TechMediaBreaks – SKYX Platforms Corp. (NASDAQ: SKYX) Completes Merger With Deako to Expand AI Smart Home Technology Platform
SKYX Platforms (NASDAQ: SKYX), an advanced smart home and artificial intelligence technology company, announced the closing of its merger with Deako Inc., a smart home technology provider serving more than 50 U.S. home builders, including D.R. Horton and Toll Brothers. The combined company has an estimated pipeline exceeding 4 million units, with an expected average selling price of approximately $50 per product, and anticipates more than $6 million in annual cost savings from operational synergies. Deako, which shipped more than 32 million units and generated over $26 million in revenue in 2025, brings established builder relationships that SKYX expects will…