Blackwell 3D Acquires Operating Dubai LLC, Inches Closer to Project Readiness

DUBAI, UAE, April 25, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Blackwell 3D Construction Corp. (OTC: BDCC) ("Blackwell 3D” or the "Company"), an innovative 3D house printing technology company focused on revolutionizing the construction industry by printing environmentally friendly 3D homes in a fraction of the time and at a fraction of the cost of traditional homes, is pleased to announce that it has acquired a 100% ownership interest in Blackwell Realtech 3D Printing Construction LLC (“Blackwell Realtech”), a Dubai limited liability company. This strategic move marks a significant development for Blackwell as it underscores its commitment to achieving project readiness in short order. In exchange for a 100% ownership stake in Blackwell Realtech, the Company has agreed to issue 1,000,000 restricted shares of its common stock.

The acquisition of Blackwell Realtech aligns seamlessly with Blackwell 3D’s growth plan, providing several key benefits:

1. **Enhanced Technological Expertise**: Blackwell Realtech brings extensive experience and expertise in 3D printing construction technology. This addition to Blackwell's portfolio strengthens its position as an industry leader in adopting cutting-edge solutions.

2. **Diversification of Services**: By integrating Blackwell Realtech into its operations, Blackwell expands its service offerings to include advanced 3D printing construction solutions. This diversification enables the company to cater to a broader range of client needs and projects.

3. **Operational Synergies**: The acquisition facilitates operational synergies between Blackwell 3D and Blackwell Realtech, optimizing resource utilization, and streamlining processes. This integration enhances efficiency and productivity across the organization.

4. **Market Expansion**: With Blackwell Realtech under its umbrella, Blackwell gains access to new markets and opportunities in the burgeoning field of 3D printing construction. This expansion broadens the company's reach and strengthens its competitive position.

Commenting on the acquisition, Mohammedsaif Zaveri, CEO of Blackwell 3D, stated: "We are thrilled to welcome Blackwell Realtech to the Blackwell 3D family. This acquisition represents a strategic milestone in our journey towards innovation and growth. By combining our strengths, we are poised to deliver unparalleled value to our clients and drive positive change in the construction industry."