Mighty Buildings, a construction technology company that describes itself as ‘a coterie of entrepreneurs, inventors, and technologists’ has announced its launch and a commitment to using 3D printing and robotic automation to help end the housing crisis.

The company?s 3D printers use a thermoset composite called Light Stone Material (LSM) that hardens when exposed to UV light, making it a more effective building material than concrete.

The cost of housing in the U.S. has been rising faster than wages for decades, there is a nationwide lack of affordable housing, and the COVID-19 pandemic has resulted in unprecedented numbers of job losses. Combine this with a shrinking labor pool for the construction of new homes and you’ve got a perfect storm. Official statistics suggest that 500,000 people in America are homeless, but millions more are ‘housing insecure’ meaning that most of their income goes to rent and bills, leaving little for unexpected expenses, or that they live in overcrowded, unsanitary or unsafe conditions.
“It is important to us to make beautiful, affordable, and sustainable housing a reality for more people because housing is at the intersection of a number of global crises,” says Mighty Buildings co-founder and Chief Sustainability Officer, Sam Ruben. “The lack of productivity in the construction sector is driving housing scarcity and the affordability crisis on pace to impact 1 in 3 urban dwellers globally by ...