Australian Bricklaying Robot Could Build 30 Million New Homes Globally

Fastbrick Robotics chief executive officer, Mike Pivac, said the analysis demonstrates just how large the global market opportunity is.

“As the only company in the world building construction robots capable of doing what the Hadrian X can do, capitalising on our first mover advantage is crucial.”

“The opportunity for the Hadrian X to generate significant productivity improvements in the building and construction sector continues to fuel the acceleration of our technology commercialisation process,” Pivac said.

The Hadrian X prototype is nearing completion and Fastbrick is now targeting 2 per cent of the global market within the next five years, approximately 600,000 low-rise buildings a year.

Population growth and urbanisation, particularly in developing nations, is demanding rapid construction methods and is acting as a catalyst for future automation and robotic applications.

With the world’s major economies and corporations investing heavily in automation and robotics, Fastbrick aims to leverage their technology with an analytical approach.

“We will continue to work closely with EY-Panthenon and development partners to develop our market entry strategy and business model, ahead of completing the Hadrian X programme,” Pivac said.

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