Watch timelapse footage of the world's first commercial robot bricklayer in action

Perth-based company Fastbrick Robotics says its one-armed bricklaying robot is on track for commercial release this calendar year.A short time ago, the company's shares were up 4% to 12.5 cents.Fastbrick company listed on the ASX in November 2015 in a reverse takeover of DMY Capital. An oversubscribed IPO raised $5.75 million at 2 cents a share.In a quarterly update released today, the company says the Hadrian X robot bricklayer, with a price tag of about $2 million, is on track for delivery this year.Fastbrick's closing cash balance at end of March was $9.9 million.The company says it is focusing on a global marketing strategy to generate interest with potential partners.The Hadrian X, mounted on a truck with a 30-metre boom robotic arm, works day and night, laying up to 1,000 bricks ' about the output of two human bricklayers for a day ' in an hour.The prototype Hadrian 105 robot, the first of its kind, can be seen in action below:Join the conversation about this storyNOW WATCH: The world's rarest and most ancient dog has just been rediscovered in the wild
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