Construction 3D Printing with Anna Cheniuntai, CEO of Apis Cor Inc
Anna’s construction 3D Printing goal is to make housing truly affordable and available. Her company is Apis Cor. It’s leading the world in construction 3D printing. For example, her company builds the shell of a home 9x faster than traditional models. And 30% cheaper!
Apis Cor – Where Did The Name Come From?
The idea came from honey bees! Apis means honey bee in Latin. Honey bees were the first to use an extrusion process. Extrusion is the process of forming something by pushing something out through a small opening. Honey bees do this all the time to build their homes. Cor means heart in Latin. So, the name Apis Cor was inspired by the first animals to build 3D in the world. Honey Bees!
As Anna says, we should be thankful to nature for providing inspiration.
Ambition Beyond Earth
Apis Cor uses robotics and autonomous construction technology. These skills are ideal for creating buildings on the Moon and Mars and beyond.
Therefore, will Apis Cor use local sand on Mars to create the mortar needed? Yes. Firstly, that means you don’t need to ship the mortar all the way from Earth. Secondly, to avoid the huge cost of doing so. This means Apis Cor will be examining ways to build locally whenever they can. Anna believes the local material on the Moon or Mars will have to be mixed with a special compound from Earth to achieve the desired construction 3D printing quality.
Will Apis Cor Build on Mars?
More specifically, will Anna realise her dream of 3D printing on Mars? Alongside a company like SpaceX, she thinks it is possible.
What Does Apis Cor Do Today?
Kevin wanted to bring us back down to Earth! He asked the question, what does Apis Cor do today?
Anna has named the robots.
- Frank does the extrusion process.
- Gary mixes the 3D print material and pumps it to Frank.
- Mary is the bulk delivery truck.
Frank was inspired by Frank Floyd, a recognised Architect. He designed more than 1,000 structures over a creative period of 70 years. He died in the same year that Graham was born! Gary came from the cartoon Sponge-Bob Square Pants! Mary just fit with Frank and Gary!
Here’s Mary! Isn’t she elegant?
Are There Any Limitations?
Firstly, the number of floors is restricted to 3. That’s about it.
What PROBLEM is Apis Cor Solving?
Apis Cor solves an outdated construction industry. Traditional construction just cannot keep up with demand. Especially, when you consider worldwide housing needs. For example, in the USA, there is a shortage of 5 million houses. The problem is the industry relies on skilled labour that is limited. It is getting older and very expensive too. This means, construction companies cannot increase productivity to build more homes. The problem is the speed, quality and cost of construction.
This creates an affordability and availability problem.
Apis Cor are Creating a New Type of Construction Worker – Robot Operator!
You have to watch this:
A short video of how Apis Cor built the World’s Largest 3D Printed Building.
Shell of House Build Productivity Gains
It’s the shell of the house that’s really important to building affordable homes. Apis Cor are ahead of the market in this critical respect.
Wow! The walls of a 3D printed house from Apis Cor can be built 9X faster than traditional construction.
The Market Plan
Apis Cor’s market is global. But, they will start in the Southern States of the US. Almost half of single-family houses will be built in the Southern States of the United States.
Why Competitors Are Getting it Wrong
Apis Cor’s 3D print material is a closely guarded secret. It’s protected in the same way that Coca Cola protects its formula. And that’s a major competitive advantage.
Gary came from experience. In Dubai, they found their approaches didn’t work. So, with scaling in mind, they built a machine to pump the mix. As a pioneer, they didn’t have a body of work or competitors to follow.
Everything they do now came from practical experience. They have spent a lot of time thinking about scaling.
How Have Apis Cor Funded Operations To Date?
Apis Cor is raising $35m in their current funding round.
They have 2 strategies:
- penetration – working with construction partners to lease the model
- growth – like an HP model for recurring revenue for resupplied materials
Apis Cor has invested in a University for building officials, construction companies etc to learn about 3D Printing in Construction.
The 3D printing technology allows designers to introduce curves into construction. Great news for Architects.
Flexible Designs & Lower Costs
The goal is to introduce the technology to lots of different segments.
The houses are structurally sound.
How to Invest in Apis Cor?
Apis Cor is seeking High Net worth and Sophisticated investors in the UK. They have received a fantastic response from a select number of Family Offices and very Large HNW Investors. However, there is room for individual investors to get involved. Typically, the average investment is around £20,000. You should take advice and The Next 100 Days Podcast does not offer advice. Their plan is to move to IPO hopefully within 3 years. That is to say, others like them have produced very handsome returns (10x) in 3 years.
Visit their Investor Page: Click here: APIS COR INVESTOR PAGE
Anna Cheniuntai Gives The Next 100 Days Podcast a Testimonial
The Next 100 Days co-hosts…
Finely Fettled markets to high net worth customers. He uses direct mail and inserts campaigns. Meet Professionals – Offers large financial advisory groups with 50+ IFAs a white-labelled lead generation and conversion system. Contact Graham: LinkedIn: Visit Graham’s LinkedIn Profile Twitter: Visit Graham’s Twitter Page Email: Email Graham Direct
Kevin is a Chartered Accountant who has worked as a management consultant for several years. He specialises in finance transformation and implementing business change. Currently, he is the COO of GrowCFO. GrowCFO is Where Finance Leaders Grow Together. GrowCFO provides both community and CPD accredited training designed to grow the next generation of finance leaders. You can find Kevin on LinkedIn and at kevinappleby.com