Concrete.ai Readies for Commercialization its Software Platform that Reduces Cost, Embodied Carbon of Concrete Construction
HOLCIM LTD UNSP/ADR (HCMLY)
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Source: GlobeNewswire
LOS ANGELES, June 29, 2022 (GLOBE NEWSWIRE) -- Concrete.ai is readying for commercialization its pioneering data science platform that reduces costs and embodied carbon intensity (CO2e) in concrete construction. Furthermore, it is adding a Chief Technology Officer, Head of Engineering, five advisory board members and has executed a worldwide, exclusive license from UCLA for the underlying technology. Concrete.ai’s platform delivers unparalleled reductions in the cost and CO2e of ready mixed and precast concrete used in construction by applying Artificial Intelligence to optimize concrete design and production. The result is a highly optimized, cost-effective concrete that fulfills all engineering performance characteristics, while utilizing locally available raw materials to ensure safety, longevity and code-compliance. The company completed pre-commercial pilot testing with several of the largest cement and manufacturers which showed the technology reduced the material costs and
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