The Las Vegas-headquartered modular housing manufacturer Boxabl announced it has received regulatory approval for deployment in South Carolina.
With this approval, the company can proceed with a manufacturing and supply contract with Horizons Getaways for the delivery of its 150 Casita units to be installed in South Carolina’s Lowcountry and Upcountry regions. The Casita is a 361-square-foot modular home designed for rapid assembly, energy efficiency, and seamless integration into natural environments.
The partnership with Horizon Gateways will also include the supply of modular housing to glamping developments in Tennessee, Texas, Florida, California, and Ohio.
“This South Carolina approval and multi-state contract with Horizons Getaways solidify Boxabl’s leadership in the $831.5 million US glamping market, projected to reach $1.5 billion by 2030 at a 12.8% CAGR,” said Martin Costas, chief financial officer at Boxabl. “Our Casita’s sustainable design and rapid deployment make it the ideal solution for this high-growth sector.”
Costas added, “As we advance through the S-4 process for our merger with FGMC, this partnership underscores our momentum and strategic positioning in high-demand markets.” Last month, Boxabl announced it was merging with FG Merger Corp. (NASDAQ: FGMC).
Photo: The interior of a Casita unit.
