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 (SKYX) delivers innovative plug & play electrical solutions revolutionizing building installations through patented smart technology. This news hub provides investors and industry professionals with verified updates on corporate developments, strategic initiatives, and technological advancements.
Access comprehensive coverage of SKYX's latest press releases, including product launches, partnership announcements, and regulatory filings. Our curated collection features earnings reports, executive insights, and market expansion updates – all essential for tracking this leader in electrical safety innovation.
Discover updates across key operational areas: smart home technology deployments, patent portfolio expansions, and strategic collaborations with construction and hospitality leaders. Regular updates ensure you stay informed about SKYX's progress in standardizing safe electrical installations through advanced plug & play systems.
Bookmark this page for streamlined access to SKYX's official communications. Check back frequently for real-time updates on innovations shaping the future of building infrastructure and electrical safety standards.
SKYX Platforms reported record first quarter 2024 sales of $19.0 million, up from $18.6 million in Q1 2023. The company holds over 90 patents and collaborates with major global manufacturers. Cash reserves declined to $19.8 million from $22.4 million year-on-year. Despite increased sales and marketing expenses, net loss grew to $9.7 million from $8.0 million. Initiatives include expanding into builder segments and signing a 5-year global licensing deal with GE. SKYX aims to penetrate the U.S. and Canadian markets with its smart home platform technologies, expecting significant growth in the coming year.
SKYX Platforms Corp. announces a corporate update call to discuss first quarter 2024 financial results. The call will feature key members of the company's leadership team. SKYX is a disruptive platform technology company with numerous patents and a focus on home safety and smart technology.
SKYX Platforms Corp. (NASDAQ: SKYX) will be a main event at TheRealDeal New York City Real-Estate Forum & Developer Showcase, showcasing its patented smart home technologies. The company aims to enhance its market penetration by presenting its game-changing smart home platform to high-end real-estate developers and industry professionals.
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