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) 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.
SKYX (NASDAQ: SKYX) entered a securities purchase agreement with one fundamental institutional investor to raise $25.0 million via a registered direct offering. The Company will issue 10.0 million shares of common stock at $2.50 per share with no warrants. Closing is subject to customary conditions and is expected on or about January 26, 2026. Net proceeds are intended for working capital and general corporate purposes. Roth Capital Partners is the exclusive placement agent. The offering uses an existing Form S-3 shelf registration declared effective May 12, 2023.
SKYX (NASDAQ: SKYX) announced the launch of its patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER at U.S. retailer Lowes, with production underway and a planned broad rollout in Q1 2026 to align with winter demand.
Management expects significant growth in the Lowes channel during 2026, plans additional winter launches with other leading U.S. retailers and big-box chains, and says the Turbo Heater launch will advance its path to cash-flow positive. The product targets a multi-billion-dollar ceiling fan and space heater market and will be offered in six colors for residential and commercial customers.
SKYX (NASDAQ: SKYX) closed a $4.0 million equity investment from Philotimo Fund, LP at $2.00 per share in straight common stock with no warrants (2,000,000 shares). This new investor joins long‑term and strategic holders and brings recent funding to approximately $14.0 million raised over the past three months. Proceeds are intended to strengthen the balance sheet, support growth across commercial, retail and smart home platforms, and aid the company’s path to becoming cash flow positive.
SKYX (NASDAQ: SKYX) will supply smart-home technologies to the Lake Shore Reserve waterfront development on Hickory Lake in Granite Falls, North Carolina, near Microsoft’s planned 1,385-acre mega park. The project's first phase includes 140 luxury smart single-family homes. SKYX is expected to provide an all-in-one smart home platform hub integrated with the NVIDIA AI ecosystem and deliver over 10,000 units of plug-and-play devices and lighting products, including ceiling lights, fans, recessed/down lights, wall lights, EXIT and emergency lights, and plug-in LED backlight mirrors. SKYX says this expansion may create future recurring revenue opportunities from upgrades, AI services, monitoring, and subscriptions.