Hyperion Robotics

About the offering

Hyperion Robotics is redefining how we build by removing the barriers between cost, function, sustainability and design in construction processes with next-generation concrete 3D printing robotic technology. In the USA, there is a lack of affordable and available housing. Housing prices continue to soar while disposable income has increased marginally. As of this year, home values have risen 8.7%, 0.3 percentage points from June 2006 housing crisis while the average wage at the end of 2017 remains at $44,564. According, to a 2017 study conducted by How Much, there are only thirteen states in which Americans can buy an average sized home on the average salary with a 10% down payment and thirty-year mortgage. As the cost of housing increases so does the cost of construction. According to the National Association of Home Builders, 900,000 new homes will be built in 2018, 400,000 less than the required 1.3 million homes needed to keep up with population growth. This is due in part to tighter housing regulations, which have increased costs since 2011. It is also partly caused by a worsening labor shortage of construction workers, which has seen workforce numbers decline below the 2010 housing bubble crisis figures. In sum, the cost of construction is rising, and fewer Americans are able to purchase homes due to rising prices, decreased housing inventory, and stagnant wages. At Hyperion Robotics, we are providing a solution that will increase efficiency and speed and reduce the cost of building in the construction industry. By changing how we build, we are solving latent problems within the construction industry and providing a viable technical solution to help solve America’s housing crisis and housing issues worldwide.

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