FBR Limited Advances Robotic Construction in U.S.

FBR Limited (AU:FBR) has released an update.

FBR Limited has successfully completed the first five homes of its U.S. Demonstration Program using their Hadrian X® technology in collaboration with CRH Ventures, marking a significant advancement in robotic construction. The company also entered a Master Trade Contractor Agreement with PulteGroup, one of the largest homebuilders in the U.S., showcasing the potential for broader adoption of its innovative technology. FBR’s recent share placement has raised $12.5 million to support its ongoing projects and expansion efforts.

For further insights into AU:FBR stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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