SKYX and Its Subsidiary Deako Will Supply 70,000 Units of Its Advanced & Smart Technologies Through 2027 to Stone Martin Home Community Builder Under Exclusive Agreement
Globe Newswire•10/11/2026•09:42 ET
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Key Highlights
- ➤Stone Martin agreement covers approximately 70,000 units through 2027
- ➤Exclusive Stone Martin agreement extended through 2029
- ➤Three builder programs announced since October 13 merger, totaling approximately 210,000 units
- ➤Combined pipeline estimates approximately 4 million potential future orders
- ➤Deako generated over $26 million in 2025 revenue and shipped more than 32 million units
Expert Statements
Derek Richardson, Founder and CEO of Deako
“We are proud to grow our partnership with Stone Martin. They lead by making upgraded smart home technology standard in every home, which reflects how thoughtfully they build for their homebuyers. As our technologies are plug-and-play, home buyers can easily add products, including future products and upgrades, over the life of the home.”
Rani Kohen, Founder and Executive Chairman of SKYX Platforms
“Working with a community developer such as Stone Martin is another important step in expanding our presence in the U.S. homebuilder market. In the four weeks since we closed our merger with Deako, we have announced three builder programs covering more than 2,550 homes, demonstrating our value proposition for the builder segment. We believe our combined plug-and-play technologies position us to bring safer, more advanced, and smarter solutions to a growing number of homes and buildings, and we expect to continue expanding our builder programs.”
Plug-and-Play Advanced and Smart Home Technologies Expected to Be Supplied to Stone Martin Communities in Alabama and Georgia
Third Builder Program Announced by SKYX Deako Since Its Merger Closed October 13, 2026, with Approximately 210,000 Units Across More Than 2,550 Homes
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