Apis Cor

Help Wanted: 500,000+ more workers needed 👋 Previously we posted about why sea level rise affects everyone - not just those living on the coast! Today, we are doing a deeper dive into the labor shortage faced by the construction industry. 👀 Why is this a topic worth diving into? Because one of the most common feedback we get is the misconception that robot workers like Frank are stealing jobs from human workers. This is a well intentioned but misguided concern. As reported by CNBC: The U.S. economy’s post-Covid growth spurt has come amid one very big problem: lack of workers for jobs across sectors as they bounce back from the pandemic and now attempt to grow amid tighter financial conditions. Nowhere has the tight labor market been more extreme than in construction. The construction sector is a fundamental backbone of the nation – without structures created by construction workers, Americans would have nowhere to eat, sleep, work, or live. And yet, the industry is currently battling the highest level of unfilled job openings ever recorded. Some stats published by Associated Builders and Contractors, a trade group for the non-union construction industry: 🚧 In 2023, construction firms needed to attract ~546,000 additional workers on top of the normal pace of hiring to meet the demand for labor. 🚧 In 2022, the construction industry averaged more than 390,000 job openings per month, the highest level on record, while unemployment in the sector of 4.6% was the second lowest on record. 🚧 Since the beginning of the pandemic, the number of online applications for roles in the construction industry fell 40% and has remained flat since, according to ZipRecruiter data. The pandemic allowed workers to migrate out of jobs that require them to be on-site and into remote work, which often provides greater flexibility. An aging labor force is cited as a reason for the continued shortage. Workers retire at earlier ages since it is such a physically demanding industry, and the labor force skews older. Construction firms have been incentivizing workers to delay their retirement and work as trainers or teachers. Additionally, working in construction can be extremely dangerous compared to other jobs, with the second-highest rate of occupational fatalities, according to the U.S. Census Bureau. This is why, when we see complaints of "robots coming for construction jobs", we know the fear is misplaced. There is a huge, unmet need for more construction workers that will not diminish anytime soon. And the quicker we can get to building houses, the better the outcome for everyone involved. Thank you for joining us on this quest! 🏠 ❤️ #laborshortage #3Dprinting #constructioninnovation #aging #workers Sources: https://hubs.la/Q02J8YZC0 https://hubs.la/Q02J8Z290

13 million Americans ➡️ inland migration by 2100: why sea level rise affects everyone - not just those living along the coast 👀 Sea levels have risen ~9 inches since 1880, with one-third of that gain from the last 25 years alone. About 15 million American homes are at risk of flooding, and you can check out those affected areas in this handy tool by NOAA: https://hubs.la/Q02J3Sf60 But this isn't just a story about environmental science. USC research published in the journal PLOS One estimated that sea level rise could cause over 13 million Americans to relocate inland by 2100 – an outcome with huge economic, social and political consequences. An example is when Hurricane Harvey slammed into the Texas coast in 2017. Displaced residents flocked inland, trying to rebuild their lives in the disaster’s aftermath. In fact, by the end of the century, six feet of ocean-level rise would redraw the coasts of southern Florida, parts of North Carolina and Virginia, and most of Boston and New Orleans. “Sea level rise will affect every county in the U.S., including inland areas,” said Bistra Dilkina, the study’s corresponding author, a WiSE Gabilan Assistant Professor in computer science at USC and associate director of USC’s Center for AI for Society. This means that new construction technologies are needed to not only make housing affordable and accessible, but also deal with the growing challenges faced by the next generation. Along the coasts, there will be a need for sea walls and other structures that can counter stronger storms and waves, extending the lifespan of immediately affected houses. Inland, there will be a persistent demand for those who are relocating and rebuilding. Making people's lives better takes a collective effort. We are here to help by providing and advancing the tools necessary to make it happen. I hope you can join us on this mission and learn more about what we are up to at https://hubs.la/Q02J3SyP0 #3Dprinting #constructioninnovation #sealevelrise #climatechange #housing #flooding

America needs 5 million new #homes, right now 👀 Yet, #construction companies are struggling to close the gap as #millennials (the largest generation, over 70 million in the U.S.) enter the #homebuying age. The current labor-intensive technology cannot close the gap, so the entire market share is there for the taking. What are the reasons for the shortage? Home prices have been rocketing way before inflation, high rates, and world instability due to wars and international political issues. One major culprit is the heavy reliance on #skilledlabor, which is shrinking. Apart from new homes, the U.S. lacks half a million construction workers, according to Associated Builders and Contractors. 👷♀️ 👷♂️ Unfortunately, the problem will only worsen as old tradesmen retire and young people are ditching trade schools for colleges en masse. Consequently, construction companies are desperate for automation. 🤖 🔧 And whoever brings it about is probably looking at a decent chunk of a $16 trillion industry. This is the industry that Apis Cor is tackling. 💪 Read the full coverage, including why we have an edge, on Benzinga: https://lnkd.in/g7WB2hjD We post more in-depth analysis on StartEngine and you can follow here: https://lnkd.in/eRkkV2cy #3Dprinting #constructioninnovation

Did you hear that Frank, like Johnny Cash, also walks the line? Here's Frank's Version: I keep a close watch on this nozzle of mine 💦 I keep the layers stacked neatly all the time 🧱 It's time to 3D print walls for a house 🏘️ My name is Frank, I walk the line 🎶 #3Dprinting #constructioninnovation

The $15.5 Trillion Global Market by 2030 👀 A new report, Global Construction 2030, forecasts the volume of #construction output will grow by 85% to $15.5 Trillion worldwide by 2030. In particular, the U.S. construction market is set to grow faster than China - which has posted historic growths but slowed recently - over next 15 years (Source 1). Facing exponential predicted #growth, the construction industry is also experiencing a severe #laborshortage of more than half a million workers, leading to the highest rate of open positions ever recorded. Those who are filling these positions are often new entrants with little-to-no experience or safety training, inflating risk and increasing loss prevention challenges (Source 2). Contrast that with: the total U.S. construction spending (includes private and public residential and non-residential construction) last year reached an all-time high of $1.98 Trillion, up 7% from the prior year (U.S. Census Bureau). Taking all the data points together, it means there is a huge unmet demand of construction domestically and abroad. Given the immense size of the market, we are here to help accelerate building with #3Dprinting #robots. Even a small sliver of the trillion dollar market can make a big difference in the way that construction industry gets built. Join us at https://lnkd.in/eRkkV2cy Source 1: https://lnkd.in/epPXBd5C Source 2: https://lnkd.in/eBj24v_T Image source: https://lnkd.in/eVBdsDHm

Words like these mean so much to me and Apis Cor's incredible team! Our investors are THE BEST 🚀

Back and captioned by popular demand! ICYMI: We brought in experts from Leos Concrete and Good Boy General Contractors to talk about all things #grout 💦 🚧 This is after we've #3Dprinted the #walls, put in electrical outlets, spray foam, reinforcements, and passed inspections! We've shown video clips of #rebar installation in our previous update. Now it's time for grout that serves to reinforce walls 🏠 There's no need for knockouts / cutouts, which means a much cleaner and efficient process. Watch the full video to find out why "it's a contractor's dream" in their words. Plus, see cameos from scaffolding on wheels, truss, trailer pump, line pump from our partners. 👀 Thank you Ben and Josh for joining us and for your hard work with your crew 🙏 #3Dprinting #constructioninnovation

🎶 I spin my head right round right round 🎶 - Frank singing Flo Rida in Florida. Robots sing to themselves too, right? 🤖 This is an earlier footage of the model house under construction, filmed from the top of Mary, Apis Cor's 3D print material delivery system. 🛻 The walls are now fully #3Dprinted, along with interior finishes and decor. But it's still fun to see progress from the ground up! #3Dprinting #constructioninnovation

We heard that some of you wanted to join the investor webinar but the time zone didn't quite work out. Thank you for following Apis Cor from other countries! The webinar is recorded and we are happy to share the replay upon request. If you did RSVP, please use the same email as your registration. ✅ Replay Request Form: https://hubs.la/Q02DdH1h0 By the way, you can follow ALL updates (which are more detailed and investor-focused) on our StartEngine page: https://hubs.la/Q02DdBPM0 The best part? You don't have to be an investor to get those updates! Now back to #3Dprinting! 🤖 🏗️ 🏡

A podcast to send off the week 🎤 Check out Anna's guest appearance on this Property Potential episode with host Robert Zalkin! Here's what they discussed: 🤖 Anna's journey from space physics to #robotics 💥 Apis Cor's value proposition and impact on how we build new #homes 🏠 Future of robotics, #3Dprinted houses, and #AI 👋 Anna's approach towards #investors 🏗️ Benefits of building machines that will help #homebuilders solve a multi-billion dollar problem Where to find it: YouTube: https://hubs.la/Q02CP3tm0 Spotify: https://hubs.la/Q02CNVt00 Apple Podcast: https://hubs.la/Q02CNQ280 Have a great weekend! #PropertyPotential #3Dprinting #constructioninnovation