Evo Constructor | A fully Robotic and 3D Printing solution for large scale building delivery

Summary
3D Printing for construction sector is booming in the last few years, emerging as an automated manufacturing process that produce complex shape geometries automatically from a 3D computer design model. Although construction 3D Printing has become a revolutionary technology for building, the industry will have to face many challenges related to scalability, work at heights, delivery system, suitability to adverse environment and initial investments. Aware of the limitations of current 3D printing systems for construction, we have developed Evo Constructor, which is a unique mobile system based on a robotic machinery technique that allows to automate all the constructive processes necessary for the execution of buildings and other civil works. The great innovations that differentiates Evo Constructor from any current alternative in the market are its unique cloned axis system, the economic and environmentally friendly characteristics and its self-climbing system, which translates into important cost and time savings. Now, we already have the support of potential customers within the building sector. Nevertheless, we still need to carry out full operational test to validate our solution for its subsequent commercialization. Our market, the 3D Printing Construction Market, was valued at € 0.06bn in 2017, and it is estimated to grow with a CAGR of 78% reaching € 40bn by 2027. Based on our commercialization plan we will offer our solution mainly to construction companies of the building sector, but also architecture studies. It will include the sale and rent of Evo Constructor, but also maintenance and consultancy services. Following our business strategy, we establish an average price of € 0.82M per unit for sale, and € 287k for 6 months rental. Based on the profitability of the project we expect a cumulative revenue of € 22.4M by the third year, meaning a cumulative cash flow of € 13.1M. Considering a total investment of € 1.5M, we expect to get a ROI of 463% by 2022.
Unfold all
/
Fold all
More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/868218
Start date: 01-05-2019
End date: 30-09-2019
Total budget - Public funding: 71 429,00 Euro - 50 000,00 Euro
Cordis data

Original description

3D Printing for construction sector is booming in the last few years, emerging as an automated manufacturing process that produce complex shape geometries automatically from a 3D computer design model. Although construction 3D Printing has become a revolutionary technology for building, the industry will have to face many challenges related to scalability, work at heights, delivery system, suitability to adverse environment and initial investments. Aware of the limitations of current 3D printing systems for construction, we have developed Evo Constructor, which is a unique mobile system based on a robotic machinery technique that allows to automate all the constructive processes necessary for the execution of buildings and other civil works. The great innovations that differentiates Evo Constructor from any current alternative in the market are its unique cloned axis system, the economic and environmentally friendly characteristics and its self-climbing system, which translates into important cost and time savings. Now, we already have the support of potential customers within the building sector. Nevertheless, we still need to carry out full operational test to validate our solution for its subsequent commercialization. Our market, the 3D Printing Construction Market, was valued at € 0.06bn in 2017, and it is estimated to grow with a CAGR of 78% reaching € 40bn by 2027. Based on our commercialization plan we will offer our solution mainly to construction companies of the building sector, but also architecture studies. It will include the sale and rent of Evo Constructor, but also maintenance and consultancy services. Following our business strategy, we establish an average price of € 0.82M per unit for sale, and € 287k for 6 months rental. Based on the profitability of the project we expect a cumulative revenue of € 22.4M by the third year, meaning a cumulative cash flow of € 13.1M. Considering a total investment of € 1.5M, we expect to get a ROI of 463% by 2022.

Status

CLOSED

Call topic

EIC-SMEInst-2018-2020

Update Date

27-10-2022
Images
No images available.
Geographical location(s)
Structured mapping
Unfold all
/
Fold all
Horizon 2020
H2020-EU.2. INDUSTRIAL LEADERSHIP
H2020-EU.2.1. INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
H2020-EU.2.1.0. INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Cross-cutting calls
H2020-EIC-SMEInst-2018-2020
H2020-SMEInst-2018-2020-1
H2020-EU.2.3. INDUSTRIAL LEADERSHIP - Innovation In SMEs
H2020-EU.2.3.0. INDUSTRIAL LEADERSHIP - Innovation In SMEs - Cross-cutting calls
H2020-EIC-SMEInst-2018-2020
H2020-SMEInst-2018-2020-1
H2020-EU.3. SOCIETAL CHALLENGES
H2020-EU.3.0. Cross-cutting call topics
H2020-EIC-SMEInst-2018-2020
H2020-SMEInst-2018-2020-1