• Began assembly and commissioning of first Mantis welding robot, pre-sold to State Machinery & Equipment Sales
• Appointed Industrial Robotics LLC as non-exclusive distributor for Mantis in the United States and Canada
• Hadrian unit H04 completed road registration and saw module for deployment in WA
• Secured $300,000 loan from Director Lindsay Partridge and $400,000 loan from Niv Dagan
• Raised $450,000 through convertible note facility with SBC Global Investment Fund

FBR Limited (ASX:FBR) has provided a quarterly update for the period ended 30 June 2026. The company began assembling and commissioning its first Mantis welding robot, which has been pre-sold to State Machinery & Equipment Sales in Louisiana, with delivery expected in the second half of 2026. FBR has also appointed Industrial Robotics LLC, established by the founder of State Machinery, as the non-exclusive distributor of Mantis in the United States and Canada. The Hadrian unit that was temporarily deployed to the United States will return to Fremantle for recommissioning. Hadrian unit H04 has completed road registration and its saw module is ready for deployment in Western Australia. FBR announced a General Meeting to complete a consolidation of capital and ratify prior issues of securities, which was subsequently held and passed. The company secured a $300,000 loan from Director Lindsay Partridge and a $400,000 loan from Niv Dagan. FBR also raised $450,000 through a convertible note facility with SBC Global Investment Fund. The company paid suppliers and employees, with related party transactions totaling $108,000 for salaries and fees to the Board of Directors.