FBR’s first Mantis welding robot has passed factory acceptance testing and independent weld inspections, removing the key condition on its sale to Industrial Robotics. The machine will remain in Perth for a paid customer pilot before heading to the United States, with a $198,000 deposit secured.
Parkway Corporate Limited reported a strong quarter with $4.22 million in revenue and $0.47 million EBITDA, driven by a major wastewater contract and progress in its innovative Queensland Brine Solutions technology.