3D-Printed Homes Firm to Offer Public Shares, Vows to Address Affordable Housing

Melbourne, FL-based Apis Cor, a firm that uses additive manufacturing (3D printing) for home construction, has been qualified by the US Securities and Exchange Commission to offer shares to the public — the first company of its kind to do so.

Apis Cor aims to be a provider of affordable housing and vows to reduce home-construction times from three months to five days.

According to Apis Cor, the global construction market is expected to surge in the post-pandemic recovery period and reach $16.6 trillion by 2025. It cites experts who believe additive manufacturing will play a role in this growth as construction firms begin interfacing directly with printer manufacturers, construction-material companies and high-tech solution developers.

“A hundred years ago, celebrated industrialist Henry Ford solved a similar problem by automating car manufacturing,” said Apis Cor CEO Anna Cheniuntai. “Today, we’re applying the same idea to home construction. We believe everyone has the right to affordable housing.”