Hadrian X built house post Hurricane Milton
FBR Limited
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Robotic construction tech developer FBR Limited (ASX:FBR) has announced Hurricane Milton did not damage the house its automated ‘Hadrian X’ robot has been building in Fort Myers.

Locating its first demonstration build(s) in Florida, FBR reported on Tuesday that all staff are safe and its Hadrian X house building robot (which is, in a sentence, one long robotic arm attached to the back of a truck) is also undamaged.

But perhaps of more interest to the market – not that markets are uninterested in safety – is that the house Hadrian X built survived Hurricane Milton.

To be fair, it’s basically still just a skeleton – but that could be even more impressive given it’s an overall lighter structure, lack of a roof be damned.

“FBR … confirms that the houses it has built in the Demonstration Program to date were unaffected by Hurricane Milton,” the company wrote on Tuesday.

While Fort Myers is 128km away from where it made landfall – the city of Tampa was smack bang in the direct path of Milton – FBR did point to property damage in the Fort Myers area on Tuesday. So, the storm definitely lashed that area, meaning the Hadrian X built homes got hit.

“There is still significant repair and clean up underway in the area,” FBR CEO Mike Pivac said.

“[But] we are looking forward to continuing with our Demonstration Program in the coming days.

“Our thoughts are with those who have been affected by Hurricane Milton and Hurricane Helene over the past few weeks.”

FBR last traded at 4.3cps.

Join the discussion: See what HotCopper users are saying about FBR Limited and be part of the conversations that move the markets.

fbr by the numbers
More From The Market Online
ASX Earnings concept

Week 8 CY26, Wrapped: Unusually quiet Trump amplifies ASX earnings, but Iran fears growing

It’s been an interesting two weeks, largely because we haven’t heard too much from Donald Trump lately.
The Market Online Video

Prospect Resources on ‘the copper capital of Africa’ and the tier-one mining potential in Zambia

Prospect Resources joins HotCopper to talk about why it's been looking into the underlying geology at…
The Market Online Video

Australian Gold and Copper: Maiden resource complete, growth story continues

HotCopper talks to AGC MD Glen Diemar as precious and critical metals explorer Australian Gold and…
The Market Online Video

HotCopper Highlights, Week 8: Zip unfastened; Coles in trouble, BHP’s India pivot & more

Good Afternoon and welcome to the latest edition of HotCopper Highlights where we go through the stocks and announcements you were watching this week on