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FBR Ltd (ASX:FBR)

ALERT: Price-sensitive ASX Announcement for FBR
Current share price for FBR : $0.120 0.116 (2,900%)+
Announcement
Release
3 Mar 2026 9:53AM
Price at Release
$0.004
Full Release
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Summary
FBR Limited has announced a significant move forward with the signing of a binding WaaS® Offtake Agreement with AMOVEO, focused on delivering 5,400 vertical square metres of wall construction within 24 months, estimated to be valued between $400,000 and $450,000. This agreement is part of FBR's strategy to establish a robust domestic pipeline by 2026. Additionally, FBR has entered a non-binding MOU with AMOVEO and ASD Corporation to jointly develop a hybrid robotic-modular construction solution aimed at accelerating home delivery in Australia, addressing the affordable housing crisis. The initiative plans to roll out 200 homes using FBR’s Hadrian® technology combined with AMOVEO’s modular prefab solutions, focusing on social and affordable housing needs.
Key Points
  • FBR Limited secures a binding Wall as a Service® (WaaS®) Offtake Agreement with AMOVEO.
  • Agreement includes a minimum purchase of 5,400 vertical square metres of wall construction over 24 months.
  • The contract value ranges from $400,000 to $450,000 based on single-leaf walls.
  • Agreement supports FBR's 2026 strategic milestone for a multi-unit domestic pipeline.
  • A non-binding MOU signed with AMOVEO and ASD for hybrid robotic-modular construction in Australia.
  • Partnership aims to deliver 200 homes along Australia’s east coast in the next 12 months.
  • Collaboration targets affordable housing, social housing, and NDIS programs.
  • FBR's Hadrian technology integrated with AMOVEO’s modular service cores to reduce build times.
  • FBR’s CEO highlights the agreement as a major leap in addressing Australia's housing crisis.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.