SKYX Platforms Corp. (NASDAQ: SKYX), a smart home technology company, announced a combined pipeline with Deako estimated at more than 4 million units, carrying an expected average selling price of approximately $50 per product. The disclosure came as part of a corporate update that also highlighted recent supply agreements and financial targets, according to a press release distributed via InvestorWire.
The pipeline figure follows SKYX’s merger with Deako, a move the company expects to reduce annual cash expenses by more than $6 million and potentially increase Deako’s revenue per home by up to fivefold. Deako recently announced plans to supply more than 80,000 units to 1,000 Maronda Homes residences. Separately, SKYX has signed agreements to supply technology for two 65-story Trump Towers in Hyderabad, India, and for a Marriott hotel renovation in Durham, North Carolina.
Financially, 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. The company said it is targeting positive cash flow as it exits 2026 and anticipates increased seasonal sales of its patented Turbo Heater Fan. These targets matter for investors because they signal a potential shift from sustained revenue growth to cash generation, a key milestone for a company that has invested heavily in patented technology and market expansion.
The update also pointed to licensing agreements, planned artificial intelligence-driven e-commerce enhancements, and continued efforts to establish mandatory safety standards for its electrical ceiling outlet technology. For the broader smart home and construction industries, mandatory safety standards could raise the bar for electrical installations in homes and buildings, while AI-driven e-commerce could improve how consumers and builders purchase lighting and home technology products. SKYX owns 60 lighting and home decor websites serving retail and commercial segments, and holds over 100 U.S. and global patents and patent pending applications.
The scale of the combined pipeline—more than 4 million units at roughly $50 each—suggests significant potential revenue if the products are deployed as planned. The Maronda Homes and Trump Towers agreements provide concrete examples of how SKYX and Deako technology is being adopted in residential and commercial construction. The Marriott renovation in Durham adds a hospitality segment reference. Together, these deals indicate growing interest from builders and developers in integrated smart home and electrical solutions.
For readers, the announcement is a signal that the smart home technology sector continues to attract large-scale construction partnerships and that companies like SKYX are positioning themselves at the intersection of safety, automation and e-commerce. The company’s ability to achieve its positive cash flow target and realize the pipeline will depend on execution, seasonal demand and the adoption of its safety standards. Investors can follow further updates through SKYX’s newsroom at https://ibn.fm/SKYX or review the full press release at https://ibn.fm/LJP97.
The update was distributed through InvestorWire, a specialized communications platform that is part of the Dynamic Brand Portfolio at IBN. InvestorWire provides wire-grade press release syndication, editorial syndication to 5,000+ outlets, press release enhancement and social media distribution as part of its corporate communications solutions. Full terms of use and disclaimers are available at https://www.InvestorWire.com/Disclaimer.
