FBR Limited completes first home in US Demonstration Program

Robotic technology company FBR Limited (ASX: FBR; OTCQB: FBRKF) has successfully completed the walls of the first home in its US Demonstration Program with CRH Ventures. This marks a significant milestone as the first build ever completed by the Hadrian X in an international market. The completion of the Demonstration Program will mark the commencement of a 45-day period for CRH Ventures to exercise the option to form a joint venture for the delivery of Wall as a Service in the United States.

Executive Commentary on Completion of First Home in US Demonstration Program

We're very proud to have completed our first residential structure in an international market. Having the opportunity to present our world-leading technology to one of the largest addressable markets in the world has been very exciting so far and we are looking forward to continuing to grow our operations in the United States.

Summary of FBR's Completion of First Home in US Demonstration Program

FBR Limited (ASX:FBR) has achieved a significant milestone by completing the walls of the first home in its US Demonstration Program with CRH Ventures. This marks the first build ever completed by the Hadrian X in an international market. The completion of the Demonstration Program will potentially lead to the formation of a joint venture for the delivery of Wall as a Service in the United States. FBR's successful expansion into the US market demonstrates its commitment to growth and innovation in the global construction industry.