SKYX Platforms Corp. has announced an agreement with Global Ventures Group, a U.S. and international real estate development firm, to deploy SKYX's smart home and building technologies in residential, commercial, and hotel projects across the Middle East, including Saudi Arabia and Egypt. Under the agreement, Global Ventures Group plans to implement SKYX's technologies in tens of thousands of homes and hotel rooms, with SKYX expecting to deploy hundreds of thousands of products as part of the region's growth projects. The company anticipates long-term recurring revenue opportunities through product monitoring, subscriptions, AI services, upgrades, and integrations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SKYX Platforms Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9565006-en) on October 30, 2025, and is solely responsible for the information contained therein.
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