SKYX Platforms Corp. (NASDAQ: SKYX) has announced a strategic collaboration with European real estate and hotel developer Jean-François Ott and Group OTT to implement its smart home and building technologies as a standard across new and existing properties in Europe. The partnership aims to leverage SKYX's advanced platform to reduce renovation and construction time and costs by up to 90% while enhancing safety and efficiency. This move positions SKYX to expand its footprint in the European market, where smart building technologies are increasingly in demand.
Group OTT, led by Jean-François Ott, is a prominent European developer with a portfolio of residential, commercial, and hospitality properties. By integrating SKYX's technologies, the group expects to streamline construction processes and offer tenants and guests enhanced smart features. SKYX's platform includes over 100 U.S. and global patents and patent-pending applications, focusing on making homes and buildings safe, advanced, and smart as the new standard. The company also owns 60 lighting and home decor websites for retail and commercial segments.
The collaboration underscores SKYX's mission to bring smart technology to everyday living spaces, similar to how electricity is a standard in every home. The company's technologies emphasize high quality and ease of use, aiming to significantly enhance safety and lifestyle. With this partnership, SKYX is poised to gain a foothold in Europe's growing smart building market, which is projected to expand rapidly in the coming years.
For more information on the partnership, visit https://ibn.fm/M2CFu. To learn more about SKYX Platforms Corp., visit https://skyplug.com/. The latest news and updates relating to SKYX are available in the company's newsroom at https://ibn.fm/SKYX.
