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

SKYX and Deako announce 70,000-unit supply deal and expand builder pipeline post-merger.

What the company is saying

SKYX Platforms Corp. (NASDAQ:SKYX) and its subsidiary Deako are emphasizing their expanded reach in the smart home technology sector by announcing an expected supply of approximately 70,000 units to Stone Martin communities for over 850 homes in Georgia and Alabama through 2027. The company highlights the extension of its exclusive agreement with Stone Martin Builders through 2029, positioning this as a sign of growing builder adoption. Management frames the narrative around rapid post-merger progress, citing three builder programs totaling about 210,000 units for more than 2,550 homes since the October 13, 2026 merger close. The release stresses the scale of the combined SKYX–Deako pipeline, estimated at 4 million potential future units with an average selling price of $50 per product, and references Deako’s historical shipment of over 32 million units and $26 million in 2025 revenue. Executives Derek Richardson (Deako CEO) and Rani Kohen (SKYX Executive Chairman) use confident language about the value proposition, the plug-and-play nature of their technology, and the potential for recurring revenue. The announcement also claims the merger is expected to reduce annual cash expenses by more than $6 million and could increase revenue per home by up to five times, though these are presented as management beliefs rather than realised outcomes.

What the data suggests

The disclosed numbers show that SKYX and Deako have announced three builder programs since October 13, 2026, covering approximately 210,000 units for more than 2,550 homes, with the Stone Martin deal accounting for 70,000 units and over 850 homes in Georgia and Alabama. The company’s pipeline of potential future orders is estimated at 4 million units, with an expected average selling price of $50 per product, implying a potential pipeline value of $200 million if fully realised, though no conversion rate or timeline is provided. Deako’s historical shipment of over 32 million units and $26 million in 2025 revenue demonstrates established market presence, but there are no current or post-merger financials for SKYX or the combined entity. The merger is expected to reduce annual cash expenses by more than $6 million, but this is not yet realised or quantified in actual results. Management’s claim of up to a fivefold increase in future revenue per home is not supported by historical data or a baseline. The announcement provides detailed operational milestones and partnership figures but lacks period-over-period financial comparisons, margin data, or profitability disclosures. The evidence supports the existence of builder relationships and a large potential pipeline, but most forward-looking claims remain unsubstantiated by realised financials.

Analysis

The announcement is upbeat, highlighting new builder programs, an extended exclusive agreement, and a large pipeline of potential future orders. However, most of the headline claims are forward-looking: unit deliveries are expected through 2027, the 4 million unit pipeline is an estimate, and management's assertion of a fivefold revenue increase per home is speculative. Only Deako's 2025 revenue and historical shipment figures are realised and quantified; there is no disclosure of profitability, cash flow, or SKYX's own financials. The merger's expected $6 million annual cash expense reduction is not yet realised. The tone inflates the signal by emphasizing potential scale and future recurring revenue, but the actual measurable progress is limited to announced agreements and historical Deako data. The absence of profit or margin figures means the true_signal cannot exceed weak_positive.

Risk flags

• ●Execution risk is significant, as the 70,000-unit supply to Stone Martin and the broader 210,000-unit builder pipeline are forward-looking and contingent on actual builder uptake and installation over the next one to two years. Delays or cancellations could materially impact expected revenues.
• ●Financial transparency risk exists because the company discloses only Deako’s 2025 revenue and historical shipment figures, with no current or post-merger financials, margins, or cash flow data for SKYX or the combined entity. This limits the ability to assess profitability and financial health.
• ●Pipeline conversion risk is high, as the estimated 4 million unit pipeline and associated $200 million potential value are aspirational. There is no evidence or historical conversion rate provided, making it unclear how much of this pipeline will translate into actual revenue.
• ●Synergy realisation risk remains, as the claimed $6 million annual cash expense reduction from the merger is an expectation rather than a realised saving, and the fivefold revenue per home increase is a management belief without supporting data.

Bottom line

SKYX and Deako are aggressively expanding their builder program footprint post-merger, with a headline supply deal for 70,000 units to Stone Martin communities and a total announced pipeline of 210,000 units across three builder partners. The company’s narrative is built on scale, future potential, and recurring revenue opportunities, but most of the financial upside is forward-looking and not yet realised. The only concrete financial data is Deako’s $26 million in 2025 revenue and 32 million historical units shipped, with no current financials for SKYX or the combined entity. Execution and pipeline conversion risks are material, as is the lack of financial transparency beyond historical Deako figures. For investors, the announcement signals operational momentum and builder interest, but the true impact on revenue and profitability will depend on actual unit deliveries, realised cost savings, and conversion of the large pipeline into sales. The most important takeaway is that while the company is building relationships and announcing ambitious targets, realised financial results and margin data are still needed to validate the growth story.

Announcement summary

(NASDAQ:SKYX) SKYX Platforms Corp. and its wholly owned subsidiary Deako have announced that they expect to supply approximately 70,000 units of advanced and smart home technologies to Stone Martin communities for more than 850 homes in Georgia and Alabama through 2027. The company has extended its exclusive agreement with Stone Martin Builders through 2029. Stone Martin Builders is a Southeast homebuilder with over 20 years of experience developing communities in Alabama and Georgia. Since the merger between SKYX and Deako closed on October 13, 2026, the companies have announced three builder programs totaling approximately 210,000 units expected for more than 2,550 homes. The three builder programs are: Stone Martin Builders (approximately 70,000 units for more than 850 homes in Georgia and Alabama), Home Creations (approximately 60,000 units for more than 700 homes in Oklahoma and Texas), and Maronda Homes (approximately 80,000 units for more than 1,000 homes). The combined SKYX–Deako pipeline of potential future orders is estimated at approximately 4 million units, with an expected average selling price of approximately $50 per product. Deako has shipped more than 32 million units, generated over $26 million in 2025 revenue, and established relationships with more than 50 U.S. homebuilders, including D.R. Horton and Toll Brothers. The merger is expected to reduce annual cash expenses by more than $6 million. The combined product portfolio is designed to provide an end-to-end smart home offering for builder and hospitality markets, and management believes it could increase future revenue per home by up to five times. Derek Richardson, Founder and CEO of Deako, stated that the partnership with Stone Martin reflects the builder's commitment to making upgraded smart home technology standard in every home, and highlighted the plug-and-play nature of the technologies. Rani Kohen, Founder and Executive Chairman of SKYX Platforms, emphasized the importance of working with Stone Martin in expanding SKYX's presence in the U.S. homebuilder market and noted that three builder programs covering more than 2,550 homes have been announced in the four weeks since the merger closed. SKYX Platforms Corp. holds more than 120 issued and pending U.S. and international patents and patent applications related to smart home and building platforms, AI, and plug-and-play technologies. Including Deako, SKYX supplies plug-and-play smart lighting technologies to more than 50 U.S. homebuilders. The merger expands SKYX's opportunities across homebuilder, professional, commercial, and hospitality markets, and creates potential for future recurring revenue through product upgrades, AI-enabled services, monitoring, subscriptions, and licensing. SKYX also owns a portfolio of 60 lighting and home décor websites serving retail and commercial customers.

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