FBR enters agreement with world’s largest producer of bricks

Fastbrick Robotics ASX FBR Wienerberger Group bricks
FBR has signed a global partnership agreement with Wienerberger AG, the world’s largest clay block manufacturer.

Australian robotics technology company Fastbrick Robotics (ASX: FBR) has announced a partnership agreement with the Wienerberger Group, one of Europe’s leading materials producers and the world’s largest producer of bricks.

This agreement is set to disrupt the construction industry which is currently facing major headwinds including a shortage of skilled workers and high demand for affordable housing.

To overcome these challenges, FBR has designed, developed and produced a dynamically stabilised robot for the construction industry.

Hadrian X technology

The company’s latest iteration is the Hadrian X, an astounding feat of engineering and a turning point in global construction capabilities and practices.

Hadrian X is a unique construction robot mounted into a classic cab over truck that features the company’s innovative Dynamic Stabilisation Technology.

This allows the Hadrian X to measure movements caused by wind, vibration and inertia and counteracts them in real-time using advanced algorithms to provide unprecedented precision.

The unique control system uses computer-aided design to create a 3D model of the building, which is then used to calculate the materials list and tell Hadrian X what to build, all with precision.

The assembly of the first Hadrian X was completed earlier in 2018, with the device currently in the testing and commissioning phase.

CEO of FBR Mike Pivac said that with the Hadrian X, FBR has a forward-looking technology that has the potential to revolutionise residential construction worldwide.

“We are therefore very happy to have found the best partner in Wienerberger, the world’s largest brick manufacturer, to develop bricks for our construction robot and to further scale our technology”, he added.

The aim of the partnership with Wienerberger is to develop, manufacture and test bricks for the Hadrian X. These bricks will subsequently be tested in a pilot project in Europe and will be launched on Wienerberger markets together with Hadrian X upon successful completion.

Building the team

The partnership agreement follows a recent announcement from FBR in appointing Peter Scott to its Advisory Committee.

Mr Scott was the Group General Manager of Operations for Brickworks Building products, one of Australia’s biggest providers of building products.

With over 40 years of experience in the construction and technology industries, his knowledge of commercialising new technologies will be a key asset for the company.

Over the past few months, FBR has also been strengthening its management and board with key appointments including a new non-executive Chairman in Mr Richard Grellman and a new Chief Innovation Officer in Mr Steve Pierz.

Now with the partnership agreement with Wienerberger, FBR has taken another step in pioneering robotics technology that can create a living space faster and more cost-effectively than has ever been done before.

Filip has written in both Australia and abroad during his career, covering everything from the global economy, politics and geopolitical issues to commodities and small cap stocks on the ASX.