BOXABL NEW U.S. PATENTS ON CONSTRUCTION TECHNOLOGY

Game-changing building technology startup Boxabl announced today that they have filed two additional building technology patents with the United States patent authorities. This adds to the company’s initial three issued patents, which protect Boxabl’s intellectual property and create an entirely new product category.

Boxabl’s concept allows customers to order fully customized homes or commercial buildings, which can be shipped next day to construction sites. Boxabl’s patented shipping and packing technology allows for mass production of standard Boxabl rooms, which decreases construction time at a fraction of the cost of traditional methods.

“Boxabl will create a dramatic societal shift in housing accessibility by creating something the world has never seen before: true mass production of buildings, in a factory, on a large scale,” said Galiano Tiramani, Chief Strategy Officer of Boxabl.

Boxabl achieves these cost savings through standardizing the basic room design allowing repeatability in manufacturing. This simplification of the basic room design not only allows for efficient manufacturing, but enormous customizability. Boxabl box “blanks” will be inventoried for next day shipping to building sites.

With the global market for construction estimated to hit $10 trillion by 2020, processes like Boxabl, which utilize advanced construction technology, are poised to have a dramatic effect on the building industry. Designed to be easier and more cost effective to ship than other manufactured building solutions, each 750-square-foot room can be packed in on itself and towed behind a standard sized pickup truck for fast affordable shipment.

“We’re committed to building all of our projects with factory produced, standardized units within the next five years,” says Caleb Roope, Founder and CEO of The Pacific Companies, one of the nation’s top affordable housing developers and an advisor to Boxabl. “We will work with the Boxabl team to help make this a reality.”

Poised to bring a common standard to the way builders approach residential and light commercial projects, Boxabl technology will also serve as a solution to housing shortages caused by natural disasters, such as the recent devastating hurricanes and wildfires affecting Texas, Florida and California. Standard Boxabl rooms can be pre-manufactured and stored for fast and easy deployment at a moment’s notice by road, rail, sea or air to help those in need. The rooms can then be connected onsite during recovery efforts and then later repurposed into general infrastructure such as schools, businesses, libraries and more.

Boxabl is a project of the Las Vegas-based intellectual property and development company 500 Group. The company is also currently examining potential sites for a manufacturing facility in North Las Vegas.

To view or download the Boxabl whitepaper, please visit boxabl.com/whitepaper.pd

About Boxabl:

Boxabl allows customers to create a custom home with factory built rooms, shipped to the construction site and connected into a finished building. Boxabl’s patented shipping and packing technology allows for mass production of standard Boxabl rooms, which decreases construction time at a fraction of the cost of traditional methods. Boxabl is a project of the Las Vegas-based intellectual property and development company 500 Group.

For more information visit www.Boxabl.com or find us on Facebook (www.facebook.com/boxabl) and Twitter (@_Boxabl).

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