SKYX Partners with European Developer Group OTT to Implement Smart Electrical Technologies in Hotels and Buildings

SKYX Platforms Corp. has announced a strategic partnership agreement with prominent European hotel and real estate developer Jean-François Ott, founder of Group OTT, to deploy its advanced smart electrical technologies as a brand standard throughout the developer's hotels and buildings across Europe. The collaboration represents a significant expansion for SKYX's technology into the European hospitality and commercial real estate markets, with Group OTT having developed over 250 buildings valued at more than $4 billion throughout Europe over the past 35 years.

The agreement involves integrating SKYX's patented smart ceiling technology across Group OTT's existing and future assets, with the company's technologies expected to reduce up to 90% of time and cost during hotel and building renovations and new construction projects. This substantial efficiency gain stems from SKYX's innovative approach to electrical infrastructure, which replaces traditional fixed wiring for ceiling installations with an integrated receptacle system that simplifies installation, enhances safety by eliminating exposed wiring, and enables easier maintenance and modular upgrades.

Jean-François Ott expressed enthusiasm for the partnership, stating that integrating SKYX's technologies aligns with Group OTT's goal of deploying leading and disruptive technologies across its properties. The founder noted that the collaboration would advance lifestyle and safety standards while cutting significant time and cost from development projects. Rani Kohen, Founder and Executive Chairman of SKYX Platforms, emphasized the strategic importance of partnering with an established European developer like Group OTT, highlighting the potential to enhance property values while creating advanced, smart, and safer hotels and buildings of the future.

SKYX's technology represents a structural innovation at the core of building infrastructure, comparable to the historical emergence of standardized wall outlets. The smart ceiling system enables native integration of connected features including smart lighting, IoT devices, and other technologies, transforming traditional electrical installations into modular, safe, and intelligent systems. For more information about Group OTT, visit https://www.groupott.com/, while details about SKYX's technology platform are available at https://www.skyx.com/.

The partnership comes as SKYX continues discussions with additional hotel groups and property owners regarding utilization of its smart advanced technologies for hotels and buildings. The company, which trades on NASDAQ under the symbol SKYX, holds over 100 U.S. and global pending and issued patents and maintains a portfolio of 60 lighting and home décor websites. The strategic agreement with Group OTT positions SKYX's technology as potentially becoming a new standard in European hospitality and commercial real estate development, with implications for how buildings are designed, constructed, and maintained across the continent.