C-Crete Technologies | July 13, 2021
C-Crete Technologies has engaged in a cooperative agreement with the United States Department of Energy to develop and market a new class of carbon-based construction materials. The materials may be utilized as a cementitious replacement for portland cement, the world's most used building material, in both the precast and cast-in-place construction sectors.
Like any other naturally mined ore (iron, calcium, etc.), carbon ore or coal does not produce air pollution until heated, according to Dr. Rouzbeh Shahsavari, founder and president of C-Crete Technology, a business specialized in cutting-edge building materials technologies.Portland cement, on the other hand, requires a lot of energy to manufacture. In reality, its production and usage account for 5 to 8% of total global CO2 emissions, necessitating a rush to find materials to enhance or replace it.
According to preliminary results, C-Crete's carbon-based material will function and cost similar to ordinary Portland cement. In addition, the collaboration with DOE will aid in translating promising lab findings into a scalable method capable of competing with Portland cement, a centuries-old construction ingredient.Carbon ore consumption has decreased in the past decade due to the increased use of renewable energy resources such as solar and wind. This opens up the possibility of converting the abundant but currently underutilized ore into building materials, thus accelerating the decarbonization of the construction sector.
The yearly output of carbon ore in the United States exceeds 700 million tons, which is about an order of magnitude more than the annual cement production in the United States, around 80 million tons.The use of carbon ore by C-Crete will offer a new alternative feedstock for building materials.
C-Crete Technologies works at the crossroads of materials science, nanotechnology, multiscale computations, predictive analytics, software, hardware, and manufacturing to create the next generation of breakthroughs for a low-carbon, energy-efficient world.
Cupix | November 17, 2021
Cupix, the high-growth pioneer of cutting-edge 3D digital twin solutions for architecture, engineering and construction (AEC) industries and facility owners, announced the launch of Site Insights, a powerful new feature of its CupixWorks 3D digital twin technology platform, to track progress seamlessly and stay one step ahead of changes. The end result is that projects run more smoothly, making it easier for owners to stay informed, and helping builders stay on time, on track and on budget.
One of the many unique key features of CupixWorks is the platform’s ability to combine information capture, ingestion, data analysis and context into a single system for tracking and managing construction progress. Site Insights expands the power of the CupixWorks platform by quantifying job-site context and progress data users can ingest and analyze to make actionable, data-driven decisions faster than ever before.
Site Insights will enable CupixWorks customers to leapfrog current visual project tracking by delivering on the widest range of quantifiable insights that ensure that projects remain on schedule and on budget. For example, Site Insights reveals the proper time to generate subcontractor invoices based on the percentage of completed work. Also, Site Insights can capture, quantify, and share percentage metrics on deviations that building elements experience between the original Building Information Management (BIM) file and as-built progress. This reduces errors and rework, and it provides a crucial metric that saves owners and project managers significant time and expenses.
“Job sites change daily, and general contractors and building owners need to extract high-value insights from progress tracking quickly and easily,Site Insights delivers that in a whole new way.”
-Simon Bae, CEO and founder of Cupix
The new feature will provide several innovative capabilities that are already in high demand, including:
As-Built Updating. On-site updating of BIM files is typically ignored or happens, at best, on a quarterly basis. With Site Insights, BIM managers and Virtual Design and Construction (VDC) specialists have a system to streamline and share as-built updates.
Error Identification & Rework Prevention. Critical errors are often missed or overlooked on-site. By having an intelligent system that can analyze data captured on site alongside BIM files, Site Insights can reduce deviation and site misses on a consistent basis.
Payment Reconciliation. By creating a single system and source of truth that tracks percentage completion of various project elements, owners, project managers and supervisors know when to generate invoices accordingly for general contractors and sub-contractors, preventing delays and removing friction from the payment process.
Progress & Schedule Updates. With better access to progress data on a regular basis, project managers can better schedule the flow of goods and services and prevent late deliveries.
About Site Insights:
Site Insights works seamlessly with the CupixWorks platform, the industry’s most advanced 3D digital twin platform, enabling facility owners, general contractors and project managers to build smarter, transforming any construction site into an easy-to-manage project, creating value across the entire life cycle of a property. No longer just available to only large organizations, CupixWorks is democratizing 3D digital twin technologies to become the de facto standard in the industry for its ability to make construction projects more efficient and profitable, especially when working remotely.
Site Insights is currently available via an invitation-only pilot program for AEC firms and building owners. It is already being deployed in construction sites around the world, where customers are finding new innovative ways to put it to good use. The pilot program aims to reveal use cases and capabilities that will complement the current feature before becoming generally available in the first half of 2022.
For more information or to receive a demo of the CupixWorks platform, please click here.
Cupix's mission is to empower contractors and owners everywhere to build smart. It offers the industry’s most flexible and easiest-to-deploy 3D digital twin platform for general contractors, owners and property managers. Whether for basic residential and commercial buildings, complex and highly technical facilities, or even roads and infrastructure projects, Cupix's solutions save time and money, eliminate surprises and empower secure collaboration across the entire lifecycle of any property.
FARO, HoloBuilder | June 08, 2021
FARO Technologies, Inc., a global leader in 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering, and Construction), and Public Safety Analytics industries, announced the purchase of HoloBuilder, Inc. today.
HoloBuilder introduces to FARO its industry-leading photogrammetry-based 3D platform, which provides hardware-agnostic image capture, registration, and viewing to the rapidly increasing Digital Twin sector. HoloBuilder's technology platform, with an initial focus on ConstructionManagement, offers general contractors a solution to easily capture and virtually manage construction progress using off-the-shelf 360° cameras.
HoloBuilder's SaaS platform will complement FARO's highly accurate 3D point cloud-based laser scanning with fast and easy reality-capture photo documentation and remote access capabilities to build the industry's first end-to-end Digital Twin solution—all without leaving the FARO ecosystem. The combined solution will offer comprehensive scanning and image management capabilities for the Digital Twin market, such as robotic assembly 3D simulation, construction management, facility operations and management, and incident pre-planning.
The agreement provided for a cash payout of $34 million to HoloBuilder shareholders. HoloBuilder has $4.0 million in annual recurring revenue as of April 30, 2021, with a compounded yearly growth rate of over 75% since 2019. The transaction was closed on June 4 and was funded with cash reserves available. Alantra served as HoloBuilder's exclusive financial advisor.
FARO has been providing industry-leading technology solutions that enable customers to measure their world and then utilize that data to make smarter decisions faster for over 40 years. FARO remains a leader in bridging the digital and physical worlds with data-driven reliable accuracy, precision, and immediacy.
HoloBuilder is a San Francisco-based technology company that designs, develops, and sells enterprise software that uses 360° photographs, machine vision, and artificial intelligence. HoloBuilder has customers in over 35 countries, and users have documented over 28,000 projects to date.