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 Robot bricklayer that can build a home in two days impresses on ASX debut

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RR Phantom

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Robot bricklayer that can build a home in two days impresses on ASX debut Vide
PostSubject: Robot bricklayer that can build a home in two days impresses on ASX debut    Robot bricklayer that can build a home in two days impresses on ASX debut Icon_minitimeSun Nov 22, 2015 4:41 pm
Australian investors have begun buying in to the rise of the machines, as a company promising to replace the humble brickie with a robot that can build a four-bedroom house in two days hit the ASX boards.

Robot bricklayer that can build a home in two days impresses on ASX debut 1447812939868

Fastbrick Robotics started trading on the ASX on Wednesday, and was up almost 4 per cent by midday.

It backdoor listed through DMY Capital and in a sign of investor demand for robotic automation, it raised $5.75 million, substantially more than its $3 million target, in an oversubscribed prospectus capital raising.

The capital will be used to fund the construction of the company's Hadrian 109 robots for commercial use, with the first robots expected to be rolled out in Western Australia in 2017.

http://www.afr.com/technology/robot-bricklayer-that-can-build-a-home-in-two-days-impresses-on-asx-debut-20151118-gl1oa9#ixzz3s8oWQnuW
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Robot bricklayer that can build a home in two days impresses on ASX debut

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