Company Name: FBR
Announcement Date: 21/04/2017
Announcement Category: Other
Announcement Content:
Australian robotics technology company Fastbrick Robotics Limited (ASX:FBR) is delighted to unveil a new fit-for-purpose facility to facilitate the construction of its commercial bricklaying machine, the Hadrian X, and increase its focus on research and development.
Located in High Wycombe, Fastbrick's new premises represent a significant milestone in the company's journey to accommodate future expansion. The new facility has been tailored to meet all of Fastbrick's requirements, and includes a two-story office area connected to a large workshop area with a 10-tonne overhead crane.
Internally, the workshop sits across 1,400 square metres and will accommodate up to five assembly bays for manufacturing, compared to just one at the prior facility in Walliston.
The purpose-built workshop gives Fastbrick larger space and more capacity to ramp up its operations, resulting in anticipated productivity and efficiency improvements across assembly and construction capabilities, research and development, and intellectual property (IP) for different applications. The new facility will also enhance Fastbrick's strong commitment to IP security.
Fastbrick Robotics' CEO, Mike Pivac, said: "Fastbrick was always going to scale-up to a larger facility and now is the right time as we accelerate the manufacture of our first commercial Hadrian X prototype. our new facility has been made to fit our exact purpose, allowing us to have a sophisticated manufacturing capability and house a larger and expanding team.
The well-located facility gives us access to industrial parts around Perth with significant ease and will enable Fastbrick to present its new facility as a world-class tech centre while hosting guests from around the world in a stimulating environment. Fastbrick is expanding into the future and this facility will accommodate our growth."
The new facility is located at 122 Sultana Road West, High Wycombe, Western Australia 6057.
Announcement URL: http://www.asx.com.au/asxpdf/20170418/pdf/43hkjljxpmpbjb.pdf
About FBR:
Fastbrick Robotics Limited (ASX:FBR) is an Australian robotic technology company developing and commercialising digital construction technology solutions. Fastbrick Robotics’ revolutionary bricklaying machine Hadrian X represents the first application of the Company’s underlying intellectual property portfolio. Hadrian X is a globally patented 3D robotic bricklaying system and marks the transition to dynamically stabilised robots (DSR) operating outdoors in uncontrolled environments.
Fastbrick is currently advancing its robotics technology through a Memorandum of Understanding (MOU) with Caterpillar Inc. (NYSE:CAT) demonstrating global scalability and a MOU with the Kingdom of Saudi Arabia highlighting customer demand for Fastbrick's technology. Fastbrick is committed to improving the safety, speed, accuracy, cost and waste management in the global construction industry through utilising the world’s latest innovations in mobile robotic technology.
Go to Company Profile for: FBR
Announcement Contact: [email protected]
