BOXABL (NASDAQ: BXBL) is using its factory-built modular housing platform to target the persistent U.S. housing shortage and affordability crisis, following its recent Nasdaq listing. The company aims to improve construction efficiency, cost predictability, and scalability by shifting much of home production into its roughly 400,000-square-foot Las Vegas factory, where it is incorporating automation, robotics, AI, and digital manufacturing. Its folding modular technology currently centers on the 361-square-foot Casita, while larger one- and two-bedroom units and configurations designed for single-family, multifamily, hotel, workforce-housing, and mixed-use applications are also being developed. BOXABL estimates a U.S. housing need exceeding 5 million homes and a total addressable market of approximately $2.2 trillion, while initially focusing on the estimated $36 billion modular and manufactured housing market.
To view the full article, visit https://nnw.fm/0SIOu
About BOXABL Inc.
BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’s flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes. For more information, visit the company’s website at www.BOXABL.com/ir.
NOTE TO INVESTORS: The latest news and updates relating to BXBL are available in the company’s newsroom at https://nnw.fm/BXBL
About NetworkNewsWire
NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: https://www.NetworkNewsWire.com/Disclaimer
NetworkNewsWire
Austin, Texas
www.NetworkNewsWire.com
512.354.7000 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is powered by IBN