Articles
- Parent Category: News Roundup
- Saturday, 08 July 2017
- Published Date
- Written by TPB News
Caterpillar and Fastbrick Robotics Limited entered into a year-long Memorandum of Understanding that calls for a $2 million investment from Catepillar into Fastbrick's "bricklaying technology." So reports Construction Equipment.
The companies will now enter into discussions regarding a development, manufacturing and sales framework. Caterpillar may add an additional $8 million pending Fastbrick shareholder approval.
Fastbrick's Hadrian X can cut and lay as many as 1,000 bricks per hour. The first commercial versions of the Hadrian X are expected to available by the end of this year.
Read the full article from Construction Equipment.
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