Azure Printed Homes builds affordable 3D-printed homes with diverted plastic waste
Each 3D-printed home repurposes approximately 150,000 plastic bottles
Azure Printed Homes manufactures affordable housing by turning diverted plastic waste into recycled plastic building material. Azure's 3D-printed recycled polymer homes received initial funding from angel investors and crowdsourcing, and in its second year the company has generated more than $4 million in revenue and has secured $30 million in pre-orders during 2024.
These customizable 3D-printed homes can serve as studios, backyard accessory dwelling units (ADUs), and tiny homes.
"We are addressing both the housing crisis and the dire need as a society to reduce and eliminate plastic waste," said company CEO Ross Maguire. "The ability to solve two of the biggest problems at once, and to do it quickly and with superb quality, has contributed greatly to our growing success."
During presentations at building events in California, executives noted several favourable trends that are accelerating consumer and investor interest, including the loosening of rules restricting studios and accessory dwelling units on residential properties, current interest rate decreases, faster inspections and approvals for factory-built homes compared to traditional builds, and their cost- and time-efficient delivery.