The startup manufactures structural composite materials that provide a lightweight, fully recyclable alternative to reinforced concrete and stiffened steel for construction applications. By offering factory-fabricated panels and modular units, the company enables contractors and builders to reduce material waste and labor costs while enhancing project sustainability.
Funding
$3.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional construction materials like reinforced concrete and stiffened steel can be heavy, difficult to recycle, and generate significant waste during fabrication and installation. This leads to increased project costs, longer construction timelines, and negative environmental impacts.
Solution
SPS Technology manufactures structural composite materials based on its proprietary Sandwich Plate System (SPS), offering a lightweight and recyclable alternative to traditional materials. SPS consists of two metal plates bonded by an Elastocore core, providing a high strength-to-weight ratio. The company provides factory-fabricated panels and modular units, enabling contractors and builders to reduce material waste, lower labor costs, and enhance project sustainability. SPS is used in maritime, offshore, stadia, bridge, and building applications, providing solutions for new construction, repairs, and upgrades.
Target Audience
The primary target audience includes civil engineers, architects, contractors, and builders in the maritime, offshore, stadia, bridge, and building sectors seeking sustainable, lightweight, and high-performance structural solutions.
Features
- High strength-to-weight ratio, enabling longer spans and lighter support structures
- Prefabricated modular components for faster on-site installation and reduced labor costs
- Fully recyclable materials, promoting sustainability and reducing environmental impact
- Cold work repair solutions, eliminating the need for hot work and reducing downtime
- Enhanced blast and ballistic protection for increased safety and security
- Customizable shapes and thicknesses to meet specific project requirements
- Class-approved solutions for maritime and offshore applications
- Resistance to fire, chemicals, and corrosion for long-term durability