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FBR Secures A$22M Boost to Accelerate Robotic Innovation and Debt Reduction
9:55am on Friday 8th of August, 2025 AEST
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Technology
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FBR Secures A$22M Boost to Accelerate Robotic Innovation and Debt Reduction
9:55am on Friday 8th of August, 2025 AEST
Key Points
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
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