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SKYX signs agreement to supply advanced smart home platform technology products to 1,000 homes

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SKYX's patented technology enables developers to instantly build smart homes

SKYX plans to deliver 30,000 units representing a variety of advanced and smart platform technology products to developers' upcoming projects

MIAMI, FL / ACCESSWIRE / October 25, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a “SKYX Technologies”) has over 77 pending and issued patents and 60+ patents worldwide. Home Decor Website and Home Decor Website, a highly disruptive platform technology company with lighting and a mission to make homes and buildings safe and smart as the new standard, today announced a deal with a Florida developer to build approximately 1,000 homes. announced that it has signed an agreement to supply its advanced smart home platform technology products to the homes of

SKYX Smart Home includes our patented advanced smart platform technology and its plug-and-play products, allowing builders to instantly and efficiently make homes smart and safe. .

SKYX plans to deliver approximately 30,000 units to future projects of Florida developer Jeremiah Baron Companies, representing a plug-and-play offering of the company's advanced smart platform technology. Handover is expected to begin in 2024 and continue throughout the project's construction period.

“This is another step towards our goal of making smart and safe homes and buildings the new standard,” said Lani Cohen, Founder and Executive Chairman of the SKYX Platform. , driving the next generation of SKYX smart homes and of great value to developers and homeowners, we are leveraging the power of our advanced smart platform technology to instantly make homes smart and secure in just minutes. We want to prove that.”

said Jeremiah Baron, CEO and Founder of Jeremiah Baron Companies. “We are excited to develop future projects as smart homes and create real added value for homes and buildings, as well as our customers. It's an efficient and time-saving solution that allows you to do it safely.

Link to developer's website: https://jeremiahbaroncompanies.com

About SKYX Platforms Co., Ltd.

Electricity is the standard in every home and building, so our mission is to make homes and buildings the new standard, safe, advanced and smart.

SKYX Platforms Corp. (NASDAQ:SKYX) is a highly disruptive set of advanced safety smart platform technologies with 77 U.S. and global patents and patents pending and more than 60 lighting and home décor websites. is in possession. Our technology emphasizes high quality and ease of use, greatly improving both the safety and quality of life in homes and buildings. We believe our products are a must-have for every room in homes and other buildings in the United States and around the world. For more information, please visit our website https://skyplug.com/ or follow us on LinkedIn.

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Forward-looking statements

A letter agreement represents the parties' intention to supply and purchase products, but does not give either party a binding commitment to purchase or sell a specific or any quantity of products. The parties agree to further negotiate prices and terms in good faith for the ultimate sale of SKYX Products. Agreements signed between the parties are not binding. The parties have entered into a mutual understanding and the final terms of the agreement are subject to negotiation.

Certain statements made in this press release are not based on historical fact and are forward-looking statements. These statements include “target,” “anticipate,” “believe,” “could,” “potential,” “continue,” “estimate,” “expect,” and “evaluate.” , ” ” “anticipate,” “guidance,” “intend,” “likely,” “might,” “might,” “objective,” “in progress,” “outlook,” “plan.” , “could,” “predict,” “likely,” “plan,” “seek,” “should,” “aim,” “see,” “would,” or “would”, or its negative, or any other variation thereof, or equivalent term. However, not all forward-looking statements are forward-looking statements. Contains these words. Such forward-looking statements include statements regarding SKYX's products becoming the new standard; There can be no assurance that our current or future products or technologies will be accepted in the marketplace or adopted by any state, country or locality within any particular time period or at all. Our estimates regarding the target market for our products may prove to be incorrect. The predicted demand for our products may differ materially from actual demand. These statements reflect our reasonable judgment regarding future events and are subject to risks, uncertainties and other factors, many of which involve outcomes that are difficult to predict and which may result in our There are many factors beyond our control that may cause actual results and achievements to differ materially from those in these statements. In forward-looking statements. Such risks and uncertainties include the launch, commercialization, development of additional features and market success of our smart products and technologies, including our efforts and ability to drive sales and adoption of Sky's smart platform; Includes statements regarding our ability to achieve successful acceptance. residential, building, cruise ship, community, hotel, builder and architect adoption, ability to gain market share, ability to pursue all sales and licensing opportunities, ability to achieve code required status for SkyPlug, merger and risks arising from acquisitions 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 is no guarantee that any of our products will be National Electrical Code (NEC) code mandated in any jurisdiction. Additionally, there can be no assurance that our current or future products or technologies will be adopted by any state, country or locality within the country. A specific time frame or not at all. We cannot make any guarantees regarding these matters. Any forward-looking statements speak only as of the date of this press release and, except as required by the United States, we do not intend to make any forward-looking statements, whether as a result of new information, future events or otherwise, We undertake no obligation to update or revise any forward-looking statements. Federal securities laws.

Media Contact:
Britney Utz/Barbara Goldberg
O'Connell & Goldberg Co.
(754) 204-7074/ (954) 294-4677
bouzts@oandgpr.com / bgoldberg@oandgpr.com

Investor Information Contact:
Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us

Source: SKYX Platforms Corp. dba Sky Technologies

View source version at accesswire.com.
https://www.accesswire.com/796196/skyx-signs-agreement-to-supply-1000-homes-with-its-advanced-smart-home-platform-technology-products



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