SKYX and Its Subsidiary Deako Announce They Expect to Supply 60,000 Units of Their Smart Home Technologies to over 700 Homes to Prominent Oklahoma & Texas Home Builder, Home Creations in The Next 12 Months, as the Company Continues to Grow Its Market Penetration
The combined builder pipeline is estimated at over 4 million units, with an expected average selling price of approximately $50 per product.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
SKYX Platforms (NASDAQ: SKYX) and subsidiary Deako expect to supply approximately 60,000 smart home technology units to Home Creations. The planned supply covers over 700 homes in Oklahoma and Texas over the next 12 months.
Since the merger closed, builder programs also include over 80,000 units for 1,000 Maronda Homes properties. SKYX estimates the combined pipeline at over 4 million units, with an expected average selling price of approximately $50 per product. Deako brings over $26 million in 2025 revenue and over 32 million units shipped. SKYX expects the merger to reduce annual cash expenses by over $6 million and says the combined product line could increase future revenue per home by up to five times.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate point. Forward-looking: it has not happened yet and may not happen.Home Creations supply expected at approximately 60,000 units for over 700 homes over the next 12 months.
- Moderate pointMaronda Homes program covers over 80,000 units for 1,000 homes.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Combined pipeline estimated at over 4 million units, with expected average selling price of approximately $50 per product.
- Moderate pointDeako brings over $26 million in 2025 revenue to the combined business.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Merger expected to reduce annual cash expenses by over $6 million.
2 minor points
- Minor pointDeako brings a shipment history of over 32 million units.
- Minor point. Forward-looking: it has not happened yet and may not happen.Combined product line could increase future revenue per home by up to five times, SKYX says.
Negative
- None.
Key Figures
- Expected supply
- Approximately 60,000 units
- Home Creations projects in Oklahoma and Texas
- Homes
- Over 700 homes
- Home Creations supply announcement
- Expected supply period
- Next 12 months
- Home Creations supply announcement
Historical Context
-
SKYX expected to supply 80,000 units to 1,000 Maronda homes in 2027.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Plug & Play and Smart Home Technologies Are Expected to Be Supplied to Projects in Oklahoma and Texas
Home Creations Has Been Building Homes and Communities Since 1981
MIAMI, Oct. 26, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (the “Company” or “SKYX”), a highly disruptive platform technology company with over 120 patents and pending applications globally and 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced that SKYX and its subsidiary Deako expect to supply approximately 60,000 units of their advanced technologies in the next 12 months to over 700 homes to Oklahoma and Texas community and home builder Home Creations, as the Company continues to grow its market penetration.
Founded in 1981, Home Creations is a family-founded homebuilder serving Oklahoma and the Houston, Texas, market. Its neighborhoods offer amenities including clubhouses, community pools, fitness centers, playgrounds, sidewalks, and green spaces. Amenities vary by community and are not available in every Home Creations neighborhood.
Home Creations combines energy-efficient construction with smart home features. Its Oklahoma City homes are nearly
Home Creations Development
SKYX Deako highlights since merger closing:
- Home Creations: over 60,000 units for over 700 homes in Oklahoma and Texas.
- Maronda Homes: over 80,000 units for 1,000 homes.
- Since closing: over 140,000 units across more than 1,700 homes
- Combined pipeline estimated at over 4 million units, with an expected average selling price of approximately
$50 per product. - Deako brings over 32 million units shipped, over
$26 million in 2025 revenue and relationships with more than 50 U.S. homebuilders including D.R. Horton and Toll brothers. - SKYX and Deako creating an A-to-Z smart home offering for the builder and hotel markets.
- Full combined product line could increase future revenue per home by up to five times.
- Merger expected to reduce annual cash expenses by over
$6 million .
For information about Home Creations, visit www.homecreations.com.
For more information about SKYX and Deako, visit www.SKYX.com and www.Deako.com.
Derek Richardson, Founder and CEO of Deako, stated: “We are excited to grow our work with Home Creations to bring our smart home technologies to more homeowners in Oklahoma and Texas. Home Creations’ focus on energy efficiency, connected living, and thoughtfully designed communities makes this a natural fit for Deako. Our technology provides a smart lighting foundation that is simple for builders to install and easy for homeowners to customize and expand.”
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: “We are very pleased to be working with another prominent home builder, Home Creations. We expect to keep expanding our builder programs with our subsidiary Deako and look forward to continuing to grow our market penetration while creating safer, more advanced, and smarter homes and buildings of the future.”
About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced, safe, smart and AI platform technologies, with over 120 U.S. and global patents and patent pending applications. Additionally, the Company owns 60 lighting and home décor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://www.skyx.com/ or follow us on LinkedIn.
Forward-Looking Statements
Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target,” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s ability to achieve positive cash flows; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.
Investor Relations Contacts:
Jeff Ramson
PCG Advisory
jramson@pcgadvisory.com
Ronald A. Both
Encore Investor Relations
rb@encore-ir.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a2269f18-0763-4f38-9e3d-4207759756a4
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many smart home units do SKYX and Deako expect to supply to Home Creations?
SKYX and Deako expect to supply approximately 60,000 units to over 700 Home Creations homes in Oklahoma and Texas over the next 12 months.
How much does SKYX expect the Deako merger to reduce annual cash expenses?
SKYX expects the merger to reduce annual cash expenses by over $6 million.