Mike Pivac

Perth-based Fastbrick Robotics says it is on track to have its commercial prototype Hadrian X bricklaying robot fully assembled by the end of the quarter, with the company expanding its workforce to 140 people to meet its development schedule.

Local tech company Fastbrick Robotics has rebranded as FBR, with the company aiming to broaden the use of its technology beyond bricklaying and construction.

Robotic technology company FBR has signed a partnership agreement with Wienerberger AG, the third major international building materials group to have struck a deal with the Perth startup to commercialise its Hadrian X autonomous bricklaying robot.

FBR has announced its Hadrian X autonomous bricklaying robot built a full home structure in less than three days, a key technical milestone that was set by the company in 2015.

Shares in robotics company FBR have fallen nearly 13 per cent today, after more than 40 per cent of shares were voted against both the remuneration report and performance rights plan at the Perth-based company’s annual meeting.

FBR and Caterpillar have terminated their memorandum of understanding for Caterpillar to build and distribute FBR’s robot bricklaying machines worldwide.

Shares in robotics company FBR fell nearly 15 per cent today to their lowest point since June 2017, adding to a string of losses since it announced the termination of its strategic alliance with Caterpillar and a shift in strategy.

Construction robotics group FBR has signed a deal that lays the foundation to launch a joint venture with building products manufacturer Brickworks, to produce bricks optimised for use with its Hadrian X robot bricklaying system.

EY has named Nick Tana as its Champion of Entrepreneurship at the 2019 Entrepreneur of the Year Western Region awards, while Jim Fitzgerald, Iris Smit and Daniel Morrison were among the seven other winners in Western Australia.

Robotic bricklaying company FBR has slashed its workforce, saving $10 million per year, and postponed the construction of its first display home, which was due to commence in a matter of days.

Three innovative companies in WA - ABS Facade, FBR and TENSA Equipment - are making waves in the building and construction space and in some cases breaking global records.

WA company Fastbrick Robotics has entered a contract to supply a $5 million St James townhouse development – its first multi-home deal.

WA robotic bricklaying company FBR has signed a deal with Mexican construction group GP Vivienda to build up to 5,000 homes in the North American country.

Robotic bricklaying company FBR is set to bank $11 million after offering up discounted shares at 4.5 cents to institutional investors and collecting a research and development refund.

Robotic technology company FBR has penned a $9.14 million shareholder deal to fund the manufacture and distribution of bricklaying robots to the US market.

FBR has announced it will team up with German manufacturing company Liebherr, as plans to deploy its building and construction robot units, dubbed Hadrian X, to the US continue.

FBR has announced its bricklaying and construction unit, dubbed Hadrian X, has officially departed Fremantle by sea, bound for the US.

Shares in High Wycombe-based FBR were up more than 30 per cent to a high of 4.4 cents on Monday following news its building and construction robot had arrived in the US.

High Wycombe-based FBR has announced a $12.5 million capital raise to provide additional working capital for its anticipated US joint venture with CRH Ventures.

Shares in High Wycombe-based FBR rose by 14 per cent to 4.2 cents early on Wednesday morning following promising news in the US.

Shares in robot technology company FBR rose by 8 per cent early on Tuesday, following news its Hadrian X had successfully begun its US demonstration program in Florida.

FBR says it's looking forward to resuming its US demonstration program in Florida over coming days, as the American state begins to recover from Hurricane Milton.

FBR managing director Mike Pivac says he expects an extraordinary period of growth for the company as it transitions from research and development to manufacturing homes.

FBR has spent $200 million over 20 years developing robotic technology that could revolutionise the building industry.

Earlier this month while in conversation with Business News, FBR chief executive Mike Pivac said the company’s Hadrian X construction robot was nearing an impressive achievement.

Despite Thanksgiving and the beginning of the holiday season in the US last week, High Wycombe-based FBR has remained on schedule.

Shares in High Wycombe-based FBR were sold off on Monday, following an update regarding its proposed joint venture with US-based building materials firm CRH Ventures.

Perth-based construction tech company FBR is mulling a pivot into the shipbuilding industry, after a successful demonstration of its technology to Samsung Heavy Industries.

Mike Pivac-led FBR has announced plans to reduce its annual costs by around 70 per cent, in order meet its present requirements.