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The latest announcement is out from FBR Limited ( (AU:FBR) ).
FBR Limited has announced the launch of Mantis™, a new robotic welding product enabled by their proprietary Dynamic Stabilisation Technology®. Mantis™ is designed for high-deposition rate welding in industries like mining, shipbuilding, and defense. This product expands FBR’s robotic offerings alongside their Hadrian X® bricklaying robot. The Mantis™ robot is intended to address gaps in the welding robot market, particularly in Western Australia, by providing an off-the-shelf solution for welding large parts. The introduction of Mantis™ is part of FBR’s strategy to leverage its extensive IP portfolio to create innovative robotic solutions, offering significant benefits to heavy fabrication sectors facing challenges such as low productivity and labor constraints. The commercial model for Mantis™ includes direct machine sales and partnerships for marketing and sales, with construction of the first unit scheduled to commence in FY2026.
More about FBR Limited
FBR Limited is a company that designs, develops, and builds dynamically stabilized robots to address global needs in a safer, more efficient, and more sustainable way. Their robots, which include the Hadrian X® and Mantis™, are designed to work outdoors or at large sizes using the company’s core Dynamic Stabilisation Technology® (DST®). The Hadrian X® is a bricklaying robot that offers Wall as a Service® to builders, while Mantis™ is a welding robot for large-scale metal fabrication industries such as mining, shipbuilding, and defense.
YTD Price Performance: -75.00%
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$28.45M
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