The Renovation is in Process and Will Include Rooms, Suites, Bars, Restaurants, Lobby, Ballroom, Spa, Gym, Meeting Rooms, Corridors, Among Other Hotel Areas SKYX and Group OTT are Expected to Collaborate on Additional Hotels The Hotel Formerly The Grand Medicis Hotel is a Designated Historic Property in the Heart of La Bourboule a Leading Thermal Spa Destination Centered on Health, Wellness, and Longevity Tourism SKYX's Technologies Expansion Provides Additional Opportunities for Future Recurring Revenues through Interchangeability, Upgrades, AI Services, Monitoring, Subscriptions, Among Others SKYX Technologies Reduces Up to 90% Time and Cost of Hotel Renovation or New Build and is Continuing 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, May 05, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award winning highly disruptive advanced 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 it will deploy its advanced and smart technologies during a master renovation of an historical architectural preservation hotel The Grand Hotel du Parc, in La Bourboule, France. The historical hotel, formerly The Grand Medicis hotel, currently has 100 rooms and suites and is expected to build 30 additional rooms.
