For gunite, they mix dry portland cement with sand and gravel in the proper oroportions, then meter it through a hose with high pressure air. When it reaches the nozzle, they mix it with water. Shotcrete I believe may be shot wet. That means that you have to shoot the whole batch pretty quickly before it sets up.
The shooting is under pressure and makes it a much denser product and it is harder. If you seal that from moisture, it will last many generations.
Was wondering what they were using for insulation as the R value is fairly low for dense cement.
That process has been used for both swimming pools and for ship building. (there are quite a few ferrocement ships out there.) I have seen very large swimming pools lifted out of the ground by flooding - they come out of the soil all in one piece and have been known to float away.