Alquist and Walmart Inc. (NYSE: WMT) Forge Groundbreaking Partnership in 3D Construction Printing

Core Insights - Alquist is partnering with Walmart Inc. and other retailers to execute over a dozen 3D-printed construction projects across the U.S., representing the largest deployment of 3D construction printing technology in the country [1][5] - The partnership model involves Hugg and Hall financing and servicing Alquist A1X printers, allowing FMGI to own and lease these printers for large-scale projects [1][5] - The collaboration aims to reduce costs, improve build times, and promote sustainable building practices [2][5] Company Developments - The first project under this partnership will commence in Lamar, Missouri, in December, marking Alquist's third project with Walmart [2] - Alquist has established its headquarters in Greeley, Colorado, and is expanding through educational partnerships to train the future workforce in sustainable building solutions [4] - The partnership is expected to redefine construction in America by accelerating building processes and reducing waste [4] Market Impact - Walmart's stock has received an "Outperform" rating from Telsey Advisory and Evercore ISI, with price targets raised to $130 and $115, reflecting the positive outlook on the partnership's impact [2][5] - The projects signify a shift in the construction industry as 3D construction printing moves from pilot projects to full-scale commercialization [3] - The technology is praised for its faster mobilization, cleaner operations, and consistent quality, aligning with Walmart's strategic goals [3]