“SKYX Platforms Corp. has announced a significant supply agreement to integrate its advanced smart home technologies into the Lake Shore Reserve development in Granite Falls, North Carolina, featuring 140 luxury single-family homes near a major Microsoft park. The deal involves over 10,000 units of plug-and-play devices, highlighting the company’s ongoing market expansion amid revenue growth and strategic partnerships.”
SKYX Platforms Corp., a leader in disruptive smart home platform technologies, is set to equip the Lake Shore Reserve waterfront community with its patented all-in-one smart home hub and an array of advanced devices. This project marks another milestone in the company’s penetration into high-end residential developments, leveraging its integration with the NVIDIA AI ecosystem to deliver seamless, plug-and-play functionality for lighting, fans, and security features.
The Lake Shore Reserve, situated on Hickory Lake in Granite Falls, positions itself as a premium residential enclave adjacent to Microsoft’s expansive 1,385-acre mega park. Developed by 1Majestic Development Co., a partnership boasting over two decades of expertise in luxury home construction across North Carolina and Florida, the initial phase encompasses 140 upscale single-family residences. Partners include Robert Anderson of ABH Construction and the OneDwell Developers Group led by Ron Dable and Dror Tohar, who emphasize innovation in creating intelligent living spaces.
Under the agreement, SKYX will furnish more than 10,000 units across various product lines, including ceiling lights, fans, recessed and down lights, indoor and outdoor wall lights, EXIT and emergency lighting, and plug-in LED backlight mirrors. These devices integrate directly into the company’s smart platform, enabling voice control, automation, and AI-driven enhancements for energy efficiency and user convenience. Ron Dable, general partner at 1Majestic, expressed enthusiasm for the collaboration, noting it elevates the project’s appeal by embedding cutting-edge tech that aligns with modern luxury lifestyles.
This deal builds on SKYX’s recent momentum, following collaborations with tech giants like NVIDIA and retail expansions into major chains such as Target. The company’s portfolio, backed by over 100 patents and 60 e-commerce sites for lighting and decor, positions it to capitalize on the booming smart home market, projected to exceed $200 billion globally in the coming years.
Key Deal Highlights
Project Scope : 140 luxury smart homes in phase one, with potential for expansion.
Technology Integration : All-in-one hub with NVIDIA AI for automated control of lighting, ventilation, and safety systems.
Product Volume : Over 10,000 units, emphasizing scalability and ease of installation.
Strategic Location : Proximity to Microsoft’s mega park enhances property values and tech synergy.
Developer Expertise : 20+ years in luxury builds, ensuring high-quality execution.
Financial Snapshot of SKYX Platforms
| Metric | Value |
|---|---|
| Current Stock Price | $2.0550 |
| Previous Close | $2.0400 |
| Open | $2.0200 |
| Volume | 201,783 |
| Market Cap | $233.755M |
| EPS | -$0.3500 |
| 52-Week High | $2.5700 |
| 52-Week Low | $0.8800 |
| YTD Performance | 5.30% |
SKYX’s revenue trajectory shows consistent quarterly gains, underscoring operational strength. The firm reported sequential increases, reflecting robust demand for its safe-smart solutions in both residential and commercial sectors.
Market Penetration Strategy SKYX continues to forge partnerships with prominent developers, mirroring prior deals in Texas and Florida. This North Carolina venture aligns with broader industry trends toward AI-enabled homes, where interoperability and safety standards drive adoption. The company’s focus on code-compliant, easy-install products differentiates it from competitors, fostering repeat business and builder endorsements.
Disclaimer: This news report is for informational purposes only and does not constitute investment advice, tips, or recommendations. Readers should conduct their own research and consult with qualified professionals before making any financial decisions. Sources are not disclosed to maintain editorial independence.