SKYX Announces it will Supply its Technologies to Enable a New Contemporary Apartment Community in New York as it Continues to Grow its Market Penetration
MWN-AI** Summary
SKYX Platforms Corp. (NASDAQ: SKYX) has announced its partnership with the Daniele Management & Development Group to supply its innovative technologies for the new Pittsford Oaks Apartment development in Pittsford, New York. This striking residential project will feature 171 contemporary apartments complemented by a range of upscale amenities, including an in-house clubhouse, a modern fitness center, and heated underground parking.
As part of the agreement, SKYX will provide 10,000 units of its advanced smart plug-and-play technologies. This lineup includes a variety of lighting options, such as ceiling lights, recessed fixtures, EXIT signs, and plug-in LED backlit mirrors—the benefit being not just the aesthetic appeal, but enhanced safety and ease of use for residents.
Rani Kohen, SKYX's Founder and Executive Chairman, expressed enthusiasm about collaborating with seasoned developers like Daniele Management. He pointed out that this development represents a step toward creating smarter, safer homes equipped with cutting-edge technology. The fusion of SKYX's tech solutions with lifestyle-centered community features is expected to elevate the overall living experience, making the apartments more desirable.
Danny Daniele, President of Daniele Management, aligns with Kohen's sentiment, highlighting that the inclusion of SKYX's technologies will lead to significant cost savings both in construction and ongoing maintenance. The strategic growth opportunity signifies SKYX’s focus on expanding its market penetration while also laying the groundwork for future recurring revenue through services like upgrades, AI enhancements, and monitoring subscriptions.
This partnership is a testament to SKYX’s commitment to revolutionizing urban living through smart technology integration, positioning the company to capture a larger share of the evolving smart home market.
MWN-AI** Analysis
SKYX Platforms Corp. (NASDAQ: SKYX) recently announced its commitment to supply advanced technologies to the new Pittsford Oaks apartment community in New York, substantially enhancing its market penetration. As the development of 171 contemporary apartments unfolds, the collaboration signals a robust opportunity for SKYX to establish itself as a pivotal player in the smart home technology landscape.
With a planned supply of 10,000 units of advanced plug-and-play products—including lights and emergency systems—SKYX is poised to benefit not just from immediate sales, but also from future recurring revenue streams. The integration of interchangeability, upgrades, AI services, and subscription models into their offerings creates a sustainable business framework that can adapt to evolving customer demands. This positions SKYX to capitalize on an increasing appetite for smart home solutions, especially as modern living spaces emphasize technology-enhanced safety and convenience.
Investors should note the strategic anticipation that the partnership could yield significant long-term cost savings for developers. As property management increasingly values smart technologies in construction and maintenance, SKYX's high-quality offerings may factor into broader market adoption, potentially leading to expanded collaborations with other developers.
Moreover, as home and building technologies continue to evolve, SKYX’s substantial patent portfolio of over 100 positions it well against competitors, giving it leverage in negotiations and partnerships alike.
However, investors should remain aware of inherent risks, including market adoption hurdles and economic fluctuations that may impact growth trajectories. Overall, SKYX's recent developments present a promising case for potential investment, aligning with the increasing trend towards smart, efficient living spaces. Strategy vigilance and risk assessment will be key as this sector matures.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
SKYX is Expected to Supply 10,000 of its Advanced Technologies to the New Pittsford Oaks Apartment Development in Pittsford, New York
The Development will include 171 Apartments with Top-of-the-Line Amenities including an In-House Clubhouse, Fitness Center, Erie Canal Trail Access, and Underground Garage Heated Parking
SKYX’s Technologies Expansion Provides Additional Opportunities for Future Recurring Revenues through Interchangeability, Upgrades, AI Services, Monitoring, Subscriptions, Among Others
MIAMI, March 11, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive smart home platform technology company with over 100 pending and issued patents globally and 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced that it will supply its technologies to a new contemporary residential project in Pittsford, New York. The apartment complex will include 171 new residential units.
The project is led by the Daniele Management & Development Group, which has over 20 years of experience developing mixed-use communities, apartment buildings, residential homes, and hotels in the New York area and beyond.
The project will include a range of amenities, including an in-house resident clubhouse, a state-of-the-art fitness center, modern meeting and conference facilities, landscaped green spaces, access to the Erie Canal walking trail, an outdoor community piazza, underground garage heated parking, and many other lifestyle-focused amenities.
SKYX is expected to supply 10,000 units of its advanced and smart plug & play technologies, including ceiling lighting, recessed lights, downlights, wall lights, EXIT signs, EMERGENCY lights, plug-in LED backlight mirrors and other SKYX products.
The development is designed to deliver modern apartments paired with lifestyle-focused amenities, offering residents premium finishes and thoughtfully curated community spaces.
Danny Daniele, President of Daniele Management & Development, said: “Our team is excited to collaborate with SKYX Platforms to bring this technology into our community. Pittsford Oaks Apartments will be the first of many new development projects where we expect to utilize SKYX’s innovative technologies as a valuable addition to our electronics and lighting construction package. We see significant short and long-term cost savings across both construction and ongoing maintenance including the added benefits of delivering superior products and services to our customers.”
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: “We are very happy to work with innovative developers such as Daniele Management & Development on their new contemporary community in Pittsford, New York. We look forward to collaborating with them to enhance property and overall project value while creating safer, smarter, and more advanced homes for the future.”
For more information about the Pittsford Oak Apartments, please visit https://www.pittsfordoaks.com/
To view SKYX's Technologies demo video Click Here
About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 100 U.S. and global patents and patent pending applications. Additionally, the Company owns 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn.
Forward-Looking Statements
Certain statements made in this press release are not based on historical facts but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.
Investor Relations Contact:
Jeff Ramson
PCG Advisory
jramson@pcgadvisory.com
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FAQ**
What specific advanced technologies will SKYX Platforms Corp. SKYX supply to the Pittsford Oaks development, and how do they enhance safety and smart features in residential living?
How does the collaboration between SKYX Platforms Corp. SKYX and Daniele Management & Development contribute to potential cost savings in construction and maintenance for the Pittsford Oaks Apartments?
What is SKYX Platforms Corp. SKYX's strategy for leveraging its advanced technologies for future recurring revenue opportunities, such as upgrades and subscriptions?
Can you elaborate on the long-term vision of SKYX Platforms Corp. SKYX regarding partnerships with developers to expand the deployment of smart home technologies in other residential projects?
**MWN-AI FAQ is based on asking OpenAI questions about SKYX Platforms Corp. (NASDAQ: SKYX).
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