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 53% more energy efficient than typical new homes and include Deako smart lighting, a smart thermostat, smart locks, and an app-enabled garage door. Every home is HERS-verified by a certified RESNET energy rater and backed by a 10-year structural warranty. The smart home features and efficiency figures described above apply to Oklahoma City homes.
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
[email protected]
Ronald A. Both
Encore Investor Relations
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a2269f18-0763-4f38-9e3d-4207759756a4
