SKYX Platforms Corp. (NASDAQ: SKYX), a company specializing in advanced and smart home platform technologies, announced a strategic partnership agreement with Jean-François Ott, founder of Group OTT, a prominent European hotel and real estate developer. Under the agreement, SKYX's technologies will be deployed as a brand standard throughout Group OTT's existing and future hotels and buildings across Europe.
Group OTT, based in France, has developed over 250 hospitality, residential, and commercial buildings valued at over $4 billion over the past 35 years. The partnership is expected to reduce time and cost during hotel and building renovations and new builds by up to 90%, while providing advanced and safer properties.
Jean-François Ott, founder of Group OTT, expressed excitement about the partnership: "I am very excited to partner with SKYX and bring their advanced and smart technologies into my companies’ existing and upcoming hotels and buildings across Europe. Throughout all these projects, our goal has always been to deploy leading and highly disruptive technologies. By integrating SKYX’s technologies into these properties, we will cut significant time and cost while advancing the lifestyle and safety standards of our hotels and buildings."
Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "We are very excited to be in this strategic partnership with an established and prominent European hotel and real estate developer such as Jean-François Ott and Group OTT. We look forward to collaborating with him and all his companies on their European and global existing and upcoming projects to enhance the value of their properties while creating advanced, smart, and safer hotels and buildings of the future."
SKYX's patented "smart ceiling" technology replaces fixed electrical wiring for ceiling lights, fans, and smart tech with an integrated ceiling receptacle system. This innovation simplifies installation, reduces time and costs, enhances modularity, and enables native integration of connected features. The approach represents a paradigm shift in building infrastructure, comparable to the emergence of standardized wall outlets.
SKYX is currently in discussions with additional hotel groups and owners regarding the utilization of its technologies. The company holds over 100 U.S. and global pending and issued patents and owns a portfolio of 60 lighting and home décor websites. Its mission is to make homes and buildings advanced-safe-smart as the new standard.
For more information about Jean-François Ott and Group OTT, click here. For more information about SKYX, visit their website.
