Apis Cor, a manufacturer of robotic 3D printing technologies for the construction industry, announces that D.R. Horton, the largest homebuilder in the United States, has made a strategic investment in the company.
Apis Cor was founded with the goal of addressing the labor shortage in the construction industry. This shortage is making it difficult to meet the growing demand for housing across the country. According to an analysis by the Associated Builders and Contractors, based on data from the U.S. Bureau of Labor Statistics, over 400,000 construction jobs were unfilled in 2023. In addition, workers are currently retiring in record numbers, making skilled labor hard to find and expensive.
Apis Cor’s 3D printing technology is designed to assist all homebuilders, including smaller developers, with advanced robotic solutions to fill the skilled labor gap, increase productivity and build more homes. This would increase the overall inventory in the market.
“Access to D.R. Horton’s extensive expertise and infrastructure can boost the adoption and scalability of our breakthrough technology in the market and help us make our technology available for every homebuilder in the country sooner,” said Anna Cheniuntai, CEO and co-founder of Apis Cor.
As part of the partnership, D.R. Horton will provide consultative support from its team of construction experts.
“As a strategic investor, we are always interested in highly innovative companies. We’ve seen many technologies in the space and are very impressed with what Apis Cor has achieved and demonstrated so far with their mobile, proprietary printer “Frank”. We look forward to what we can achieve together to expedite the commercialization of this promising technology,” said Brad Conlon, D.R. Horton’s SVP of Business Development.
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