The Robots are coming

High rise robot cranes could dot the skylines of major cities around the world in the near future, according to Australian robotics company Fastbrick (ASX:FBR).

The technology has created enormous interest globally as it solves the latency issue that has prevented robots working outside of controlled environments like factories.

"We are a company that is going to have dozens of revenue streams." said Fastbrick CEO, Mike Pivac.

Fastbrick’s proprietary Dynamic Stabilization Technology [DTS] which underpins the company's first robot, the Hadrian X brick layer, "has the ability to make two thousand calculations a second.” said Pivac.

He told www.InsideMarket.net the company is in active conversations with numerous companies around the world to roll out DTS driven technology covering a wide range of industry sectors.

“They are all wanting it now because once they see the Hadrian X bricklaying robot (which uses DTS to achieve millimetre accuracy over 30 metres) a light bulb of potential goes off.” he said.

In part two of our interview with InsideMarket.net Editor Phil Carey, Mike Pivac explained more about the potential of the Dynamic Stabilization Technology.

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