..."Our market analysis has indicated a theoretical need for approximately 700 - 750 Hadrian X robots to replace all bricklaying labour in Mexico, so the commercial opportunity is significant for the company."....
I don't often re-quote the words of announcements. I don't usually get why people do that... But this is pretty significant.
IF they can make delivery utilizing their technology stack up in Mexico and remain cost beneficial to the purchasers of the Hadrian X then that would be amazing as they would be operating in an environment where labour costs are traditionally quite low. It could quite possibly be the tipping point for broader uptake world wide in markets where labour costs are substantially higher which would translate to even stronger margins for the purchasers and operators of Hadrian X in those other markets.
FBR Price at posting:
6.5¢ Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)