FBR (ASX: FBR) has completed its demonstration program in Florida, demonstrating the capabilities of its Hadrian X robotic technology.
The program, carried out in collaboration with CRH Ventures, consisted of creating the exterior walls of nine homes using concrete masonry blocks supplied by CRH subsidiaries. One of the houses was completed in a single day with just three people on site.
Independent engineers confirmed that the nine structures met applicable construction standards.
The robot
Hadrian X is a truck-mounted robotic arm designed for large-scale construction. The robot operates autonomously based on pre-programmed architectural designs.
Hadrian This allows the arm to automatically adapt to environmental factors such as wind and vibration, ensuring consistent performance.
Businesses
FBR (which originally stood for “Fastbrick Robotics”) was listed in 2016. The first Hadrian prototype was created in 2005.
CRH Ventures is the venture capital arm of CRH Plc, one of the world’s largest construction materials companies, operating in more than 30 countries.
Next steps
Upon completion of the program, FBR received a payment of US$400,000 from CRH Ventures. The two companies also agreed to a 45-day deadline, starting January 2, 2025, for CRH Ventures to exercise its option to create an exclusive joint venture for FBR’s “Wall as a Service” offering in the United States. United.
If the joint venture comes to fruition, it will include an initial purchase order for 20 Hadrian delivery of units. Additional purchase orders for up to 300 units may follow once performance milestones are achieved.
FBR shares jumped 12.5% to 3.6 cents on the news.
