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SKYX expands smart home tech supply to major builders, hotels, and global projects, boosting growth and cash position.

Market News
22 Oct 2026
GlobeNewsWire
View Source
Bullish
SKYX expands smart home tech supply to major builders, hotels, and global projects, boosting growth and cash position.

SKYX Platforms Corp. announced significant growth by supplying over 80,000 smart home units to Maronda Homes and signing deals for luxury Trump Towers in India and a Marriott hotel renovation in the U.S. The company maintains a strong cash position of $27.7 million and expects continued quarterly growth. Its merger with Deako enhances product offerings and cost synergies, aiming to become a standard in smart home and building safety technology globally. SKYX also advances safety code standardization efforts and plans new AI-driven e-commerce improvements.

SKYX Platforms Corp.'s corporate update offers context for readers interested in consumer cyclical stocks. For readers following this sector, here is Pluang's market snapshot as of Oct 22, 2026 23:11 WIB: Out of 134 priced Consumer Cyclical-sector US stocks tradable on Pluang, 98 rose and 35 fell today. Notable price changes include GTX at USD 22.55 with a 1-day change of -5.75% and a typical hold time of 13 days, LULU at USD 101.39 with a 1-day change of +5.03% and Pluang order activity of 66% Sell / 34% Buy with a typical hold time of 106 days, and DKS at USD 148.83 with a 1-day change of +4.83% and a typical hold time of 20 days.

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