SKYX Platforms Corp.: SKYX Signs Merger with Leading U.S. AI Smart Home Silicon Valley Backed Company Deako, Aiming to Lead the Smart Home, Builder & Hotel Markets with Their Combined Platform Technol
SKYX Platforms Corp. (SKYX) announced a merger with Deako Inc., a smart home AI platform company. Deako has shipped over 32 million units and generated $26M in 2025 revenue. The merger aims to combine their technologies to lead the smart home, builder, and hotel markets. SKYX will issue 25M shares (18.46% of the company) and pay $4M plus a $8.5M note to Deako's lender.
How this was made

The 30-second read
Why it matters
The agreement outlines share issuance (18.46% of SKYX), cash payments ($4 M) and notes ($8.5 M), indicating a modest but strategic transaction that could reshape SKYX's product portfolio and market reach.
Market read
First disclosure of a merger that could materially affect SKYX's valuation and sector dynamics.
What to watch
Potential regulatory scrutiny of AI‑enabled safety devices and the ability to scale Deako's existing distribution network.
Background
SKYX Platforms Corp., a Nasdaq‑listed smart‑home AI platform company, signed a merger with private smart‑home firm Deako Inc., aiming to combine plug‑and‑play technologies for builders, hotels, and consumers.
Ticker impact
SKYX announced a definitive merger agreement with Deako, issuing 25M shares and cash payments, creating a combined smart‑home AI platform.
Potential short‑term upside on news, followed by volatility as details on financing and integration unfold.
First‑report of a material M&A deal for a listed micro‑cap; investors will reassess valuation and growth prospects.
Market effects
May accelerate consolidation in the smart‑home and building‑automation sector.
Strengthens U.S. builder‑focused technology exposure.
Limited to niche smart‑home market; no broad macro impact.
Counterpoint
Deal dilution and integration risk could outweigh growth benefits, leading to a sell‑off.
Key entities
- companySKYX Platforms Corp.
NASDAQ‑listed smart‑home AI platform provider.
- companyDeako Inc.
Private smart‑home AI and lighting technology firm.


