Robot builds home structure in less than three days

Robot builds home structure in less than three days

Shares in Fastbrick Robotics (ASX: FBR) have risen 15 per cent this morning after the Perth-based group came out of a trading halt to announce the "most significant technical milestone to date" for its Hadrian X automated construction programme.

The company announced it had successfully demonstrated its home building robotic technology by building a 180sqm, three-bedroom, two-bathroom home structure in less than three days.

The achievement followed the successful completion of factory acceptance testing for the Hadrian X construction robot.

The structure was verified as meeting the relevant building standards by a civil and structural enginerring consultancy.

Fastbrick Robotics CEO Mike Pivac says the team is "justifiably proud and excited" to achieve a world-first for FBR.

"We now have the world's only fully automated, end-to-end bricklaying solution, with a massive market waiting for it," Pivac says.

"We will now take everything we have learned to date in the Hadrian X programme and make some refinements ahead of bringing both Hadrian X robots back to our High Wycombe facility for demonstration to key commercial stakeholders.

"We now begin the next exciting phase for the Company, as we execute our global commercialisation strategy to capitalise on the significant demand for our technology."

Never miss a news update, subscribe here. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Business News Australia

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Accolade Wines owner buys French giant Pernod Ricard’s global wine assets

Accolade Wines owner buys French giant Pernod Ricard’s global wine assets

Australian Wine Holdco, a consortium that owns the country’s ...

Former IPO hopeful Limepay acquired by Spenda at a fraction of the $43.5m invested

Former IPO hopeful Limepay acquired by Spenda at a fraction of the $43.5m invested

White-label buy-now pay-later (BNPL) company Limepay may have ...

Brisbane-based IT consultancy Exent acquired by Atturra for up to $8m

Brisbane-based IT consultancy Exent acquired by Atturra for up to $8m

Founder-led IT consultancy Exent is set to join the growing portfol...

Mayfield Childcare plucks Montessori education provider Precious Cargo from administration

Mayfield Childcare plucks Montessori education provider Precious Cargo from administration

An Adelaide-based Montessori early education provider that was plac...