FBR signs MOU with the Kingdom of Saudi Arabia

We are pleased to announce we've signed a Memorandum of Understanding with the Kingdom of Saudi Arabia. The agreement is the first step towards a potential project for Saudi Arabia to utilise Hadrian X construction robots to build a minimum of 50,000 new homes by 2022.

This is a perfect example of our unique technology providing a timely solution to Saudi Arabia's housing supply problem, which is a problem shared by many countries around the world.

Read the full ASX announcement