Founded in Denmark in 2012, Odico Formwork Robotics is transforming the construction industry with novel robotics solutions. Their technology generates moulds for concrete casting. It replaces manual work and enables concrete manufacturers to slash formwork manufacturing costs by up to 88%. Odico has completed several high-profile construction projects, such as the Opus Dubai building designed by Zaha Hadid Architects.
Strategic funding reduces innovation risk
In collaboration with Teknologiudvikling, Odico has successfully funded two R&D-projects from two different EU Grants.
“We currently have multiple R&D projects running simultaneously – some are at the Proof-of-Concept stage, while others are closer to market. Thanks to soft funding from two EU programs, we are expanding our R&D capacity and gearing up for rapid market launch of two new innovations,” notes Odico co-founder and CTO, Asbjørn Søndergaard.
The SmartStair project has been funded by the EIC Accelerator program, which will allow Odico to validate a breakthrough formwork production system and capture market share in the lucrative concrete staircase segment.
The RoboCrete project, on the other hand, focuses on using a novel wax composite formula to produce formworks that are fully sustainable. Funded by Eurostars, this project integrates wax formwork technology and know-how from Technische Universität Braunschweig – Institute of Structural Design and testing the demonstrator with Beton und Naturstein Babelsberg GmbH, a leading concrete manufacturing company in Germany.
In collaboration with Teknologiudvikling, Odico and their project partners have been awarded over 1.7M € from the EIC Accelerator and Eurostars programs.