SKYX Platforms (NASDAQ: SKYX) announced that it and its wholly owned subsidiary, Deako, expect to supply approximately 70,000 units of their advanced smart home technologies for more than 850 Stone Martin Builders homes across Georgia and Alabama through 2027. The companies also extended their exclusive agreement with Stone Martin through 2029. The announcement marks the third homebuilder program disclosed since SKYX completed its merger with Deako on Oct. 13, 2026, bringing the combined total to approximately 210,000 units expected for more than 2,550 homes across programs with Stone Martin, Home Creations and Maronda Homes.
SKYX said its combined pipeline of potential future orders with Deako is estimated at approximately 4 million units, with an expected average selling price of approximately $50 per product. Deako has shipped more than 32 million units, generated over $26 million in 2025 revenue and established relationships with more than 50 U.S. homebuilders. Management expects the merger to reduce annual cash expenses by more than $6 million and believes the combined product portfolio could increase future revenue per home by up to five times. The companies plan to continue expanding their presence in the U.S. homebuilder market through integrated smart home and lighting technologies.
To view the full press release, visit https://ibn.fm/xOqXa
About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced, safe, smart and AI platform technologies, with over 100 U.S. and global patents and patent pending applications. Additionally, the Company owns 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally.
NOTE TO INVESTORS: The latest news and updates relating to SKYX are available in the company’s newsroom at https://ibn.fm/SKYX
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