The company demonstrated its innovation in Austin at SXSW's annual Interactive Festival, constructing their prototype in real time.
ICON, a Texas-based construction technology company, has made a breakthrough in affordable housing by 3D "printing" a single story, 600-800 square foot home in under 24 hours for less than $4,000.
ICON has partnered with a nonprofit housing foundation New Story to take its technology to the developing world. Best of all, the homes would cost just $10,000. ICON also has plans to use this technology to build homes in the United States as well. The company claims that "It's much cheaper than the typical American home".
Recently some Americans also have chosen to downsize into smaller homes but these also cost almost $40,000 and are only between 200 and 400-square-feet in size.
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Please donate or subscribe to help fund independent journalism for the Iranian Diaspora. Netanyahu and Trump's meeting on Monday was their fifth over the past year.
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However, these improved outlooks have been offset by a softening in hiring expectations across a number of other key sectors. Similarly, employers in the Services sector report a decline of three percentage points compared to the same period in 2017.
One billion people on Earth lack access to adequate housing - but that could change if ICON and New Story are successful.
The current plan is to build 100 homes in El Salvador next year.
ICON would also like to develop robots in the future that could automatically install the windows, as well drones that could spray-paint the exterior walls. "3D printing had been our on radar but it wasn't until we got connected to ICON that we felt it would be a feasible possibility". However, by working alongside ICON, they now have access to the impressive Vulcan 3D printer. However, ICON thinks that its structure is the first printed house that's been considered habitable by a local government. 3D printing is already revolutionizing the way products are created and will continue to do so in the future, according to experts.
After solving the vast housing and homelessness problems that plague the Earth, Ballard hopes to use 3D printing to help humans build homes in outer space.