Business
Emerging Objects Introduces Mud 3D Printing
Today, when 3D printing is at its peak, anyone can find an affordable machine for themselves that can print with a large variety of consumable materials. Apparently, even regular mud can be a consumable, as Emerging Objects’ designers and architects demonstrated in practice.
Mud Frontiers proves that it’s viable to use 3D printing technologies instead of sculpting with your own hands with what you can find. The project started as an experiment to reproduce the handmade clay structures and pottery made of mud and clay taken from Sangre de Cristo and San Juan mountains, located in New Mexico and Colorado. The team then decided to start a much larger project, inspired by the fact that for centuries, the Natives of those lands created not only pottery, but also dwellings from nothing but mud.
The team’s efforts have led to the development of four unique experimental huts built with a mixture of clay soil and wheat straw – Beacon, Lookout, Hearth and Kiln. Beacon was created to find a way to make the wall as thin as possible. Its name was given due to the illumination of indentations along the wall at night, which makes it resemble a beacon. Lookout uses coils to create a staircase. Hearth has a curling mud bench inside that wraps around a fireplace in the middle of the structure. The last one, Kiln, was turned into a simple pottery workshop, returning to the production of clay pots.
The main workshop works mostly with juniper wood, which was also used as mud-wall reinforcement for Hearth: you can even see the bars sticking out. The walls were printed on a Potterbot XLS-1 3D printer, developed by 3D Potter. The printer is based on a rarely applied 3D printing technology named SCARA.
One or two operators working with the 3D printer can effectively replace a team of six sculptors. The printed structure is up to 2.75 meters in height and 2.5 meters in diameter when the system prints with 360-degree rotation.
The whole experiment was a kind of a response to the an article in the Smithsonian magazine called “40 Things You Need to Know About the Next 40 Years”. It’s particularly stated there that we will have to eat jellyfish (because nothing else will remain in the sea), the world will be ruled by artists, musicians, comedians and other creative personalities, and all the advanced structures will be built of mud.
Business
Black Banx Group — Third Quarter 2025 Results
FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025
Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025
Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.
Key figures for Q3 2025:
- Revenue: USD 4.3 billion
- Profit before tax (PBT): USD 1.6 billion
- Cost-to-income ratio: ≈ 62%
- Customer base (period-end): ~92 million clients
YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.
“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”
Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”
Business highlights:
- Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
- Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
- Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
- Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
- Strategic investments sustained in growth markets while preserving profitability and shareholder value.
Outlook:
With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.
About Black Banx Group:
Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.
Media Contact:
Black Banx Media Relations
Email: [email protected]
Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.
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