
More about FBR Limited
FBR Limited is a robotic technology company that designs, develops, and builds dynamically stabilized robots to address global construction needs. Their flagship product, the Hadrian X®, is a bricklaying robot that offers Wall as a Service®, constructing structural walls faster, safer, and with less waste compared to traditional methods.
YTD Price Performance: -20.0%
Average Trading Volume: 339,570
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $60.88M
For detailed information about FBR stock, go to TipRanks’ Stock Analysis page.
