FBR Receives Deposit for Mantis
Released
Released
Announcement PDF
ASX Announcement
FBR Limited
1
FBR Limited (ASX: FBR) | ABN 58 090 000 276
+618 9380 0240 | www.fbr.com.au
88 Sultana Road West, High Wycombe, Western Australia 6057
FBR Receives Deposit for Mantis
Wednesday, 28 October 2026 – Robotic technology company FBR Limited (ASX:FBR) (‘FBR’ or ‘Company’)
advises that it has received the 20% deposit for the first Mantis™ unit from Industrial Robotics LLC.
Upon completion of Factory Acceptance Testing, the purchase order for the first Mantis™ unit became binding
and the deposit of 20% (A$198,000) became payable.
FBR is currently using the Mantis™ unit to conduct demonstrations, including to major Korean and Australian
shipbuilders, heavy industrial fabricators and mining equipment producers, and anticipates despatch of the
unit to Industrial Robotics LLC in the United States in early 2027. The balance of the purchase price less 10%
will be paid to FBR before despatch, with the remaining 10% to be paid three months after installation and
commissioning.
This announcement has been authorised for release to the ASX by the FBR Board of Directors.
Ends
For more information please contact:
For investors:
Kiel Chivers
Chief Operating Officer
T: +61 8 9380 0240
investor@fbr.com.au
About FBR Limited
FBR Limited (ASX: FBR) designs, develops and builds dynamically stabilised robots to address global needs in
a safer, more efficient and more sustainable way. These robots are designed to work outdoors using the
company’s core Dynamic Stabilisation Technology® (DST®).
Applications of DST® include Hadrian®, Mantis™ and Firehawk™. Hadrian® is a bricklaying robot that builds
structural walls faster, safer, more accurately and with less wastage than traditional manual methods.
Hadrian® provides Wall as a Service®, FBR’s unique commercial offering, to builders on demand. Hadrian®
robots are also available for purchase by order. Mantis™ is a high deposition welding robot for the large-scale
metal fabrication industries such as mining, shipbuilding and defence manufacture. Firehawk™ is an
autonomous refractory lining robot that removes human labour from the process of lining ladles used in steel
production with refractory bricks.
To learn more please visit www.fbr.com.au
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