LOS ANGELES, CA - May 19, 2026 (NEWMEDIAWIRE) - 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.

• 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., 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.

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…

Read More

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law

This contant was orignally distributed by NewMediaWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is BOXABL Inc. Pursues Factory-Built Housing Scale as SPAC Merger Advances.