Modulex Modular Buildings, a leading ConstrucTech company harnessing emerging technologies like AI, blockchain and IoT to efficiently meet burgeoning housing and infrastructure needs, was featured in the Bell2Bell Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. PHP Ventures Acquisitions Corp. (NASDAQ: PPHPU, PPHP, PPHPR, PPHPW), a special purpose acquisition company, entered into a definitive business combination agreement pursuant to which it would merge with and into Modulex Modular Buildings Plc (the “target”) and Modulex Merger Sub, wholly owned subsidiary of the target. Upon closing of the business combination, expected in the second quarter of 2023, the combined company intends to remain listed on the Nasdaq under the ticker symbol MDLX.
Suchit Punnose, the company’s founder and CEO, joined Bell2Bell’s latest episode to discuss Modulex and how it is addressing various issues facing the traditional construction industry. “Modulex is about delivering real estate version 2.0. To us, real estate version 2.0 is carbon-net-zero-certified buildings, which are manufactured, not constructed. They are designed using AI with blockchain-based quality assurance and IoT-enabled smart features,” Punnose said. “All of those features encompass to us what future real estate version 2.0 stands for. It’s very topical for us to appreciate that; globally, there is a significant overhang in terms of demand for affordable housing, health care, student accommodation and various other real estate asset classes, which are required in both developed economies and the global markets of the future.”
To view the full press release, visit https://nnw.fm/yRZLj
Modulex is a leading ConstrucTech company harnessing emerging technologies like artificial intelligence, blockchain and internet of things (“IoT”) to meet burgeoning housing and infrastructure needs at a pace and with optimal cost efficiency. Modulex is an incubation promoted by Red Ribbon Asset Management Plc, a Mainstream Impact Investing company, which intends to take disruptive construction technology to emerging and growth markets where there is an urgent need for infrastructure such as health care, offices and affordable housing. For more information, visit the company’s website at www.Modulex.in.
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
New York, New York
NetworkNewsWire is part of the InvestorBrandNetwork.