SKYX's Technologies are Expected to Reduce Up to 90% of Time and Cost During Group OTT's Hotel and Building Renovations and New Builds Across Europe

The Agreement Involves the Integration of SKYX's Technologies Across Existing and Future Assets of Group OTT

SKYX is Currently in Discussions with Additional Hotel Groups and Owners Regarding Utilization of Its Smart Advanced Time and Cost Saving Game-Changing Technologies for Hotels and Buildings

MIAMI, April 14, 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 platform technology company with over 100 U.S. and global pending and issued patents and a portfolio of 60 lighting and home d?cor websites, with a mission to make homes and buildings become advanced-safe-smart instantly as the new standard, today announced its collaboration with prominent European real estate and hotel developer, Jean-Fran?ois Ott, founder of Group OTT, to deploy SKYX technologies as a brand standard throughout its new and existing buildings and hotels in Europe.

Under this strategic agreement and partnership, the utilization of SKYX's technologies in Group OTT's European properties is expected to reduce up to 90% of time and cost during their hotel and building renovations and new builds, while providing the Group advanced and safer properties.

For more than 35 years, France-based Group OTT has developed more than 250 buildings throughout Europe, including hotels, residential, and commercial projects valued at over $4 billion.

Jean-Fran?ois Ott, Founder of Group OTT, said; "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-Fran?ois 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 Offers Group OTT a Structural Innovation at the Core of its Hotels and Buildings.

SKYX has developed a patented "smart ceiling" technology designed to transform traditional electrical installations into modular, safe, and intelligent systems. In practical terms, this innovation replaces fixed electrical wiring for ceiling lights, fans, smart tech, and other equipment with an integrated ceiling receptacle system, enabling:
* simplified and safer installation, with no exposed wiring,
* significant reductions in installation time and costs,
* easier maintenance and enhanced modularity, and
* native integration of connected features (smart, lighting, IoT, etc.).

This approach introduces a paradigm shift in building infrastructure, comparable to the historical emergence of standardized wall outlets.

For more information about Jean-Fran?ois Ott and Group OTT click here: https://www.groupott.com/
For more information about SKYX click here: www.skyx.com.***