SecureTech subsidiary AI UltraProd signs LOI for first US 3D-printed residential project
SCTH•SecureTech Innovations’ wholly owned subsidiary AI UltraProd signed a non-binding letter of intent to co-develop a residential project in Concord, California, beginning with an approximately 748-square-foot accessory dwelling unit.
1. Proposed project
AI UltraProd would partially fund development costs in exchange for an ownership interest, while the property owner would contribute the site and remaining funding. A second stage would add a two-story unit. The project is subject to definitive agreements, structural engineering and local building approvals.
