FBR (FBR) Corporate Presentation summary

Financial position and funding

• Secured a $20m share subscription facility from GEM Global Yield, providing flexible funding options and a significant runway for operations and growth.

• Annual burn rate reduced from approximately A$35m to A$10m, with ongoing operational efficiencies and cost rationalisation.

• Pro-forma cash balance as of 31 July 2025 was A$1.4m, with a market capitalisation of A$34.4m.

• GEM facility terms include up to 1,000% of average daily volume drawdown, 90% VWAP pricing, and 450m options at $0.01.

Strategic partnerships and commercial progress

• Entered a MoU with Habitat NT for the sale of a Hadrian X unit at A$7.8m, with a deposit paid and commissioning of H04 underway.

• Signed an engineering service agreement with Samsung Heavy Industries for a shipbuilding automation project, with Phase 1 completion expected in 2H CY2025.

• Launched the Mantis™ DSTⓇ-enabled welding robot targeting heavy fabrication sectors, with first unit manufacture expected in FY2026.

• Ongoing discussions with builders in Australia and the US, and inbound interest from international markets.

Technology and product development

• Proprietary Dynamic Stabilisation Technology (DSTⓇ) underpins both Hadrian XⓇ and Mantis™, enabling precision in dynamic outdoor environments.

• Hadrian XⓇ is a fully automated bricklaying robot capable of constructing structural walls in a single day, with modular design and advanced block handling.

• Mantis™ offers high-deposition robotic welding with an 8m reach, pendulum workflow, and advanced seam tracking, targeting mining, shipbuilding, and defense.

• Portfolio includes 400 IP rights across 41 patent families, with further applications pending for new products.