GlobeNewswire·Nov 10, 2026, 9:42 AM ET

SKYX and Its Subsidiary Deako Will Supply 70,000 Units of Its Advanced & Smart Technologies Through 2027 to Stone Martin Home Community Builder Under Exclusive Agreement

SKYX Platforms Corp. & its subsidiary Deako will supply approximately 70,000 smart home technology units to Stone Martin communities in Georgia & Alabama for more than 850 homes through 2027.
The exclusive agreement between the companies has been extended to 2029.
Stone Martin is the third builder program announced since the SKYX-Deako merger closed on October 13, 2026.
Since the merger, three builder programs have been announced totaling approximately 210,000 units for more than 2,550 homes, including projects with Home Creations & Maronda Homes.
The combined SKYX-Deako pipeline estimates potential future orders of approximately 4 million units with an average selling price of $50 per product.
Deako has previously shipped more than 32 million units, generated over $26 million in 2025 revenue, & established relationships with over 50 U.S. homebuilders.
Management projects the combined portfolio could increase future revenue per home by up to five times while reducing annual cash expenses by more than $6 million.
Stone Martin homes feature Deako smart home & lighting packages, energy-efficient spray foam insulation, personalized design selections, & a 10-year structural warranty.
The merger combines SKYX's ceiling-based technologies with Deako's wall-switch platform to create an end-to-end plug-and-play smart home offering.
The combined entity holds a portfolio of more than 120 issued & pending U.S. & international patents related to smart home & building platforms.

Company: SKYX Platforms Corp.
Keywords: Nasdaq:SKYX, SKYX Platforms Corp., NASDAQ:SKYX, SKYX Platforms Corp, Smart City, Smart Home, Smart Plug & Play, Smart Tech, Stone Martin, Deako