Winners included innovations for reusable framing for sustainable construction and hydrogen production tech, and innovators transforming Aotearoa New Zealand’s clean tech economy, simplifying the manufacture of important biologic pharmaceuticals, and developing natural menstrual care products.
The commercialisation impact award celebrates excellence in research commercialisation delivering outstanding innovation performance and the potential for generating significant economic impact for New Zealand. The winner of the MAS Commercialisation Impact Award was XFrame and Wellington UniVentures: Reusable framing for the next generation of sustainable construction.
Approximately half of all New Zealand’s waste—about 1.6 million tonnes every year—is generated by the construction sector. XFrame, a game-changing framing system, has the potential to eliminate waste and reduce the raw materials used by the building industry. Every component of the XFrame system is designed to be disassembled 40% faster than conventional building methods and reused at the end of the building lifecycle —an architectural solution promising to transition the building sector to a circular economy without compromising the growth and development of communities.
Developed by Ged Finch while completing his Master’s in Architecture at Victoria University of Wellington, XFrame has experienced rapid growth supported by investment, expertise and connections through Wellington UniVentures, KiwiNet and Innovyz. Since its spin-out in 2019, XFrame has closed three successful capital raises and delivered projects to tier one customers in New Zealand, Australia, the United States, and Brazil.
In its first year of public sales, XFrame kept six tonnes of construction waste out of the landfill and sequestered 35 tonnes of carbon dioxide. Now fast approaching broad market release, and with revenues increasing 14-fold, XFrame is a stellar example of a commercialisation project made possible by ecosystem support, scaling rapidly with huge potential for impact.
For further coverage of the awards, click here
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