SKYX stock surges after deal with Global Ventures Group By Investing.com
Update: 2025-10-29
Description
SKYX Platforms, a Miami-based smart home tech company, secures a major deal with Global Ventures Group, leading to a 14% stock surge. The agreement will install SKYX's products in numerous real estate projects across Saudi Arabia and Egypt, including homes, hotels, and commercial buildings. This partnership aims to set a new tech standard for future developments in the Middle East, with potential for long-term revenue through services and upgrades. SKYX's global expansion continues as they bring U.S. smart home innovations to a new market.
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