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- Robotic technology company FBR (FBR) enters its first Wall as a Service contract to a third party residential property developer
- The contract will use the Hadrian X construction robot, the world’s first mobile robotic bricklaying machine
- FRB will construct the slab, footings, structural walls, second storey slab and roof trusses for eight two-storey townhouse in St James, Western Australia
- Work on the $5 million project will commence soon after all necessary approvals have been granted
- On the market, FBR is up 8.57 per cent and is trading at 3.8 cents per share at 12:12 pm AEDT
FBR (FBR) has entered into its first Wall as a Service contract to a third party residential property developer.
The contract will use the Hadrian X construction robot, the world’s first mobile robotic bricklaying machine.
The technology is capable of building the walls of a house in one day.
Under the contract, FBR will construct the slab, footings, structural walls, second storey slab and roof trusses for eight two-storey townhouse in St James, Western Australia.
Work on the $5 million project will commence soon after all necessary approvals have been granted.
Managing Director and CEO Mike Pivac commented on the contract.
“We are pleased to be adding this large project to our pipeline of work, having spent the past 12 months introducing the Hadrian X into the real-world building environment to validate our game-changing technology with some prominent Western Australian builders,” Mr Pivac said.
“Now that we have demonstrated all the benefits the Hadrian X provides, we are now going to ramp up the utilisation of our technology, while continuing the development work at our research and development facility.”
On the market, FBR was up 8.57 per cent and is trading at 3.8 cents per share at 12:12 pm AEDT
