Disrupting the construction industry with their patent pending building system, OGEL turns waste polystyrene into modular buildings and has potential for flood defences and exhibition stands. The wide product application range offers a large number of B2B and B2C market opportunities in both the UK and internationally.
The OGEL idea is a simple one – turn some of the polystyrene that ends up as waste into walls, roofs and floors with a long life span, that's easy to construct, fully reusable, modular and that transports at ~1/5th of its build size.
The idea began life as flood defence idea, but a commercial decision was made to make it applicable for single storey modular building applications such home offices and garden rooms.
The market for home office solutions has increased significantly during the pandemic, with 46.6% of the 32m UK working population doing some work from home and only 10% wish to return full time.
With a dedicated team and a UK manufacturer sourced, our first orders are being taken for delivery in October 2021.
80% of funds raised will be used for UK market development to help deliver our target of 200 units in 2022.
Our medium term vision is to expand sales within our garden building range in the UK and Europe and develop temporary buildings for commercial, industrial and medical use. Our construction module is patent pending, aiming to prevent copycat competition and keep us at the forefront.
Other product applications could include flood defences and exhibition systems, and following the approval of our patents, the use of our intellectual property to create licensing opportunities.