Big Sun Holdings Group, Inc. (BSH), the parent of construction 3D printing company Black Buffalo 3D, formed a long-term strategic financing partnership with Ethos Asset Management. Ethos, a private project financing provider with global operations, has committed to providing long-term capital to support Big Sun Holdings’ role as the global accelerator for all products, services, and values in the U.S. on behalf of HN, Inc.–formerly Hyundai BS&C Co. Ltd.
“Our partnership with Ethos allows our U.S.-based businesses to expand manufacturing of 3D construction printers, production of cement ink and development of blockchain-based IoT solutions to match international demand,” said Michael Woods, CEO of Big Sun Holdings. “There is a universal need for infrastructure improvements and our businesses are perfectly aligned to drive improvements throughout the world.”
Carlos Santos, CEO of Ethos Asset Management, added: “We are delighted to be able to support BSH through our Classic Financing Facility (CFF). We recognize the importance of the innovative real estate, blockchain, and IoT that BSH has put in place. We wholeheartedly support BSH’s vision to lead the convergence of convenient, customized and secured IoT systems combined with the development of 3D construction projects.”
Big Sun Holdings was established in 2020 with two subsidiaries, Black Buffalo 3D Corporation – provider of 3D construction printers and supplies – and Flash Lab Corporation, offering consulting and smart application IoT solutions that run on the blockchain. Over the past year, the company expanded with three additional businesses, Big Sun Modular, Big Sun Development and a soon-to-be-announced European-based joint venture focused on tourism destinations, to provide a complete, and efficient approach to sustainable development and resiliency.
As the U.S. based subsidiary of HN Inc. based in South Korea – formerly Hyundai BS&C Co. Ltd. – Big Sun Holdings Group specializes in increasing the understanding and adoption of new technology – 3D construction printers, smart contract applications, blockchain enhanced IoT data – to improve the physical and digital infrastructure needed to create smart cities and sustainable infrastructure that benefits everyday living across all economic levels throughout the globe.
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June 05, 2021 at 06:36PM
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Black Buffalo 3D parent company signs deal for long term financing - 3DPMN
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