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FBR Cuts FY26 Loss by 91% as Robotic Products Gain Traction

6:26pm on Monday 31st of August, 2026 AEST Technology
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FBR Cuts FY26 Loss by 91% as Robotic Products Gain Traction

6:26pm on Monday 31st of August, 2026 AEST
Key Points
  • 91% reduction in net loss to $7.7 million
  • 58% revenue decline to $551,558 reflecting business model shift
  • Hadrian H04 sets new speed records and advances commercial readiness
  • Mantis welding robot secures first US order and North American distribution deal
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