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FBR’s first Mantis sale clears testing as North American pipeline opens

6:21pm on Friday 30th of October, 2026 AEDT • Industrial Automation and Robotics
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FBR’s first Mantis sale clears testing as North American pipeline opens

6:21pm on Friday 30th of October, 2026 AEDT
Key Points
  • First Mantis purchase order becomes binding after factory acceptance testing
  • Industrial Robotics pays a A$198,000 deposit and takes North American distribution rights
  • A$4 million capital raising completed after quarter end
  • Quarter-end cash stood at A$238,000 against A$2.073 million of operating cash outflow
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