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Construction and architecture

3D home builder begins IPO

4 March 2022

Apis Cor, which specializes in 3D-printing real estate, has become the first AM firm in construction to be listed on a stock exchange. The Florida-based start-up was given the green light by the U.S. Securities and Exchange Commission in January.

Wall section of the Tecla House, a prototype for 3D-printed eco-homes printed with Crane WASP, presented at the BE-AM showcase at Formnext 2021. Picture: Mesago / Mathias Kutt
Wall section of the Tecla House, a prototype for 3D-printed eco-homes printed with Crane WASP, presented at the BE-AM showcase at Formnext 2021. Picture: Mesago / Mathias Kutt

According to Smartech Publishing, the global market for 3D Printing in construction is expected to grow beyond U.S.$40 billion within the next five years. In the process, this somewhat traditionally minded industry will gradually step ever further into the digital age. “Our goal is to automate the entire process of building homes and reduce the overall construction time required from three months to just five days,” revealed an exuberant Anna Cheniuntai, CEO of Apis Cor, as she presented the company’s plans for the future.

The tremendous advancements the underlying technology has made and the possibilities it now affords were showcased in the special exhibition BE-AM (Built Environment Additive Manufacturing – see image) at Formnext 2021.

FURTHER INFORMATION:

apis-cor.com
be-am.de
3dwasp.com

Tags

  • Additive Manufacturing
  • Construction and architecture