SKYX Platforms (NASDAQ: SKYX) has signed an agreement to supply its patented safe advanced and smart home technologies to Trump Towers Hyderabad, a 2.2 million-square-foot luxury residential development in Hyderabad, India. The company is expected to supply tens of thousands of units of its plug-and-play technologies during the development, according to the press release.
The project will feature two 65-story towers connected by a suspended sky bridge and more than 450 residences. It is being jointly developed by IRA Realty and Tribeca Developers. The scale of the development underscores the potential volume of SKYX technology that could be deployed, marking a significant international expansion for the company.
IRA Realty Founder and Managing Director Narsi Reddy said the developer intends to use SKYX technology as a building standard across its upcoming pipeline of premium branded townships and commercial portfolios. That statement suggests the agreement could extend beyond a single project, positioning SKYX as a preferred technology provider for future developments.
For readers and investors, the deal highlights the growing demand for advanced safety and smart home solutions in large-scale residential projects. SKYX’s technologies, which include over 100 U.S. and global patents and patent pending applications, aim to make homes and buildings safe-advanced and smart as the new standard. The company also owns 60 lighting and home decor websites for both retail and commercial segments.
The full press release is available at https://ibn.fm/7UgYc. For ongoing news and updates relating to SKYX, the company’s newsroom can be found at https://ibn.fm/SKYX.
The announcement was distributed through InvestorWire, a specialized communications platform focused on advanced wire-grade press release syndication. InvestorWire is one of 75+ brands within the Dynamic Brand Portfolio at IBN, which delivers access to a vast network of wire solutions, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution to millions of followers, and tailored corporate communications solutions.
The agreement’s implications extend to the broader smart home and building technology sector, as it demonstrates the adoption of advanced plug-and-play systems in high-profile international real estate projects. For SKYX, the deal could serve as a catalyst for further growth in India and other global markets, while for the industry it signals a shift toward standardized safety and smart technologies in premium developments. Investors and stakeholders will be watching to see how the partnership unfolds and whether it leads to additional contracts with IRA Realty and other developers.
