An update from FBR Limited ( (AU:FBR) ) is now available.
FBR Limited has entered into an agreement with Liebherr-Mischtechnik GmbH to assist in establishing a US assembly plant for their Hadrian X® robots, which will expedite production and reduce costs for the US market. This collaboration is a strategic step towards the commercialization of FBR’s Wall as a Service® in the US, enhancing their industry positioning and potentially benefiting stakeholders through increased operational efficiency and market reach.
More about FBR Limited
FBR Limited is a company that designs, develops, and builds dynamically stabilized robots to meet global needs in a safer, more efficient, and sustainable manner. Their primary product, the Hadrian X®, is a bricklaying robot that constructs structural walls more quickly, safely, and accurately than traditional methods, offering Wall as a Service® to builders on demand.
YTD Price Performance: -41.67%
Average Trading Volume: 408,945
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $59.66M
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