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FBR Ltd (ASX:FBR)

ALERT: Price-sensitive ASX Announcement for FBR
Current share price for FBR : $0.087 -0.033 (-27.50%)+
Announcement
Release
31 Jul 2026 6:59PM
Price at Release
$0.120
Full Release
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Summary
FBR Limited, an Australian company specializing in dynamic stabilization technology and robotics, reported progress in its Mantis welding robot, pre-selling units to the U.S. market and appointing Industrial Robotics LLC as a distributor in North America. The company also continues to develop its Hadrian robotic bricklaying technology for deployment in Australia. Financially, FBR reported a net cash outflow from operating activities of $3,149,000, with cash and cash equivalents at quarter-end totaling $28,000. The company has secured additional financing options, including a $20 million Share Subscription Facility and an R&D tax finance facility.
Key Points
  • FBR Ltd is advancing its Mantis welding robot with pre-sales to the U.S. market.
  • The company has appointed Industrial Robotics LLC as a distributor for Mantis in the U.S. and Canada.
  • FBR's Hadrian robotic bricklaying technology continues development, with units deployed for Wall as a Service in Australia.
  • FBR reported net cash used in operating activities of $3,149,000 for the quarter.
  • Proceeds from borrowings during the quarter totaled $1,817,000.
  • The company reported cash and cash equivalents of $28,000 at quarter-end.
  • FBR has access to a $20 million Share Subscription Facility and an R&D tax finance facility.
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.