BOXABL Inc. Pursues Factory-Built Housing Scale as SPAC Merger Advances – InvestorBrandNetwork (IBN) Content Platform

✎ Contributed by Ty Griffin

BOXABL has appointed technology executive Shan Palaniappan as chief technology officer as it expands automation, software and AI capabilities across operations.
The company is pursuing a proposed merger with FG Merger II Corp. (NASDAQ: FGMC), with the combined company expected to trade under the ticker Nasdaq: BXBL.
BOXABL has already produced more than 800 housing units from its Las Vegas manufacturing facility and is targeting multiple residential and commercial market segments.
The company’s modular system is designed to support scalable deployment for single-family homes, multifamily housing, workforce accommodations, and hospitality projects.
Management sees long-term opportunity in combining home production with recurring service revenues tied to financing, insurance, and maintenance.

BOXABL, an innovative technology construction company on a mission to solve the global affordable housing crisis, is attempting to apply manufacturing principles more commonly associated with the automotive and consumer electronics industries to one of the least standardized sectors of the American economy: residential construction.

Headquartered in Las Vegas, Nevada, the company is building a factory-based housing platform centered on modular, foldable residential units that can be transported on standard trailers and quickly assembled on-site. BOXABL’s broader objective is to shift homebuilding away from fragmented…