SKYX Platforms Corp. (NASDAQ: SKYX), a platform technology company with more than 120 patents and pending applications globally, along with its subsidiary Deako, announced an agreement to supply approximately 60,000 units of their advanced smart home technologies over the next 12 months for more than 700 homes built by Home Creations in Oklahoma and Texas. The deal marks a significant expansion of SKYX and Deako’s footprint in the residential construction market and underscores the growing adoption of smart home solutions by homebuilders.
Home Creations, founded in 1981, is known for incorporating energy-efficient construction and connected home technologies into its properties. Its Oklahoma City homes feature Deako smart lighting, smart thermostats, smart locks, and app-enabled garage doors, all designed to enhance convenience, energy efficiency, and security for homeowners. The agreement with SKYX and Deako will bring these technologies to a larger number of new homes, potentially setting a new standard for residential construction in the region.
Since the merger between SKYX and Deako closed, the companies have announced plans to supply more than 140,000 units across over 1,700 homes, including approximately 80,000 units for 1,000 Maronda Homes properties. Their combined pipeline is estimated at more than 4 million units, with an expected average selling price of approximately $50 per product. This robust pipeline suggests strong demand for their smart home solutions and positions the companies for substantial revenue growth.
Deako brings valuable relationships with more than 50 U.S. homebuilders, over 32 million units shipped, and more than $26 million in 2025 revenue. The merger is also expected to reduce annual cash expenses by more than $6 million, while the expanded product portfolio could increase future revenue per home by up to five times. These financial benefits highlight the strategic rationale behind the merger and its potential to drive profitability.
The implications of this announcement are significant for both the companies and the broader smart home industry. By partnering with established homebuilders like Home Creations, SKYX and Deako are well-positioned to capitalize on the growing trend of smart home adoption. As more builders integrate advanced technologies into new homes, the demand for SKYX’s and Deako’s products is likely to rise, further solidifying their market presence. For investors, the news signals execution on the company’s growth strategy and the potential for continued expansion. According to SKYX Platforms (NASDAQ: SKYX), the company’s mission is to make homes and buildings safe-advanced and smart as the new standard, and this agreement is a step toward achieving that vision. The full press release can be viewed at https://ibn.fm/nBPN4, and the latest news and updates relating to SKYX are available in the company’s newsroom at https://ibn.fm/SKYX. This announcement was distributed through TechMediaWire, a specialized communications platform that is part of the Dynamic Brand Portfolio at IBN, which provides editorial syndication to 5,000+ outlets and other services. As the smart home market continues to evolve, SKYX’s latest agreement demonstrates its ability to secure large-scale contracts and drive adoption of its innovative technologies.
