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FBR Limited to manufacture Hadrian X robots for US market

Australian robotics technology company FBR Limited has signed an agreement with U.K.-based shareholder M&G Investment Management to purchase 277 million fully paid ordinary shares in FBR for a total of AUD 9.14 million for the production and commercial deployment of three more next-generation Hadrian X robots intended for accelerated use in the USA.
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.