Mergers & AcquisitionsMedium•4 October 2026•
1 min read

SKYX Platforms Expects Deako Merger to Close Within Weeks

Key Facts

1SKYX Platforms CEO stated that the merger with Deako is expected to close within the next few weeks.
2The company outlined its expansion strategy into residential, hospitality, and commercial markets during the Lytham Partners Fall 2026 Investor Conference.

The CEO of SKYX Platforms stated that the merger with Deako is expected to close within the next few weeks. Defense World reported that the company outlined its expansion strategy into residential, hospitality, and commercial markets during the Lytham Partners Fall 2026 Investor Conference.

SKYX closed at $1.18 on October 2, 2026, with the stock reaching a day high of $1.18 and a low of $1.15. These developments follow the company's efforts to scale its smart-home technology and broaden its operational footprint across multiple real estate sectors.