If not, is there a way to upgrade the firmware so it does support it? Would this version still work if I wanted to set up a HLS Linux server to serve content to multiple local computers and IPTV clients? Which protocol should I use for that?
if you had buy the wifi vesion FBE200-264-wifi ,or FBE200-265-wifi , they are support HLS.
The HLS is support HTTP protocol.
have a good day.