DUBAI, UAE - February 14, 2025 (NEWMEDIAWIRE) - Blackwell 3D Construction Corp. (OTC: BDCC) ("Blackwell 3D" or the "Company"), an innovative 3D house printing technology company, is thrilled to announce that it has officially placed an order for a cutting-edge 3D printing machine, marking a significant step forward in its mission to revolutionize the construction industry. To confirm this strategic investment, the Company has made an initial advance payment, reinforcing its commitment to leveraging next-generation technology for faster, more efficient, and sustainable building solutions.
A Major Milestone in the Future of Construction
This acquisition represents a pivotal moment for Blackwell 3D as it prepares to introduce large-scale 3D-printed structures to the Dubai real estate market. The new technology will enable the company to streamline construction processes, reduce material waste, and unlock unprecedented architectural possibilities.
Mohammad Saif Zaveri, CEO of Blackwell 3D, highlighted the impact of this investment:
"This marks a new era for construction in the region. With this 3D printing technology, we are setting the foundation for a more efficient, cost-effective, and environmentally friendly approach to building. Our goal is to redefine how structures are designed and delivered, making high-quality, sustainable housing and commercial spaces more accessible."
"We have been working for months to design the best 3D printer for use with our AI technology and we are proud to announce our first order of this new printer that we are terming Blackwell One' has been ordered. We expect that our cutting-edge printer will take us to the next level."
Key Benefits of the 3D Printing Machine
Accelerated Construction Reduces project timelines dramatically, allowing buildings to be completed in a fraction of the time compared to traditional methods.
Cost Savings Lowers labor costs and optimizes material usage, making construction more affordable.
Eco-Friendly Reduces construction waste and carbon footprint, supporting global sustainability goals.
Advanced Design Capabilities Enables the creation of intricate, customizable structures with high precision.
Mitesh Rasaikar, CTO of Blackwell 3D, stated:
"This is a game-changing moment for us. The capabilities of this 3D printing machine will allow us to bring innovative, sustainable, and structurally sound designs to life at an unprecedented scale. We are not just building structures; we are shaping the future of construction technology, making it smarter, faster, and more eco-friendly. We chose this manufacturer as they will be able to meet our demands of future printers as we ramp up operations to meet the anticipated demand in the sector."
What's Next?
With the 3D printing machine set to arrive in the coming months, Blackwell 3D is preparing to launch its first set of pilot projects, demonstrating the full potential of this cutting-edge technology. The company is committed to leading the transformation of Dubai's real estate and construction sectors, setting new benchmarks for innovation and sustainability.
"Concurrently with this milestone, we are in advanced discussions with a major real estate development company in Dubai, exploring a partnership that will shape the future of our upcoming projects," added Zaveri. "We expect that these discussions will continue through the weekend after the Holiday in the region today."
For further information about Blackwell 3D, please visit www.blackwell3d.com or refer to filings available at www.otcmarkets.com and www.sec.gov.
About Blackwell 3D Construction Corp.
Blackwell 3D Construction Corp. is focused on developing state-of-the-art 3D technologies for use in the construction industry. Our goal is to be able to use our technology to design 3D printed residential structures and that meet our clients' specific requirements and preferences. In addition, it is our objective to use a large-scale printer and a specialized concrete mixture to print the structural components of these residential structures. Our printing process is expected to be highly automated, allowing us to create intricate designs and details with precision.
Important Notice Regarding Forward-Looking Statements
This Press Release contains certain "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended. Statements that are not historical facts, including statements about the Company's review of potential financing and strategic alternatives, the Company's research and development efforts, the Company's prospects for 2024, and the Company's ability to fine tune its operations, are forward-looking statements. The words "expect," "believe," "estimate," "intend," "plan" and similar expressions indicate forward-looking statements, although not all forward-looking statements contain these or similar identifying words.
These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated. Such risks and uncertainties include, but are not limited to: Blackwell 3D's ability to continue as a going concern; Blackwell 3D's ability raise additional capital to fund its business on acceptable terms or at all; Blackwell 3D's ability to negotiate and consummate a financing or other strategic transaction; changes in the competitive industries in which the Company operates and variations in operating performance across competitors; changes in laws and regulations affecting Blackwell 3D's business; the risk of downturns in the market and Blackwell 3D's industry; risks related to the uncertainty of the projected financial information with respect to Blackwell 3D; risks related to Blackwell 3D's limited operating history and history of losses; the timing of expected business milestones; Blackwell 3D's ability to implement its business plan and scale its business; Blackwell 3D's ability to formulate, implement and modify as necessary effective sales, marketing, and strategic initiatives to drive revenue growth; Blackwell 3D's ability to expand internationally; the viability of Blackwell 3D's intellectual property and intellectual property created in the future; government regulations and Blackwell 3D's ability to obtain applicable regulatory approvals and comply with government regulations; and the outcome of any legal proceedings that may be instituted against the Company. A further list and description of risks and uncertainties can be found in the most recent filings with the Securities & Exchange Commission (www.sec.gov) along with additional disclosure made available with the OTC Markets Group Inc. (www.otcmarkets.com). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
