The housing crisis and sustainability concerns are more prevalent than ever, and one construction tech company is using robots and 3D printers to tackle the problem.
Mighty Buildings, which specializes in 3D printing homes of differing sizes, is planning to build a $15 million community of 3D-printed homes in California. The project, dubbed Rancho Mirage, seems to be on a good track with the company raising $40 million in a Series B funding round just last month. As of the press release, Mighty Buildings has raised more than $70 million from investors.
Once executed, the upcoming project will have the title of the "world's first planned community of 3D-printed homes," according to Mighty Buildings. In order to achieve this lofty goal, the company partnered with development-focused Palari Group.
The $15 million housing development will have 15 homes, that will be based on Mighty Building's 3D-printed proprietary Light Stone Material, on across five-acres and will be built utilizing the Mighty Kit. This system utilizes prefabbed panels to build custom homes.
The company's 3D printers also rely on robotic automation and robotic arms. This construction method has several advantages, specifically in terms of speed, sustainability, and cost. In an interview with Business Insider, Alexey Dubov, cofounder and COO of Mighty Buildings, said that the company's 3D printing process allows "the homebuilders to create units in a quicker and 40% less expensive manner, all while reducing construction waste by 99%."
The houses won't look any different than the traditional homes that we are used to -- but will be smarter. The homes' "wellness intelligence solution" will be able to control air and water quality, circadian lights, and more. Moreover, the homes will be "zero-net-energy." Not only they'll be relying on solar, but they'll also have optional Tesla Powerwall batteries for power.
With Mighty Buildings committed to "making beautiful, affordable, and sustainable homes a reality for more people," the project "aims to minimize its environmental impact and offer smart and healthy homes to sustainability-minded buyers."