Walmart (WMT) continued to build its reputation as a technology company today, as construction company Alquist 3D agreed to print a series of new buildings for the retail giant.
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3D Expansion
Walmart, which joined the tech-heavy Nasdaq index yesterday, was boosted by Alquist, which announced it will now print over a dozen new Walmart buildings.
This is reportedly the largest-scale commercial real estate deployment of this tech, which to date has mostly been used for building houses.
Last year Alquist agreed to work with Walmart on a nearly 8,000-square-foot 3D-printed addition to its store in Athens, Tennessee for online order pickup and delivery services. It is the largest 3D-printed commercial structure in the U.S. The second project, a 5,000-square-foot Walmart pickup center in Huntsville, Alabama took only seven days to complete.
Walmart Makes Symbolic Move
3D printing essentially converts digital building plans into physical parts and components. The global 3D printing construction market size was estimated at $53.9 million in 2024 and is expected to reach $4.18 billion by 2030.
Walmart shares rose today as investors continued to welcome its Nasdaq debut. Analysts at Jefferies said that the move is “more than symbolic” as it positions Walmart for Nasdaq 100 inclusion. That could drive incremental passive inflows from index-tracking funds and “reinforce its narrative as a tech-powered omnichannel retailer.”
It has built strong foundations this year – not just in a 3D shape. This year Walmart has continued its tech drive with an Open AI partnership and GenAI innovations such as its Sparky chatbot.
That matters given how important making strides, both horizontally and vertically, in tech and innovation is these days to a retailer – see above.
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