Quarterly Activities/Appendix 4C Cash Flow Report

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Stock FBR Ltd (FBR.ASX)
Release Time 30 Apr 2026, 5:57 p.m.
Price Sensitive Yes
 FBR Secures First Mantis® Welding Robot Sale and Expands Operations
Key Points
  • Secured binding sale of first Mantis® welding robot to US customer
  • Executed binding WaaS® offtake agreement for first project in Victoria, Australia
  • Launched Firehawk™ autonomous refractory lining robot with preorders open
Full Summary

FBR Limited (ASX: FBR) provided a quarterly update, highlighting several significant achievements. The company secured a binding purchase order for the first commercial Mantis™ unit, marking the first international sale of the platform. This sale validates the global demand for FBR's Dynamic Stabilisation Technology® (DST®) in heavy industrial applications, addressing labor shortages in metal fabrication and shipbuilding. FBR also executed a binding 'Wall as a Service®' (WaaS®) offtake agreement for its first project deployment in Victoria, Australia, demonstrating the portability and scalability of the 'Virtual Factory' model to new state markets. Additionally, FBR officially launched the Firehawk™, an autonomous robotic solution for the precision re-lining of refractory ladles in steel mills, and opened the preorder book for Firehawk™ units. The company also strengthened its corporate governance and industry oversight with the appointment of Mr. Lindsay Partridge AM as a Non-Executive Director. FBR's CEO, Mark Pivac, expressed confidence in the company's progress and upcoming developments, including commercial discussions with partners such as Liebherr.

Outlook

FBR is engaged in commercial discussions in the United States and intends to deploy US-spec Hadrian units to the US as required. The company will provide further updates on new developments, including ongoing commercial discussions with partners, in the coming weeks.