We print 3-D buildings aimed to make housing more accessible

At Apis Cor, we are rethinking and improving the construction process.We believe housing should be built better and faster. That’s why we use automation to expand the construction industry, utilizing robotic construction technologies to increase productivity to reach this goal.

*The above video is a time-lapse of construction for demo purposes, and may not reflect the true construction time.

Overall, we believe we equip homebuilders with the right tools and technology to revolutionize housing.

*The above video is a time-lapse of construction for demo purposes, and may not reflect the true construction time.

There is a shortage of about 5 million homes in the US, and we think our 3D printing targets this issue

We not only don’t have enough human labor to meet the housing demand, but there is also a material shortage. (Source) Additionally, the average American, having an annual salary of $54,000, cannot afford a house of $478,000. (Source | Source)

Source: Realtor.com, AGC, St. Louis Fed, Bureau of Labor Statistics

To us, homes should be accessible, affordable, and durable, so it’s time to introduce automation to the construction industry. Apis Cor's robotic technology aims to increase productivity, and build faster and more affordably without compromising quality.

*Reduced costs are based on internal projections and research.The above video is a time-lapse of construction for demo purposes, and may not reflect the true construction time."

Our 3D printed houses are hurricane and earthquake-resistant, built in compliance with international building codes, and we project that a finished house can be up to 30% more affordable than a traditionally built house. 

To achieve this, we lease out the printers to construction companies and exclusively sell our 3D print material as a B2B. The targeted monthly lease of the equipment is $9,000, the material price is $7 per sq.ft of the wall which is about $8,400 for a single-family house of 1,200 sq.ft. 

We project that a subcontractor using our technology may be able to 3D print walls of four houses, totaling to 4,800 sq.ft each per month. This may result in profits of approximately $13,500/month. 

Because of this, developers and homebuilders may be able to increase their annual construction output to meet the growing demand for new homes and increase inventory in the market.

With over over 300,000 unfilled positions in the construction industry and with extra 3.2 milion workers in the next 10 years (Source), Apis Cor represents an opportunity to combat the U.S. housing crisis without relying on the limited pool of available human labor. (Source | Source) Additionally, the problem of a lack of skilled labor is expected to worsen as current workers retire in record numbers, and the younger generation shows little interest in the hard physical work of handling heavy materials in outdoor weather conditions. Construction is one of the most unsafe industry with nearly one in five workplace death occurring in the US. (Source) But, due to ease of use, the deployment and transportation of our robots can be managed by most people of any skill level and may even be done by operating remotely in the future. We believe this may attract more people into the construction industry, especially younger generations. 

And although Apis Cor’s primary focus is on the low-rising residential housing market, there are more market segments are available to tackle due to the capability of our technology to construct wall structures of a building of almost any footprint (sq. footage) and up to three floors. This could include commercial and industrial buildings, storage, warehouses, distribution centers and structures, elements, walls, fences, and retaining walls for large-scale industrial infrastructure construction projects.

We’re tackling the construction market, which is $16 trillion and growing 

The construction 3D printing market is also expected to hit $40 billion by 2027. (Source)

Apis Cor's primary addressable market is low-rising residential construction including affordable housing and both high-end and average-priced new residential single-family houses. The global market for the residential building construction industry is estimated to reach $6.8 billion by 2022, growing at a CAGR of 10.3%. (Source)

Source: Census Bureau, Eye on Housing, Sic Code, Builder Online

When it comes to our competition, we think their 3D equipment is huge and bulky, which limits the size of the 3D-printed buildings they may produce. To our knowledge, only our robots feature compact dimensions, which we believe can work for any size building. Our robots are also easy to transport, making deployment costs almost to zero, according to our research.

Our proven technology is already taking us far, here’s how:

Our advanced material was successfully used in different climate zones - Dubai, Boca Chica TX, Missouri, and recent residential house in our hometown Melbourne, FL. All buildings were constructed in accordance with International building codes and we recently received state-level approval in Montana. (Source | Source) Additionally, we have completed printing the walls for  fully permitted residential house for our first customer in Melbourne, FL, which will also serve as our model house for 6 months after completion. (Source | Source)

We are also negotiating a deal with a national homebuilder for construction projects and investment who saw Frank and Gary in action multiple times and assessed our technology advancement compared to competitors. We expect to start collaborating with them in 2024. (Details are subject to Confidentiality Agreement)

We 3D printed the largest building on Earth in Dubai, which is in the official Guinness Record (Source). Our 3D printed walls are structurally identical to concrete block walls incorporating the same structural reinforcement. We have tested the material and walls in third-party, independent labs at the University of Connecticut and Briggs Engineering (Boston, MA).

Additional traction points include:

• In collaboration with New York-based architecture company SEArch+, Apis Cor was among the finalist of all levels we participated in during NASA’s “3D printed Habitat Challenge.” The total monetary reward for our team was $213,677.31 (Source | Source)
• Raised $1,155,127 for our Reg A+ as of September 1st 2022 and $2 million+ for RegCF on StartEngine in 2023. 
• 117 LOIs from construction companies in the USA.
• Paid reservations for our 3D printers at a price of $650,000. 
• We are expanding our operations to grow: in 2023 we constructed and began operating a prototype of our batch plant to produce 3D printing materials. This prototype was successfully used to create 3D print material to 3D print the walls for our model house in Melbourne, FL.
• Four granted patents and recently we added more in our portfolio: we designed and filed a patent pending for an optimized wall design. This design not only reduces material usage, thereby decreasing the cost per square foot of walls, but also increases printing speed by up to 30%. This significant improvement is seen by us as a crucial development that will make our product more competitive and versatile, appealing to a broader range of customers.

Get on board with Apis Cor as we aim to disrupt the construction industry

Based on our momentum, we think much of the industry will switch to robotic or automated builders in the next 10 years. Our goal by 2027 is to have 400 printers in operation by construction companies. We believe this amount of printers may deliver at least 20,000 houses annually.

On the horizon: 

• Completion of our model house we started printing in December 2023 in Melbourne, FL (Source)
• Building two houses with Space Coast Habitat for Humanity. The project is funded by Wells Fargo and City of Melbourne. (Source)
• Construction of 2 houses in New Orleans, LA with VPG Enterprise (MOU), slated for 2024 - building permits received (Source)
• Pilot project with Housing Trust Fund of Santa Barbara County expected in 2024 which received a substantial $575,000 grant from the Chan-Zuckerberg Initiative and Santa Barbara County Association of Governments (SBCAG). The Chan-Zuckerberg Initiative's $200,000 will support the Housing Innovations Program and the prototype of a 3D printed affordable home. With an additional $375,000 from SBCAG, our mission is set to redefine affordable housing in Santa Barbara County. (Source)
• Finalizing the negotiations for strategic investment and cooperation with  one of the biggest national homebuilder. (Details are subject to Confidentiality Agreement)
• Received 183 inquiries to reserve Apis Cor's 3D houses and 3D printers, as of December 2021 (USA) 

• Closing sales for Frank's and Gary's with homebuilders. 

*The above video is a time-lapse of construction for demo purposes, and may not reflect the true construction time.

The world needs to build more than two billion new homes over the next 80 years (source) and we think we have the technology and adaptability to do it. Invest in Apis Cor today. 

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