Startups unveil $4000 home built with a 3-D printer

Startups unveil $4000 home built with a 3-D printer

The spotlight on this breakthrough falls on ICON's proprietary 3D printer "Vulcan" that uses a unique mix of concrete that hardens as it is printed.

According to the report, ICON is focused on bringing affordable housing to the estimated 1.2 billion people around the world who do not have adequate shelter.

The company demonstrated its innovation in Austin at SXSW's annual Interactive Festival, constructing their prototype in real time.

It was a joint effort of ICON with the non-governmental organization New Story that made it all, a portable three-dimensional printer that is called Vulcan, which not only can deliver 75 square meters in less than 24 hours but also does it in fractions of traditional costs. The partners plan to build a community of affordable 100 3D-printed homes in El Salvador next year. The company claims that "It's much cheaper than the typical American home".

ICON has introduced a new method of producing homes with a massive 3D printer. To date, the company has built more than 1,500 low-priced, high-efficiency homes in developing countries like Bolivia, Haiti, and Mexico.

OECD upgrades global and Japan growth outlooks for 2018 and 2019
He said: "Investment is coming back, and so this is very good news for good new for jobs and growth across the economies". The latest report lifted growth forecasts for the USA and eurozone economies.

"(ICON) believes, as do I, that 3D printing is going to be a method for all kinds of housing", New Story co-founder Alexandria Lafci said.

Like other creating nations, Pakistan has likewise observed an ascent of demo models of 3D-imprinting on a little scale.

How long will the homes last? For this venture to succeed, they have to be the best houses... The technology also tends to reduce waste and manual labor costs.

Even though the machinery used in 3D-printing is quite costly, however, the materials can be cheap. He explains: "One of the big challenges is how are we going to create habitats in space... It's one of the more promising potential habitat technologies".

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