User:ScienceAdvisor/sandbox2
| Company type | Private |
|---|---|
| Industry | Housing |
| Founded | 2017 |
| Founders |
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| Headquarters | |
Key people |
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| Products | Compact and modular homes |
| Website | www |
Boxabl is an American housing construction technology company based in Las Vegas, Nevada.
It was founded in 2017 by Paolo Tiramani, Galiano Tiramani and Kyle Denman to supply accessory dwelling units (ADUs).[1][2]
History
Boxabl was started in 2017 by Paolo Tiramani, an industrial designer and mechanical engineer who holds over 150 patents, his son Galiano Tiramani and mechanical engineer Kyle Denman.[3][4][5]
The company started with $2 million by the co-founders and has raised a total of $150M in funding over 4 rounds, as of September 2022.[6][7]
Paolo Tiramani's Build IP LLC licenses patents to Boxabl.[8]
The company’s initial production facility was designed by Porsche.[9]
In September 2020 the company received its first order, a federal contract for more than $9 million to build and deliver 156 casitas for Camp Justice, the Guantanamo military commission, to hold lawyers and juries for detainee trials.
Galiano Tiramani said "We didn't even have a factory or anything" when the order was placed. The units ended up leaky and moldy.[8][10][11][12][13]
The company also participated as an exhibitor in the International Builders' Show, which was held in Las Vegas in January 2020.[14] In May 2021, CBS News reported on Boxabl's appearance at that year's TinyFest California small home show.[15]
After Boxabl hinted that Elon Musk had ordered a Boxabl unit in 2020, the company began to receive media attention for it in August 2021. Musk confirmed his purchase in September 2021.[2][16][17][18]
In May 2022, the company announced a partnership agreement with homebuilder DR Horton, which included an investment and resource sharing, including a phase 1 order of 100 Casita homes.[19][20]
In 2022, the company opened its second factory building, though in early 2023 it remained unequipped for production.[21][22]
Boxabl's revenue for the first half of 2022 was $7.6 million, with a net loss of $31 million.[23]
The Pronghorn Group purchased 176 casitas in 2022 and has received "dozens" of them to use as workforce for the Bagdad copper mine in Bagdad, Arizona.[21]
Products
Boxabl provides pre-fabricated homes, called Casita, which have walls, a floor and roof that fold into each other to form a self-contained transportable unit.[1] T
he homes can be unpacked and assembled in less than an hour.[1][24]
The homes are manufactured in an assembly line similar to automobile assembly lines.[11]
The houses are made with materials including steel, ceramic boards and expanded polystyrene foam.[6][11]
The company's flagship model is a 375 square foot $50,000 home that ships in an eight foot long container.[13]
Various models can be stacked and configured into a variety of configurations.[13]
The company reported that it could produce a new home every 90 minutes, though in a year, the company built under 400 homes.[21][25]
By early 2023 there were 160,000 entries on the casita waitlist with $5.4 million in deposits, though $1 million in deposits had been refunded.[21][26]
In 2023 at the International Builders Conference, Boxabl showcased a new two-story home containing three bedrooms, two and a half baths, and an outdoor patio.[27] [28]
Boxabl also has plans to introduce house styles such as multifamily and suburban mansion designs.[29]
Operations
Boxabl is headquartered in Las Vegas, Nevada, and has a factory in Northern Las Vegas.[11]
Paolo Tiramani is the company's CEO.[11]
Hamid Firooznia was on Boxabl's three-member board from June 2020 until sometime after January 10 2023.
He had been actively involved with the Iranian shell companies that illegally owned 650 Fifth Avenue since at least 2017.
Galiano said "This is just a guy that, you know, we have a lot of respect for, who is giving solid advice."[21][8]
References
- ^ a b c Quinones, Todd (May 14, 2021). "North Las Vegas company creating affordable housing in a box". KTNV. Retrieved August 17, 2022.
- ^ a b Chang, Brittany; Levin, Tim (August 8, 2021). "Elon Musk reportedly lives in a $50,000 prefab tiny home that already has a 100,000-unit wait list — see inside a unit". Business Insider. Retrieved August 17, 2022.
- ^ "Homes of Mass Production: Q+A with Boxabl's Galiano Tiramani". builderonline.com. 2022-09-01. Retrieved 2022-09-23.
- ^ "Modular Manufacturer, Boxabl, uses Saniflo Rear Discharge Toilets for plumbing". saniflo.com. Retrieved 2022-09-23.
- ^ Meisenzahl, Mary. "These shipping containers unfold into $50,000 tiny homes that can be stacked into custom buildings — here's how they work". Business Insider. Retrieved 2022-09-23.
- ^ a b Admin (May 19, 2021). "A Tiny Home in a Backyard? Boxabl Says Yes. But It Depends on Where You Live". Inter-tech-ion. Retrieved August 17, 2022.
- ^ "OFFERING CIRCULAR BOXABL INC". sec.gov. 2022-09-14. Retrieved 2022-10-05.
- ^ a b c "OFFERING CIRCULAR DATED APRIL 1, 2022 BOXABL INC". sec.gov. 1 April 2022. Retrieved 16 September 2022.
- ^ "Boxabl looks to create a better housing solution". HBS Dealer. Retrieved 2022-10-05.
- ^ Carol Rosenberg (16 September 2022). "At Millions Per Detainee, Guantánamo Prison Stuck in a Cycle of Costly Delays". nytimes.com. Retrieved 16 September 2022.
- ^ a b c d e Hudson, Subrina (September 19, 2021). "North Las Vegas company aims to deliver affordable modular homes". Las Vegas Review-Journal. Retrieved August 17, 2022.
- ^ Orrall, Jesse (July 24, 2021). "Boxabl aims to build foldable homes that cut costs, go up fast". CNET. Retrieved August 17, 2022.
- ^ a b c Newsource, C. N. N. (January 4, 2022). "North Las Vegas-based Boxabl racks up 70K-person waitlist for tiny homes amid housing crisis". KESQ. Retrieved August 17, 2022.
- ^ "Tiny, modular homes introduced at International Builders' Show". calgarysun. Retrieved 2022-10-05.
- ^ "Learn more about tiny homes at TinyFest California". CBS News. May 14, 2021.
- ^ Rosen, Larry (July 14, 2021). "Is the future a home that unfolds?". The San Francisco Examiner. Retrieved August 17, 2022.
- ^ Jain, Sanya (November 15, 2021). "No, Elon Musk Does Not Live In A Boxabl Tiny Home. Here's What He Tweeted". NDTV.com. Retrieved August 17, 2022.
- ^ Chang, Brittany; Levin, Tim (August 5, 2022). "Yes, Elon Musk Owns a Boxabl, Here's Everything You Need To Know". Business Insider. Retrieved September 7, 2022.
- ^ "D.R. Horton invests in Boxabl, agrees to first phase 100-unit order". Seeking Alpha. May 24, 2022. Retrieved August 18, 2022.
- ^ Jackson, Margaret (October 13, 2022). "Box It Up — This Company's Technology Is Aimed At Making Housing Affordable". Yahoo Finance. Retrieved November 4, 2022.
- ^ a b c d e Daniel Geiger; Alex Nicoll (6 February 2023). "A tiny-home startup has attracted 160,000 customers, including Elon Musk. But disgruntled customers, an empty factory, and a tie to an alleged Iranian agent cloud its future". Business Insider. Retrieved 8 February 2023.
- ^ "Startup that created Elon Musk's foldable house opens a new factory". Freethink. Retrieved 2022-10-05.
- ^ Caleb Naysmith (16 November 2022). "Boxabl, The Startup That Made Elon Musk's Tiny Home, Reports $7 Million Revenue Jump After Releasing First Half 2022 Financials". yahoo.com. Retrieved 17 November 2022.
- ^ "These New $49K Prefabs Can Snap Together Like LEGO Bricks". Decor Report. Retrieved August 17, 2022.
- ^ "$50K for a foldable tiny house? The Boxabl dream explained". CNET. July 24, 2021. Retrieved August 17, 2022.
- ^ Naysmith, Caleb. "'A New House Every Minute': How Boxabl's Modular Home Platform Is Making Affordable Housing A Reality And Attracting A Waitlist Of Over 160,000". Benzinga. Retrieved 2023-03-01.
- ^ "Why Have 40,000 Investors Bought into Boxabl? - Grit Daily News". 2023-02-20. Retrieved 2023-03-01.
- ^ Newsource, C. N. N. (2023-02-03). "Company unveils 3 bedroom tiny home for $150,000". WKRC. Retrieved 2023-03-01.
- ^ "Boxabl Launches $50K Foldable House". Treehugger. 2021-08-12. Retrieved 2022-10-05.
External link
is a Moldovan fashion model who has appeared on the covers of international editions of Harper's Bazar, Maxim, Elle, and L'Officiel Hommes.
Covers:
- Maxim Mexico June 2021
- F.F.TV VIETNAM May 2021
- L'Officiel Hommes India January 2021
- L'Officiel Italia Limited Edition 2020
- Elle Arabia July 2020
- L'Officiel Russia February 2020
- Marie Claire Hong Kong February 2020
- Rumours Magazine January 2020
- Numero Russia September 2019
- Harper's Bazaar Mexico and Latin America August 2019
- Harper's Bazaar Vietnam July 2019
- Selecta March 2019
- Elle Greece February 2019
- Harper's Bazaar Greece February 2019
- Harper’s Bazaar Vietnam January 2019
- Acqualina Magazine December 2018
- Avante Magazine November 2018
- QP Magazine September 2018
- Rumours Magazine January 2018
- Rumours Covers March 2017
- The One July 2014
- Rumours Magazine January 2014
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