SKYX Platforms Corp. (NASDAQ: SKYX) has signed an agreement to supply its patented safe advanced and smart home technologies to Trump Towers Hyderabad, a 2.2 million-square-foot luxury residential development in Hyderabad, India. The project, jointly developed by IRA Realty and Tribeca Developers, will feature two 65-story towers connected by a suspended sky bridge and more than 450 residences. During development, SKYX is expected to supply tens of thousands of units of its plug-and-play technologies.
The deal represents a major international expansion for SKYX, whose mission is to make homes and buildings safe-advanced and smart as the new standard. With over 100 U.S. and global patents and patent pending applications, the company’s technologies emphasize high quality and ease of use while significantly enhancing safety and lifestyle. The agreement with Trump Towers Hyderabad could serve as a catalyst for further adoption of SKYX’s products in India’s rapidly growing real estate market.
IRA Realty Founder and Managing Director Narsi Reddy said the developer intends to use SKYX technology as a building standard across its upcoming pipeline of premium branded townships and commercial portfolios. This commitment signals strong confidence in SKYX’s solutions and could lead to additional large-scale deployments. For investors, the news highlights SKYX’s ability to secure high-profile projects that validate its technology and open doors to new markets.
The global smart home market is projected to grow substantially, and SKYX’s advanced, safe, smart, and AI platform technologies position it to capture a significant share. The company also owns 60 lighting and home decor websites for both retail and commercial segments, further diversifying its revenue streams. As electricity is a standard in every home and building, SKYX believes its products are a necessity in every room in both homes and other buildings in the U.S. and globally.
For more details on this announcement, visit https://ibn.fm/7UgYc. The latest news and updates relating to SKYX are available in the company’s newsroom at https://ibn.fm/SKYX.
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