FBR Raises A$2M via Placement and SPP at 23% Discount to Fund Key Projects
FBR Limited has raised A$2 million through a share placement and purchase plan, complementing a $20 million subscription facility, to fund new robotic products, strategic partnerships, and debt repayment.
- A$1 million raised via share placement at A$0.0045 per share
- Share purchase plan targeting up to A$1 million at same price
- A$20 million Share Subscription Facility secured with GEM Global Yield LLC
- Funds to support Hadrian X commissioning, Mantis launch, and Samsung Heavy Industries collaboration
- Proceeds allocated to debt repayment and expansion of WaaS projects in Australia and the US
Capital Raising to Fuel Growth
FBR Limited, the Australian robotics innovator known for its Dynamic Stabilisation Technology (DST®), has announced a significant capital raising initiative aimed at bolstering its balance sheet and accelerating product development. The company has secured firm commitments to raise A$1 million through a share placement priced at A$0.0045 per share, representing a notable discount to recent trading prices. In parallel, FBR is launching a share purchase plan (SPP) targeting up to an additional A$1 million from eligible shareholders at the same price point.
Strategic Use of Funds
The combined proceeds from the placement and SPP will be strategically deployed to complete commissioning of another Hadrian X robotic bricklayer, advance the development of new DST-enabled products, and support ongoing collaborations, notably with Samsung Heavy Industries. The company is also preparing for the commercial launch of its new Mantis robotic welder, designed to enhance efficiency in large-scale fabrication sectors such as mining and shipbuilding.
Importantly, a portion of the funds will be directed towards repaying existing debt facilities, strengthening FBR’s financial position as it expands its Wall as a Service (WaaS®) offerings in both Australia and the United States.
Backing from Institutional and Retail Investors
Leading Melbourne boutique Peak Asset Management has led the placement round, underscoring institutional confidence in FBR’s growth trajectory. The SPP provides an opportunity for retail investors to participate on equal footing, with eligibility extended to shareholders in Australia and New Zealand. The company reserves the right to accept oversubscriptions, potentially increasing the capital raised through this channel.
Complementing a Larger Funding Facility
These equity raisings complement a substantial A$20 million Share Subscription Facility secured with GEM Global Yield LLC SCS, announced earlier. Together, these funding sources provide FBR with a robust financial platform to pursue its FY26 priorities, including commercialising new robotic solutions and expanding its footprint in key markets.
Investor Engagement and Transparency
To provide further clarity on these developments, FBR will host a webinar on 13 August 2025, led by CEO Mark Pivac. The session will cover the recent funding activities, operational milestones such as the MoU for Hadrian X sales to Habitat NT, and the strategic partnership with Samsung Heavy Industries. This engagement reflects FBR’s commitment to transparency and investor communication as it navigates this pivotal growth phase.
Bottom Line?
FBR’s latest capital raise and strategic partnerships set the stage for accelerated innovation, but execution risks remain as new products enter the market.
Questions in the middle?
- How quickly will the new Hadrian X and Mantis robots translate into commercial revenue?
- What are the terms and conditions of the $20 million GEM Share Subscription Facility?
- How will FBR balance growth investments with debt repayment to maintain financial stability?
