March 3, 2024

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Austin 3D-printing company Icon lands $207 million to continue growth

5 min read
Austin-based 3D printing construction company Icon has raised $207 million as it continues its rapid growth.  Founders Alex Le Roux, Jason Ballard and Evan Loomis stand with the company's newest generation of printer, which is capable of 3D printing homes and structures of up to 3,000 square feet.

When Icon printed its first dwelling in 2018, co-founder Jason Ballard understood 3D printing experienced the probable to revolutionize the way we manufacture housing, defense and space. 

Less than four many years afterwards, the Austin-based construction startup has currently use 3D printing technological innovation to make far more than two dozen properties and buildings, is now functioning with NASA to build habitats on the Moon and at some point Mars and has printed barracks for the Texas Armed service Department. 

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“I do not think I imagined we’d hit all a few in three and a fifty percent yrs, but we realized that they ended up a genuine risk for the technological innovation,” Ballard claimed. “It’s really the velocity and speed with which we’ve gone from that 1st prototype device at 1st demonstration property to being ready to graduate to hundreds of households with severe builders and severe architects in a single of America’s best metropolitan areas like Austin.” | Newsphere by AF themes.