SKYX Platforms Stock Price, News & Analysis

SKYX (NASDAQ: SKYX) provided a corporate update on Jan 5, 2026, reporting $9.5 million in new investment from leading shareholders and $13 million in cash, cash equivalents, restricted cash, and receivables as of Sept 30, 2025.

Key operational items include a board member conversion of an $835,000 convertible note at $2.20 per share, extension/conversion of $13.5 million in notes to maturity in 2030, planned deployment of > 60,000 products by end of Q1 2026, and expected deployment of 500,000 units into a Miami smart‑city project. SKYX reported consecutive quarterly revenues from Q1 2024–Q3 2025 (examples: $19M Q1/24, $24M Q3/25) and announced an AI e‑commerce rollout projected to lift sales up to 30%.

SKYX (NASDAQ: SKYX) announced the launch of its patented all-in-one SKYFAN & Turbo Heater at U.S. retailer Target, with production underway and retail rollout planned in Q4 2025 and Q1 2026 to align with the winter season.

Management expects significant growth in the Target channel during 2026, additional winter launches at other leading U.S. retailers and big-box chains, and that the product will contribute to revenue beginning this winter and help advance the company toward cash-flow positivity.

The product will be offered in six colors for residential and commercial markets and combines a ceiling fan with a built-in turbo heater as an alternative to traditional space heaters.

SKYX (NASDAQ: SKYX) launched a patented all-in-one SkyFan & Turbo Heater on its U.S. e-commerce platform, combining a ceiling fan with a built-in turbo heater for year-round indoor and outdoor use. Production is underway with manufacturing partners and the company expects a broad rollout in Q4 2025 and Q1 2026 to align with the winter season. SKYX will offer six colors and targets both residential and commercial markets. Management says strong demand has prompted planned winter launches with several leading U.S. retailers, and the company expects the launch to contribute toward its path to cash-flow positivity through fiscal 2026.

SKYX Platforms (NASDAQ: SKYX) announced that Founder & Executive Chairman Rani Kohen and CEO Lenny Sokolow will present at NobleCon21 on Wednesday, December 3, 2025 at 4:00 PM ET at Florida Atlantic University's Executive Education Complex in Boca Raton, Florida.

Investors and guests are invited to attend at a discounted rate using a company-provided discount code. A high-definition video webcast of the presentation will be posted the following day on www.skyplug.com and included in the full NobleCon21 catalog at www.nobleconference.com and www.channelchek.com. The webcast will be archived on those platforms for 90 days after the event.

SKYX (NASDAQ: SKYX) announced it is expected to supply its smart plug-and-play lighting and safety technologies to a 340-unit residential development in San Antonio, Texas led by Landmark Companies on Nov. 19, 2025.

The scope includes 88 townhomes and 252 apartments and more than 15,000 units of ceiling lighting, fans, recessed/downlights, EXIT and emergency lights, wall lights and plug-in LED mirrors. Landmark is described as a developer with 27 years experience and over 3,000 units in development. SKYX highlighted recurring revenue potential from interchangeability, upgrades, AI services, monitoring and subscriptions.

SKYX (NASDAQ: SKYX) reported record $24.0M revenue for Q3 2025 vs $23.0M in Q2 2025, with gross profit of $8.0M and gross margin of 32% (vs 30% in Q2). As of Sept 30, 2025, the company reported $13M in cash, cash equivalents, restricted cash and receivables and raised an additional $5M from existing investors.

Operational highlights include a strategic agreement with Global Ventures Group to deploy hundreds of thousands of units in Middle East projects, a $3B Miami smart‑city collaboration expected to require >500,000 units, a supply agreement for ~10,000 units to a 278‑unit Austin project, a new AI e‑commerce platform targeting +30% conversion, and a U.S. manufacturing partnership with Profab Electronics.

SKYX (NASDAQ: SKYX) will host a corporate update call to present its Third Quarter 2025 overview and financial results.

The call is scheduled for Wednesday, November 12, 2025 at 4:30 p.m. Eastern Time. Participating speakers include Rani Kohen (Founder & Executive Chairman), Lenny Sokolow (CEO) and Steve Schmidt (President).

Dial-in numbers and a live webcast are provided for U.S./Canada and international participants, with a replay available until December 12, 2025. Investors are asked to dial in at least 10 minutes early.

SKYX (NASDAQ: SKYX) announced on November 5, 2025 it will launch a new AI‑native software across its e‑commerce platform of 60 websites for lighting, home décor, and smart home technologies. The company said the software, when fully integrated, is expected to increase website conversion rates and sales by 30%. SKYX noted the platform will support both B2B and B2C growth and bolster its builder and pro sales channels. Management emphasized unified data architecture, over 100 pending and issued patents, and plans to scale e‑commerce revenue across specialty sites and marketplaces.

SKYX (NASDAQ: SKYX) announced an agreement with Global Ventures Group to deploy SKYX smart home and smart building technologies across Middle East residential, commercial, and hotel projects, including Saudi Arabia and Egypt, announced Oct 30, 2025.

The partnership foresees SKYX supplying tens of thousands of homes and hotel rooms and hundreds of thousands of product units—including smart home platform devices, ceiling lighting, fans, recessed/down lights, EXIT and emergency lights, indoor/outdoor wall lights, and plug-in LED mirrors. SKYX expects recurring revenue from monitoring, subscriptions, and AI services plus future product upgrades and platform integrations.