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Diamond Lake Minerals CEO Brian J.Esposito joined Steve Darling from Proactive to unveil thecompany's long-term real estate vision and its collaboration withmodular home building company BOXABL, Inc.
Esposito shed light on BOXABL's impressive journey since itsinception in 2017 by the father-son duo Paolo and Galiano Tiramani.BOXABL embarked on research and development, testing, and explorationof alternative building materials and methods conducive toautomotive-style mass production of houses.
In 2021, BOXABL secured a federal contractexceeding $9 million to construct and deliver 156 Casitas for amilitary base, alongside the inauguration of its 170,000-square-footmanufacturing facility in Las Vegas, NV. These facilities marked asignificant milestone, enabling BOXABL to commence low-volumeproduction and validate the concept, paving the way for theworld's most advanced assembly line mass production ofhousing.
Esposito informed Proactivethat DLMI's announcement and partnership with BOXABL mark apivotal moment in expanding the use case of BOXABL technology.Together, they aim to identify, design, and develop aestheticallypleasing communities known as Boxabl Villages.
The objective is to streamline theconstruction process and shorten timelines from groundbreaking toresidents taking possession of their new homes. Leveraging DLMI'sleadership and forward-thinking approach to finance through securitytokens, alongside traditional means, opens up additional uniqueopportunities for these villages to flourish and expand.
As DLMIand Boxabl embark on this collaborative journey, investors cananticipate innovative solutions and transformative advancements in thereal estate sector. Stay tuned for further updates as DLMI and BOXABLcontinue to redefine the future of housing and communitydevelopment.
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