Company Name: FBR
Announcement Date: 16/12/2016
Announcement Category: Awards/recognition
Announcement Content:
Fastbrick Robotics Ltd is pleased to announce that it has been selected as the overall winner of the Mitsubishi Corporation WA Innovator of the Year award.
FBR was nominated for the Emerging Innovation category for its work with the Hadrian 105 technology demonstrator and the Hadrain X commercial prototype design, and is delighted to have taken out the grand prize amongst a competitive field of fantastic innovations.
Fastbrick Robotics CEO, Mike Pivac, said: "FBR is honoured and humbled to receive this award, and on behalf of the team at FBR, we would like to thank the Innovator of the Year organisers and the major sponsors Mitsubishi Corporation. Government and corporate support is integral to the success of companies operating at the forefront of innovation. Research and development provides solutions for the future, and with the support and encouragement of programs like this, new technologies have a great opportunity to reach commercialisation."
The overall winner receives a prize of $75,000, and was selected from WA applicants who developed an outstanding innovative product , technology, process or service that clearly demonstrates an economic, social or environmental benefit to Western Australia.
(Announcement originally made on 3 November 2016).
Announcement URL:
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]
