Mike Pivac, CEO of Fastbrick Robotics ASX:FBR has told InsideMarket.net that the demand for it's robotic brick laying technology Hadrian X is far outstripping their expectations.
“What will drive the scaling of our business is how fast FBR and construction giant Caterpillar (FBR's strategic allianace partner) can get their act together in getting some machines coming off the production line.” said Mike Pivac.
“We are ramping up our assembly of the first two machines to seven days a week 24 hours a day for the next four months to allow in house testing as soon as possible and it is all to meet demand.
Pivac also told Phil Carey, Editor of InsideMarket.net that the company will shortly be announcing a US based global advisory team consisting of several key tech leaders from around the world.
This is separate to it's recently announced strategic advisory appointment of firm EY-Parthenon to undertake a Global Study of Hadrian X opportunity develop a medium term strategy plan for Fast Brick Robotics ASX:FBR