Welcome to our dedicated page for SKYX Platforms news (Ticker: SKYX), a resource for investors and traders seeking the latest updates and insights on SKYX Platforms stock.
SKYX Platforms Corp. develops advanced smart home and building platform technologies focused on electrical fixture installation, ceiling receptacles, smart ceilings, lighting, fans, heating products, and related AI-enabled home systems. The company also operates a portfolio of lighting and home décor websites serving retail and commercial channels.
Recurring SKYX news covers financial results and corporate update calls; patent portfolio and code-standardization efforts; product launches such as SKYFAN and Turbo Heater; retail distribution through major home-improvement and general-merchandise channels; and commercialization agreements for residential, commercial, and hospitality buildings in the United States and Europe.
SKYX (NASDAQ: SKYX) entered an agreement with European developer OTT Heritage Hospitality to market and deploy SKYX’s advanced smart‑building technologies across European hotels, buildings and developments.
The partners expect access to a pipeline covering over 132,000 hotels, projected room openings and the potential to deploy hundreds of thousands of units, while SKYX highlights up to 90% time and cost efficiencies and recurring revenue from monitoring, subscriptions and AI services.
SKYX (NASDAQ: SKYX) signed a strategic partnership with European hotel and real estate developer Jean-François Ott, founder of Group OTT, to deploy SKYX’s patented smart ceiling and electrical technologies across Group OTT’s existing and future hotels and buildings in Europe.
Group OTT has developed >250 buildings valued at over $4 billion. SKYX says its technologies can reduce up to 90% of time and cost for renovations and new builds while improving safety and modularity.
SKYX (NASDAQ: SKYX) reported record 2025 revenue of $92.0 million and a Q4 2025 revenue record of $25 million. Gross profit rose to $28 million (13% increase). Cash used in operations fell to $13 million in 2025, and the company raised $29 million in January 2026.
SKYX announced product launches (SKYFAN, Turbo Heater), an NVIDIA collaboration, expanded retail distribution, strategic manufacturing partners, and a safety code standardization effort led by industry veterans.
SKYX (NASDAQ: SKYX) will host a Corporate Update call on Thursday, March 26, 2026 at 4:30 p.m. ET to present fourth quarter 2025 and full year 2025 overview and financial results. Participating members include Founder and Executive Chairman Rani Kohen, CEO Lenny Sokolow, President Steve Schmidt, and CFO Marc Boisseau.
Dial-in and webcast details provided; replay available through April 26, 2026 with replay PIN 10207623.
SKYX (NASDAQ: SKYX) will participate in the 38th Annual ROTH Conference in Dana Point, March 22–24, 2026. Founder and Executive Chairman Rani Kohen and CEO Lenny Sokolow will hold one-on-one meetings with institutional investors and analysts.
For meeting requests, contact your ROTH representative or SKYX investor relations.
SKYX (NASDAQ: SKYX) said it is expected to supply 10,000 smart home and lighting units to the new Pittsford Oaks apartment project in Pittsford, New York, a 171-unit contemporary residential community. The development includes clubhouse, fitness center, Erie Canal trail access, and underground heated parking.
SKYX highlighted potential recurring revenue opportunities from interchangeability, upgrades, AI services, monitoring, and subscriptions as the company expands market penetration with developer Daniele Management & Development.
SKYX (NASDAQ: SKYX) provided a corporate update on Feb. 19, 2026, announcing new retail launches, an NVIDIA collaboration, manufacturing partnerships, and recent institutional funding.
Key facts: over $33M raised (including a $25M $2.50/share common investment), extension of $13.5M notes to 2030, seven consecutive quarters of revenue growth, and retail rollouts at Home Depot, Target, Walmart, and Lowe’s.
SKYX (NASDAQ: SKYX) announced the launch of its patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER at U.S. retailer Walmart, with production underway and a planned broad rollout in Q1 2026. The product combines a ceiling fan and built-in turbo heater and will be offered in six colors for residential and commercial markets. Management expects the Walmart channel to drive significant growth in 2026 and anticipates the Turbo Heater will materially contribute to revenue and progress toward cash-flow positive operations.
SKYX (NASDAQ: SKYX) launched its patented all-in-one ceiling plug & play SKYFAN & Turbo Heater at Home Depot and opened a dedicated SkyPlug branding page on HomeDepot.com on Feb 6, 2026. The rollout aims to boost visibility, consumer education, and demand across retail and professional channels during 2026.
The SKYFAN integrates a ceiling fan with an integrated turbo heater for year-round heating and cooling, and SKYX expects to expand finishes and SKUs while production is underway through manufacturing partners.
SKYX Platforms Corp (NASDAQ: SKYX) announced on January 27, 2026 that it closed a registered direct offering raising $25.0 million from one fundamental institutional investor.
The company issued 10.0 million shares of common stock at $2.50 per share with no warrants. Net proceeds are intended for working capital and general corporate purposes. Roth Capital Partners acted as exclusive placement agent.
The offering was made under a shelf registration on Form S-3 (File No. 333-271698) filed May 5, 2023 and declared effective May 12, 2023; the final prospectus supplement was filed with the SEC.