🤝 FBR has executed an Engineering Service Agreement with Samsung Heavy Industries (SHI) to deliver the first phase of a shipbuilding automation project.
⚙️ Phase 1 involves the development, demonstration, and validation of a core technology module for a shipbuilding construction robot - with completion expected in under five months.
🚢 In parallel, FBR and SHI will explore commercialisation models for the technology in preparation for future phases.
📣 Read the full ASX announcement and watch an exclusive summary video with CEO Mark Pivac by signing up to our InvestorHub platform:
FBR
🤝 FBR has executed an Engineering Service Agreement with Samsung Heavy Industries (SHI) to deliver the first phase of a shipbuilding automation project.
⚙️ Phase 1 involves the development, demonstration, and validation of a core technology module for a shipbuilding construction robot - with completion expected in under five months.
🚢 In parallel, FBR and SHI will explore commercialisation models for the technology in preparation for future phases.
📣 Read the full ASX announcement and watch an exclusive summary video with CEO Mark Pivac by signing up to our InvestorHub platform:
🔗 investors.fbr.com.au/
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4 months ago | [YT] | 30