Robotics Clash: FBR’s Unsteady Journey in the Heart of Innovation
FBR Ltd shares plummeted nearly 50% after a joint venture with CRH Ventures in the U.S. was not finalized. FBR’s Hadrian X robot, capable of building house walls rapidly, was central to plans for a billion-dollar partnership. Despite the setback, FBR is exploring new global partnerships, engaging with Australian and U.S. governments. FBR has successfully constructed ten structures in the U.S., indicating potential growth opportunities. The future remains uncertain, but FBR’s robot technology continues to show promise for innovation in construction. The story highlights the challenges and resilience required in the path to innovation and market disruption. Amidst the bustlingThe post Robotics Clash: FBR’s Unsteady Journey in the Heart of Innovation appeared first on Zaman.
