SKYX Platforms Finalizes Merger with Smart Home Tech Firm Deako

Key Facts

1SKYX Platforms announced the closing of its merger with Deako, Inc., a Silicon Valley-backed smart home technology company.

2The combined companies have an estimated pipeline exceeding 4 million units with an expected average selling price of approximately $50 per product.

3Deako is a technology supplier to over 50 U.S. home builders, including D.R. Horton and Toll Brothers.

SKYX Platforms announced the closing of its merger with Deako, Inc., a Silicon Valley-backed smart home technology company. According to GlobeNewswire, the combined companies now possess an estimated supply pipeline exceeding 4 million units, with an expected average selling price of approximately $50 per product.

Deako serves as a technology supplier to over 50 U.S. home builders, including industry leaders D.R. Horton and Toll Brothers. Shares of SKYX closed at $1.12 on October 13, 2026, having traded between a day high of $1.14 and a low of $1.10 during that session.