PT Blink joins NVIDIA Inception to accelerate property platform and marketplace
Sydney, Australia, 22 February 2024 – Property technology company PT Blink today announced it has joined NVIDIA Inception, a free program that nurtures cutting-edge technology companies revolutionising industries through technological advancements.
Leveraging the full potential of AI, machine learning (ML) and real-time physics data, PT Blink will use the abundant resources available through NVIDIA Inception to accelerate its platform and marketplace development. These include access to technical assistance and high-level personnel and the opportunity to collaborate with industry-leading experts and other AI-driven organisations.
“Joining NVIDIA Inception helps us to tap into the intelligence of the world leader in AI and adopt NVIDIA technology to enhance our own. NVIDIA Omniverse and OpenUSD are an exciting and powerful combination, creating a great platform on which we will build applications and services to provide a collaborative design system and digital marketplace to our ecosystem of offsite manufacturing partners,” says PT Blink CEO Wayne Larsen. “We are thrilled at our acceptance into the program and the potential to transform the global property market through technology.”
PT Blink’s unique Blink DMI® process and patent-protected technology empower property owners and developers to freely design and manufacture offsite a set of parametrically designed assemblies and quickly integrate them onsite into multi-storey buildings. Integrating PT Blink’s digital and physical intellectual property, the platform enables products and assemblies to be selected from an interactive digital marketplace populated by accredited manufacturers and applied to property developments. The result is real buildings that conform to any architecture, which are produced by leveraging the capacity of existing manufacturers and rewarding them for their IP.
Accelerating project time by at least 40%, decreasing upfront and operating costs and slashing waste in all forms, the technology can increase the Internal Rate of Return (IRR) and yield for property owners and developers by 50% or more. This changes the economics of property delivery and ownership entirely.
PT Blink is using NVIDIA Omniverse as a core technology to enhance the accuracy of manufactured parts and assemblies through real-time digital twins, physics simulations and AI to optimise the design, delivery and operation of the built environment. Omniverse enables seamless integration with incumbent industry software, allowing easy transfer and integration of manufacturers’ products and assemblies into the PT Blink platform. The application of PT Blink’s proprietary parametric algorithm enables precise interaction between each product and assembly, particularly in the design of complex multi-storey buildings.
Blink DMI enables intelligence features such as the integration of smart sensors in the physical fabric of the building at a component level, providing valuable data to drive sustainability throughout the building’s lifecycle via a digital Lifetime Twin™.
NVIDIA Inception helps startups during critical stages of product development, prototyping and deployment. Every NVIDIA Inception member gets a custom set of ongoing benefits, such as NVIDIA Training credits, preferred pricing on NVIDIA hardware and software, and technological assistance, which provides startups with the fundamental tools to help them grow.
___________________________________________________________________________________________________
About PT Blink
PT Blink is creating a unique technology platform and digital marketplace that enables the offsite manufacture of buildings rather than constructing them traditionally. PT Blink reduces property project risks and maximises returns for owners and developers by bringing visibility, control, assurance and modern manufacturing precision to any property asset.
By licensing PT Blink’s patented technology platform and Blink DMI® (Design-Manufacture-Integrate) method of project delivery, owners and developers can minimise the risk of time and cost overruns that often occur in traditional construction projects. PT Blink’s infinitely flexible geometry and parametric modelling enable millimetre-precise component manufacturing and mass customisation for any architectural design, while reducing project time by up to 40%, minimising waste and risk of worker injury, and enabling smart asset operation.
PT Blink®, Blink DMI® and Blink Backbone® are registered trademarks of PT Blink Limited and its licensed subsidiaries.
