SKYX and Deako Merger Creates 4 Million Unit Pipeline as Smart Home Push Accelerates

SKYX Platforms' merger with Deako has produced a combined pipeline exceeding 4 million units, signaling a major expansion in residential smart-home deployment and a potential path to positive cash flow.

AI Industry News Staff
••Business
SKYX and Deako Merger Creates 4 Million Unit Pipeline as Smart Home Push Accelerates

SKYX Platforms (NASDAQ: SKYX) disclosed a combined SKYX and Deako pipeline estimated at more than 4 million units, with an expected average selling price of roughly $50 per product. The figure, shared in a corporate update, matters because it quantifies the scale of demand the company believes it now commands following its merger with Deako, moving the combined business from a collection of individual contracts to an industrial-scale deployment backlog. For investors, the pipeline estimate is the clearest signal yet of how the merger translates into revenue potential.

The unit commitments behind that pipeline are concrete. Deako plans to supply more than 80,000 units across 1,000 Maronda Homes residences, a volume that demonstrates traction in the production homebuilder channel where decisions are made at scale rather than home by home. SKYX separately signed agreements to supply technology for two 65-story Trump Towers in Hyderabad, India, and for a Marriott hotel renovation in Durham, North Carolina. Those projects push the company beyond single-family residential into high-rise and hospitality segments, broadening the addressable market for its electrical and smart-home platform.

The financial implications extend beyond top-line volume. SKYX expects the Deako merger to cut annual cash expenses by more than $6 million while potentially lifting Deako revenue per home by up to fivefold. That combination of cost reduction and per-unit revenue expansion is central to the company's stated goal of reaching positive cash flow as it exits 2026. SKYX reported $27.7 million in cash, cash equivalents and restricted cash at the end of the second quarter of 2026, alongside 10 consecutive quarters of year-over-year growth, giving it a runway to fund the integration.

Seasonal demand for the company's patented Turbo Heater Fan is expected to contribute additional sales, while licensing agreements and planned artificial intelligence-driven e-commerce enhancements are positioned as further levers. The company also continues efforts to establish mandatory safety standards for its electrical ceiling outlet technology, a regulatory push that, if successful, could embed its platform in building codes and create a durable competitive moat. Full details are available in the full press release, and ongoing updates are posted in the SKYX newsroom.

The announcement was distributed through InvestorWire, part of the Dynamic Brand Portfolio at IBN, which provides editorial syndication to 5,000+ outlets and social media distribution to millions of followers. Terms governing that content are set out in the InvestorWire disclaimer.

Blockchain Registration

QR Code for Blockchain Registration