Communications and Technology Subcommittee Holds Hearing on Positioning, Navigation, and Timing Capabilities - House Committee on Energy and Commerce (.gov)

Combined Companies Have an Estimated Pipeline Exceeding 4 Million Units, with an Expected Average Selling Price of Approximately $50 per ProductDeako is a Leading Technology Supplier to Over 50 U. S. Home Builders Including D. R. Horton and Toll Brothers, Among OthersMIAMI, Oct. 14, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award-winning, highly disruptive advanced safe-smart home and AI platform technology company with over 120 U. S. and global pending and issued patents, with a mission to make homes and buildings advanced, safe and smart instantly as the new standard, today announced the closing of its merger with Deako, Inc., a Silicon Valley-backed U. S. smart home technology company. The combined company aims to lead the AI smart home, builder and hotel markets with its plug & play smart home and AI platform technologies. Merger Highlights and Economics Post merger, current SKYX’s shareholders own 84.4% of the Company and Deako’s shareholders and lender collectively own 15.6%.

Combined Companies Have an Estimated Pipeline Exceeding 4 Million Units, with an Expected Average Selling Price of Approximately $50 per ProductDeako is a Leading Technology Supplier to Over 50 U. Horton and Toll Brothers, Among OthersMIAMI, Oct. 14, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award-winning, highly disruptive advanced safe-smart home and AI platform technology company with over 120 U.