During the Course of the Agreement the Prominent European Development Group OTT Heritage Hospitality Expects to Market and Deploy SKYX’s Disruptive Technologies into Hundreds of European Hotels, Buildings and Developments
Throughout the Term of the Agreement Prominent Developer and SKYX Expect to Deploy and Market Hundreds of Thousands of Products into Massive European Hospitality Market
124,000 Hotel Rooms are Projected to Open in Europe in 2026, with Over 250,000 Additional Rooms in the Development Pipeline Industry-Wide
Through Its Platform and Network, OTT Heritage Hospitality Provides Access to a Broad Pipeline of Hospitality Projects Across Europe and Intends to Actively Market and Facilitate the Adoption of SKYX’s Technologies Across a Range of Hotel, Building, and Development Opportunities Leveraging Significant Time and Cost Efficiencies of Up to 90%
SKYX’s Technologies are Expected to Offer Long-Term Recurring Revenue Opportunities Through Monitoring, Subscriptions, and AI Services, in Addition to Product Upgrades, Interchangeability and Platform-Wide Integrations for Future Development
MIAMI, April 22, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award winning highly disruptive advanced and smart home and AI platform technology company with over 100 U.S. and global pending and issued patents and a portfolio of 60 lighting and home décor websites, with a mission to make homes and buildings become advanced-safe-smart instantly as the new standard, today announced that it has entered into an agreement with OTT Heritage Hospitality, a prominent European developer, to deploy and market its technologies across the vast European hotel chains segment and buildings.
This agreement marks a significant step in SKYX’s global expansion strategy as it continues to advance its mission to make hotels, homes, and buildings smarter, safer, and advanced.
Under the agreement, SKYX’s advanced and smart home and building technologies are expected to penetrate the vast European hotel market with over 132,000 hotels with hundreds of thousands of additional rooms in the development pipeline in addition to residential and commercial projects throughout Europe.
During the course of the agreement SKYX and OTT Heritage Hospitality expect to deploy and market SKYX’s disruptive technologies to hundreds of European hotels, buildings and developments with the aim of deploying hundreds of thousands of units across European hotel and real estate developments.
OTT Heritage Hospitality provides its platform and network as well as access to a broad pipeline of hospitality projects across Europe and intends to actively market and facilitate the adoption of SKYX’s technologies across a range of hotel, building, and development opportunities, leveraging the significant time and cost efficiencies of up to 90% provided by SKYX’s technologies.
Jean-François Ott, Founder of OTT Heritage Hospitality, said; “As a long-time developer of hotel and real estate projects, I see a tremendous opportunity in marketing and facilitating the penetration of SKYX’s highly disruptive technologies into hotels and real estate projects across Europe. By leveraging significant time and cost efficiencies of up to 90% for hotel renovations as well as new builds, we can enable properties to become smarter, safer, and more technologically advanced.”
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said; “This partnership marks a significant step in our global expansion strategy as we continue with our goal and mission to advance hotels, homes, and buildings by making them smarter and safer. We look forward to partnering with such an established European hotel and real estate developer.”
For more information about OTT Heritage Hospitality click here: www.ottheritagehospitality.com
For more information about SKYX click here: www.skyx.com
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://www.skyx.com/ or follow us on LinkedIn.
