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FBR (ASX:FBR) - CEO & Managing Director, Mike Pivac
CEO & Managing Director, Mike Pivac
Source: FBR
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  • Robotic technology company FBR (FBR) signs a memorandum of understanding (MOU) with the United Arab Emirates (UAE) Ministry of Energy & Infrastructure
  • Under the MOU, FBR and the Ministry will work together to introduce and adopt FBR’s robotic construction technology, Hadrian X, in the UAE
  • In due course, FBR will set up a wall as a service entity in the UAE to begin the introduction of Hadrian X in the Gulf Cooperation Council (GCC) sector
  • Hadrian X is a construction robot that speeds up the bricklaying process by measuring the movement caused by wind and vibration, then counteracts it
  • FBR is up 10.4 per cent on the market with shares trading at 5.3 cents

Robotic technology company FBR (FBR) has signed a memorandum of understanding (MOU) with the United Arab Emirates (UAE) Ministry of Energy & Infrastructure.

Under the MOU, FBR and the Ministry will work together to introduce and adopt FBR’s robotic construction technology in the UAE.

Both parties also intend to collaborate on demonstrating the use and effectiveness of Hadrian X and other robotic technologies to stakeholders in the UAE.

Further, a feasibility study will be undertaken of Hadrian X in the UAE construction sector with aims of the Ministry adopting it for use.

This feasibility study is expected to take 12 months.

In due course, FBR will set up a wall as a service entity in the UAE to begin the introduction of Hadrian X in the Gulf Cooperation Council (GCC) sector.

FBR will establish this operational company at an opportune moment to fulfil the region’s need for robotically produced walls, which is expected to be within the next 24 to 36 months.

Hadrian X is a construction robot that speeds up the bricklaying process.

It uses FBR’s stabilisation technology to measure movement caused by wind, vibration and inactivity and then counteracts it in real-time by using advanced algorithms to provide precision.

The control system uses computer-aided designs to create a 3D model of the building, essentially telling Hadrian X what to build and which materials it will need.

CEO and Managing Director Mike Pivac commented on the MOU.

“This MOU reiterates our commitment to the GCC region by establishing a framework for cooperation with the United Arab Emirates Ministry of Energy & Infrastructure,” Mr Pivac said.

“The innovative thinking and appetite for new technology in the UAE presents an ideal environment for the introduction of our robotic technology to a new market, and the work that we’ve been doing to achieve acceptance of the Hadrian X and the Fastbrick Wall System in the UAE over the past three years is beginning to yield results.”

FBR was up 10.4 per cent on the market, with shares trading at 5.3 cents at 11:25 am AEDT.

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