SKYX Platforms Corp. (NASDAQ: SKYX) and its wholly owned subsidiary Deako have announced an expected supply of approximately 70,000 units of 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, according to a press release highlighting SKYX Platforms (NASDAQ: SKYX).
This announcement marks the third homebuilder program disclosed since SKYX completed its merger with Deako on October 13, 2026. Combined with programs involving Home Creations and Maronda Homes, the total expected volume now stands at approximately 210,000 units for more than 2,550 homes. The rapid succession of deals underscores the combined company's growing traction in the U.S. homebuilder market and signals that its integrated smart home and lighting technologies are gaining acceptance among large-scale builders.
The implications for SKYX extend beyond the immediate unit commitments. The company 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. That pipeline, if realized, could represent a substantial revenue stream and provide greater visibility into future earnings. Deako has already shipped more than 32 million units, generated over $26 million in 2025 revenue, and established relationships with more than 50 U.S. homebuilders, according to the release.
Management also 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. Those projections suggest that the Stone Martin extension is not merely a volume win but part of a broader strategy to deepen penetration with existing builder partners and expand the scope of products offered per home. For investors, the deal provides evidence that the merger is translating into commercial momentum and cost synergies.
The extension through 2029 with Stone Martin, a regional builder operating in Georgia and Alabama, also demonstrates the durability of SKYX's exclusive arrangement and its ability to retain key customers. By locking in a multi-year commitment, SKYX gains a predictable order flow and a stronger foundation for scaling its smart home platform. The companies plan to continue expanding their presence in the U.S. homebuilder market through integrated smart home and lighting technologies.
For a fuller picture of the announcement, the complete press release is available at https://ibn.fm/xOqXa. Investors can also find ongoing updates and news from the company at https://ibn.fm/SKYX. The news was distributed through TechMediaWire, a specialized communications platform focused on technology companies, which is part of the Dynamic Brand Portfolio at IBN. TechMediaWire offers services including editorial syndication to 5,000+ outlets and social media distribution to millions of followers, helping companies like SKYX reach a wide audience of investors and industry participants.
