Robotic technology company FBR Limited (ASX: FBR) is pleased to advise that it has signed a Memorandum of Understanding with the United Arab Emirates Ministry of Energy & Infrastructure.
FBR and the Ministry wish to exchange information and collaborate and cooperate in relation to the application of modern building methods, smart support systems and other construction technologies in the housing and construction sectors of the UAE, with a particular focus on the Hadrian X® and what it could deliver to the region. The MoU will see FBR and the Ministry identifying opportunities for the introduction and adoption of FBR’s robotic construction technology, solutions and services to serve the construction sector in the UAE and exploring the potential for local manufacturing.
FBR and the Ministry will complete a feasibility study of the Hadrian X® in the construction sector in the UAE, with a view to the Ministry becoming an early adopter of the Hadrian X®. This feasibility study process is expected to take 12 months. In due course, FBR will establish a Wall as a Service® (‘WaaS®’) operating entity in the UAE to facilitate the introduction of a Hadrian X® to the Gulf region, where interest in FBR’s technology has been strong, particularly during the COVID-19 pandemic.
FBR managing director Mike Pivac commented:
“This MoU reiterates our commitment to the Gulf region by establishing a framework for cooperation with the United Arab Emirates Ministry of Energy & Infrastructure.
“The innovative thinking and appetite for new technology in the UAE presents an ideal environment for the introduction of our robotic technology to a new market, and the work that we’ve been doing to achieve acceptance of the Hadrian X® and the Fastbrick Wall System® in the UAE over the past three years is beginning to yield results.
“With our Gulf representative embedded in the Dubai market since 2018, we have a firm intention to offering our solution to the region’s construction challenges.”