The world faces a drastic housing shortage. The U.S. alone needs more than five million new housing units, and that number is growing daily.
Traditional construction methods are slow and unsustainable, and are contributing to the growing shortage. One potential solution: 3-D printed homes.
That’s the approach being taken by Azure Printed Homes. This startup is targeting the construction industry by printing three-dimensional homes made from recycled materials. Its manufacturing process is seventy percent faster, and thirty percent less expensive than existing methods.
Azure offers prefabricated studios, and will soon offer accessory dwelling units (ADUs) and homes. Studio units can be printed in one day, and delivered/installed within a week. The company’s 14,000-square-foot factory can produce three units a day.
Its sales are soaring. In 2021, revenue increased 265% over 2020. And sales grew another 175% in 2022. In 2024, Azure generated more than five million dollars in revenue. It has sixty-two million dollars’ worth of orders in its pipeline with pre-paid deposits.