Versarien PLC (AIM:VRS, OTC:VRSRF) has been awarded a contract by Building For Humanity, a community interest company, for its flagship Charter Street project in Accrington, Lancashire.
The contract, initially worth approximately £200,000, will see Versarien providing 3D construction printing (3DCP) input at all stages of the project, from design to construction.
Versarien had previously signed a letter of mutual commitment to support the Charter Street project, which will involve the development of 46 high-quality affordable homes in five blocks, along with associated infrastructure led by Building For Humanity.
The initial phase will involve the construction of the first housing block and the community hub.
Under the contract, Versarien will initially provide support to ensure alignment of the design with the 3DCP printing parameters, followed by the provision of staff and full printing services during the construction stage.
Stephen Hodge, Versarien’s chief executive, commented: “This initiative is the first 3D housing construction project in the UK and one ideally suited to the services we can provide.
“This project is a pivotal opportunity to showcase Versarien's capabilities in enabling low-carbon, efficient construction solutions."