Login | Register
Profile | Log out
logo

  • Home
  • News
  • Opinion
  • Other
    • Market Updates
    • Explainers
    • Satire
  • About
  • Contact Us
    • Contact
    • Get Covered
    • Posting Guidelines
  • Subscribe
Submit An Article

Latest Articles

  • SKS Technologies Moves to Expand NSW Footprint With Delta Elcom Acquisition
    SKS Technologies Moves to Expand NSW Footprint With Delta Elcom Acquisition
    • News

  • Monash University Partners with HITIQ to Advance Concussion Science Using Smart Mouthguards
    Monash University Partners with HITIQ to Advance Concussion Science Using Smart Mouthguards
    • News

  • Harris Technology targets return to profitability amid surging Refurbished Tech sales and Apple expansion
    Harris Technology targets return to profitability amid surging Refurbished Tech sales and Apple expansion
    • News

  • Pivotal Metals Secures $5.4M to Fast-Track Quebec Drill Program
    Pivotal Metals Secures $5.4M to Fast-Track Quebec Drill Program
    • News

  • Biotron Expands into Anaesthetics with Sedarex Acquisition and $2.5m Raise
    Biotron Expands into Anaesthetics with Sedarex Acquisition and $2.5m Raise
    • News

  • DroneShield Boosts Defence Capability with $13 Million Adelaide R&D Investment
    DroneShield Boosts Defence Capability with $13 Million Adelaide R&D Investment
    • News

  • Stakk Secures T-Mobile Contract to Power Super App Expansion
    Stakk Secures T-Mobile Contract to Power Super App Expansion
    • News

  • Medibank Backs Emyria with Landmark Depression Care Deal
    Medibank Backs Emyria with Landmark Depression Care Deal
    • News

  • NoviqTech Launches Quantum Intelligence Products, Opening Path to Enterprise-Grade Quantum AI
    NoviqTech Launches Quantum Intelligence Products, Opening Path to Enterprise-Grade Quantum AI
    • News

  • BRE Wins Final Permit to Advance Rare Earth Pilot Plant in Brazil
    BRE Wins Final Permit to Advance Rare Earth Pilot Plant in Brazil
    • News

FBR’s robot proves its merit by laying 240 blocks per hour, prepares for US deployment

  • In News
  • September 12, 2023
  • Alinda Gupta
FBR’s robot proves its merit by laying 240 blocks per hour, prepares for US deployment

In 2020, robotic tech company FBR’s (ASX: FBR) home building robot Hadrian X built house walls. In 2022, it upgraded to laying up to 500 blocks per hour. Come 2023, it has successfully built an outdoor structure while being operated by a tablet. This (hopefully) marks the final stage in its testing before Hadrian X can be deployed for commercial work. 

FBR announced the Hadrian X robot has achieved a significant milestone by successfully constructing its first approved outdoor structure using large U.S.-format masonry concrete blocks. It accomplished this at an average rate of more than 240 blocks per hour for the entire structure. Impressively, it set a new speed record for laying blocks outdoors, reaching 326 blocks per hour, which is faster than what it achieved in indoor tests. Furthermore, the Company anticipates further improvements in laying speed as it continues testing it outdoors.

The advanced Hadrian X robot is equipped with a shuttle block delivery system that can manage large blocks measuring up to 600mm x 400mm x 300mm and weighing up to 45kg. It also has an extended boom reach, enabling it to construct buildings up to three storeys high from the roadside. FBR foresees that by using the right type of blocks for robotic construction and as the next-generation Hadrian X becomes more advanced, the robot will be capable of finishing the structural walls of a typical single-story house in just one day (as opposed to 2020’s four days).

FBR Managing Director and Chief Executive Officer, Mike Pivac, commented, “We are very happy with how the next-generation Hadrian X® is progressing in terms of accuracy, speed and reliability. Our accuracy with the new functionality built into the next-generation Hadrian X is impressive, and our speed is already very commercially compelling, but we believe we will still improve in that area as the technology matures and we complete some large-scale housing projects. Most pleasingly, we are demonstrating very strong reliability, which is critical to the deployment of the first next-generation Hadrian X® to the United States, where we will commence our first international operations.”

He added, “The Fastbrick Wall System® is already certified by the ICC and the Florida Building Commission under the Florida Building Code, and there is significant demand for our technology in the United States that we wish to capitalise on as soon as possible.”

Due to lack of its commercialisation, the Company has been counting on capital raises to keep Hadrian X in the development stage. This year, on April 24, 2023, FBR advised that it had completed a two-part funding transaction with M & G Investment Management to fund the manufacture and commercial deployment of three additional next-generation Hadrian X robots designed specifically for expedited use in the U.S. Moreover, initially announced in March 2023, the strategic Share Subscription Agreement raised an aggregate sum of $9.14 million.

Standing at a loss of $22.8 million against a revenue of $1.6 million in FY23, it is perhaps time that FBR finally releases the Hadrian X. 

FBR expects to have the robot on its way to the United States before the end of the first quarter of 2024. It wants to complete some more testing in the coming months, and will implement some additional improvements before initiating its international expansion.

  • About
  • Latest Posts
Alinda Gupta
Alinda is a Business Reporter for The Sentiment
Latest posts by Alinda Gupta (see all)
  • Ovanti’s iSentric signs contracts worth $14.4m with Malaysian commercial bank - June 27, 2024
  • Baby Bunting fights back from retail downturn with 5-year strategy, includes Gen-Z focus and self-funded growth - June 27, 2024
  • CLEO meets with US FDA to develop strategy for ovarian cancer test launch - June 26, 2024
  •  
  •  
  •  
  •  
  • asx fbr
  • automation
  • FBR
  • hadrian x
  • mike pivac
  • robotics
  • News

Leave a Comment

You must be logged in to post a comment.

1 Comment

  • September 22, 2024, 5:08 pm

    […] finalizado una estructura con bloques de gran formato a un ritmo de más de 240 piezas por hora. The Sentiment va más allá y detalla que esa sería la velocidad promedio y en realidad llegó a alcanzar un ritmo bastante […]

    Reply
  • About
  • Latest Posts
Alinda Gupta
Alinda is a Business Reporter for The Sentiment
Latest posts by Alinda Gupta (see all)
  • Ovanti’s iSentric signs contracts worth $14.4m with Malaysian commercial bank - June 27, 2024
  • Baby Bunting fights back from retail downturn with 5-year strategy, includes Gen-Z focus and self-funded growth - June 27, 2024
  • CLEO meets with US FDA to develop strategy for ovarian cancer test launch - June 26, 2024

Login or register for free to access unlimited reading

Register Now!
  • About
  • Latest Posts
Alinda Gupta
Alinda is a Business Reporter for The Sentiment
Latest posts by Alinda Gupta (see all)
  • Ovanti’s iSentric signs contracts worth $14.4m with Malaysian commercial bank - June 27, 2024
  • Baby Bunting fights back from retail downturn with 5-year strategy, includes Gen-Z focus and self-funded growth - June 27, 2024
  • CLEO meets with US FDA to develop strategy for ovarian cancer test launch - June 26, 2024
  • News

  • Opinion

  • Satire

  • About

  • Contact Us

  • Subscribe

The content published on this website is solely for general information purposes and is not to be construed as financial advice. Should you seek financial advice you should consult with an appropriately qualified person. Opinions expressed on this site are subject to change without notice and The Sentiment who produced this content is under no obligation to keep the information current. The Sentiment, affiliated companies & associates may have a conflict of interest with companies discussed on the website due to commercial arrangements, for example they may be shareholders in the company, be engaged by them to assist in investor communications or receive commission/brokerage for funds raised.

Copyright © 2020 The Sentiment. All rights reserved.
Subscribe

Enter your email address below to subscribe to The Sentiment’s weekly newsletter, highlighting the top news, research, opinion and satire articles shaping ASX investor sentiment.

The Sentiment respects your privacy and will not spam you. View our privacy policy here.