Robotic technology company FBR Limited (ASX: FBR) has completed the walls of the first home in its US Demonstration Programme with CRH Ventures, with the walls certified as compliant with the design and building code.
This marks a significant milestone in the commercialisation of FBR’s technology, being the first build ever completed by the Hadrian X in an international market.
The build was completed with Florida builder New Century USA, one of the participating builders in the US Demonstration Program which will include builders across a spectrum of size, volume and style of homes to demonstrate the versatility and adaptability of the Hadrian X. FBR will build the walls of four more homes for New Century USA in the Demonstration Programme.
Two of the homes in the Demonstration Program will be built for Christopher Alan Homes, another Florida- based builder. Christopher Alan Homes topped a regional list compiled by LSI Companies Inc. as the largest local and private homebuilder in Southwest Florida based on single-family residential permits in 2023, demonstrating its continued growth and reinforcing its standing as a leading homebuilder in the region.
“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,” FBR Managing Director and CEO, Mike Pivac, said.
The Demonstration Programme will be deemed complete when FBR completes construction of the walls of the seven homes for New Century USA and Christopher Alan Homes, plus up to three more homes added to the program by another builder to be nominated by CRH Ventures, with the walls of all structures to be certified by an independent structural engineer. Upon completion of the Demonstration Programme, FBR will receive a payment of US$400,000 from CRH Ventures under the terms of the Demonstration Program agreement.
The completion of the Demonstration Programme 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.
