Highlights

  • FBR's three products, Hadrian, Mantis and Firehawk, are built on its patented Dynamic Stabilisation Technology.
  • The first Mantis welding robot has been sold to the US.
  • Hadrian has completed residential builds in Florida and several projects in Western Australia.
  • FBR recently completed a A$4 million raise and repaid short-term debt.

FBR Limited (ASX:FBR), the Perth-based robotics company, has released a corporate presentation dated October 2026. The presentation sets out how the company is applying its Dynamic Stabilisation Technology across construction and heavy industry to address shortages of skilled trades such as bricklayers and welders.

Dynamic Stabilisation Technology at the Core

FBR's patented Dynamic Stabilisation Technology (DST) measures and corrects boom movement in real time, running its control loop up to 1,000 times per second. This allows large robots with long booms to work with millimetre accuracy outdoors, rather than in controlled factory settings.

The company describes its competitive advantage as the DST patent, proven field deployment, full in-house engineering and manufacturing capability, and a single platform supporting three products.

Hadrian, Mantis and Firehawk

Hadrian is a bricklaying robot with a 32m reach that can lay up to 350 blocks per hour. It has completed 10 residential builds in Florida, including one house in a single shift with a crew of three, along with townhouse developments, homes and commercial projects in Western Australia. FBR noted that it has no committed Hadrian sales at present.

Mantis is a welding robot with an 8m reach, and the first unit has been sold to the US. FBR has signed a non-exclusive US distributor agreement with Industrial Robotics and is targeting major Korean shipyards. Firehawk, a refractory lining robot for steel ladles, remains at concept stage with no sales, and FBR is seeking global partners to advance it to prototype and pilot projects.

Market Opportunity and Corporate Position

FBR estimates about 12 to 15.5 million addressable brick and block housing starts each year, 12,000 to 22,000 target facilities for Mantis and around 960 steel plants for Firehawk. The company stresses that these are estimates only and not forecasts of sales or revenue.

FBR recently completed a A$4 million raise, repaid short-term debt and is beginning to generate cash flow from sales. The company has 191,515,529 shares on issue, and its substantial holders include the Brickworks group and M&G plc.

Key Takeaways

  • FBR is positioning its DST platform to address skilled labour shortages in construction and heavy industry.
  • Mantis has achieved its first sale, while Hadrian and Firehawk are still seeking commercial commitments.
  • Converting market interest into recurring sales will be key for the company.