SKYX Platforms Corp. (NASDAQ: SKYX) announced it will deploy its smart home and building technologies in the renovation and expansion of The Grand Hotel du Parc in La Bourboule, France. The company will supply thousands of lighting and safety units as part of a three-phase project with Group OTT, according to a press release.
The project underscores SKYX's expansion into the European market, leveraging its portfolio of over 100 U.S. and global patents and patent pending applications. The company's technologies aim to make homes and buildings 'safe-advanced and smart as the new standard,' integrating high quality and ease of use while enhancing safety and lifestyle.
This deployment is a key milestone for SKYX, which owns 60 lighting and home decor websites for both retail and commercial segments. The company believes its products are a necessity in every room in homes and buildings globally. The partnership with Group OTT for the French hotel renovation could serve as a template for future international projects.
Investors and industry observers may view this as a signal of growing adoption of smart building technologies in the hospitality sector. The renovation of a historic hotel like The Grand Hotel du Parc could demonstrate the practical benefits of SKYX's solutions in upgrading older infrastructure to modern smart standards.
For more information, the full press release is available at https://ibn.fm/eizM0. Additional news and updates relating to SKYX are available in the company's newsroom at https://ibn.fm/SKYX.
