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 Technologies (NASDAQ: SKYX) reported record pre-audited Q4 2024 revenues of $23.7 million, showing consistent quarterly growth throughout 2024 from Q1's $19M to Q4's $23.7M. The company secured an additional $1 million in preferred funding, bringing total strategic funding to $12 million, led by The Shaner Group.
Key developments include: expecting product installation in 20,000 homes/units by Q1 2025; appointment of former Amazon executive Huey Long to head e-commerce; collaboration with Cavco Homes for smart technology integration; partnership with Forte Developments for 12,000+ product installations; and strategic alliance with Wayfair for smart plug & play products.
The company strengthened its leadership with Greg St. John as President of Lighting, Fans, and Smart Home Products, and received significant insider investments including $500,000 from President Steve Schmidt and $250,000 each from Co-CEOs.
SKYX Platforms Corp. (NASDAQ: SKYX) has announced the appointment of Huey Long, former Amazon E-Commerce Director, as the new leader of its e-commerce platform. Long brings over 28 years of experience from leadership roles at major retailers including Walmart, Ashley Furniture, and Amazon, where he led the Amazon Basics private brand initiative.
Long will collaborate with SKYX's existing e-commerce team to expand sales and market penetration of the company's advanced and smart home plug & play technologies across U.S. and Canadian markets. The company, which owns more than 97 issued and pending patents globally and manages over 60 lighting and home décor websites, aims to leverage Long's expertise in e-commerce, omnichannel retail, and global sourcing.
SKYX Platforms Corp. (NASDAQ: SKYX) announces collaboration with Cavco Industries, a leading U.S. prefabricated home manufacturer, to implement SKYX's advanced and smart plug & play technologies in Cavco's premium homes. The partnership will debut at the International Builders' Show (IBS) in Las Vegas from February 25-27, 2025, featuring Cavco's high-end models including Skye View and Bungalow.
Cavco, which has sold nearly one million homes since inception and currently sells approximately 20,000 units annually, will integrate SKYX's technology to enhance safety, smart capabilities, and time efficiency in their premium prefabricated homes. The collaboration aims to establish SKYX's platform as a new construction standard, offering instant smart home capabilities while reducing costs for developers and adding value for homeowners.
SKYX Platforms Corp. (NASDAQ: SKYX) has announced a partnership with Forte Developments to supply smart technologies for three upcoming luxury projects. The deal encompasses an 80-story high-rise in Miami's Brickell district, two buildings in Clearwater Beach, and a project in Jupiter, Florida, totaling over 400 luxury units.
SKYX will deliver more than 12,000 smart and plug & play products, including ceiling outlet receptacles, lighting solutions, ceiling fans, recessed lights, EXIT signs, emergency lights, and indoor/outdoor wall lights. Product delivery is scheduled to begin in the second half of 2025.
The company's technology platform offers potential for recurring revenues through upgrades, interchangeability, monitoring, and subscriptions. SKYX holds over 97 issued and pending patents globally and operates more than 60 lighting and home décor websites.
SKYX Platforms Corp. (NASDAQ: SKYX) has appointed Greg St. John, former head of Home Depot's indoor lighting category, as President of Lighting, Fans and Smart Products. St. John, who previously served as CEO of leading lighting companies Eglo and Cordelia Lighting, brings over 30 years of industry experience to SKYX.
In his new role, St. John will lead SKYX's expansion in lighting, fans, and smart home products across major retail channels, homebuilders, hotels, and commercial projects. He will also manage strategic collaborations with industry leaders like Home Depot and Wayfair. His extensive background includes executive leadership roles in major U.S. and global lighting brands, with expertise in product development, sales, marketing, merchandising, sourcing, and smart lighting solutions.
SKYX Platforms Corp. (NASDAQ: SKYX), a smart platform technology company with over 97 issued and pending patents globally, will present at the inaugural LD Micro Summit on February 4, 2025, at the Lago Mar Beach Resort & Club in Fort Lauderdale, Florida.
The presentation is scheduled for 3:20 PM ET, where Rani Kohen, Founder, Inventor, and Executive Chairman, along with Lenny Sokolow, Co-CEO, will discuss the company's vision, corporate developments, and opportunities. SKYX operates over 60 lighting and home décor websites, focusing on making homes and buildings smart, safe, and advanced as the new standard.
The LD Micro Summit is a premier event connecting influential micro-cap companies with investors. Interested investors can schedule meetings with SKYX management through their investor relations team.
SKYX Platforms Corp. (NASDAQ: SKYX) has announced it will begin supplying products to developer Jeremiah Baron Companies, starting with 140 commercial units in January 2025. This represents the initial phase of a larger project expected to encompass 1,000 mixed-use residential and commercial units in Florida.
The company will supply various products including ceiling outlet receptacles, smart plug & play platform products, lighting solutions, ceiling fans, recessed lights, EXIT signs, emergency lights, and indoor/outdoor wall lights. The project will involve the delivery of tens of thousands of SKYX's advanced and smart platform technology products throughout the construction period.
SKYX Platforms Corp (NASDAQ: SKYX) has announced a new collaboration with JIT Electrical Supply, a leading supplier that has provided electrical products to over 100,000 U.S. homes. Under this partnership, SKYX will supply JIT with its advanced and smart Plug & Play products, including lighting fixtures, ceiling fans, recessed lights, EXIT signs, emergency lights, and various indoor and outdoor lighting solutions.
The implementation is scheduled to begin in early 2025, aiming to enhance SKYX's presence in the builder and professional segments. JIT's CEO Bob Hill highlighted SKYX's technology as the most disruptive advancement in the lighting industry since LED, emphasizing its safety features, time and cost savings, and smart home capabilities.
SKYX Platforms Corp (NASDAQ: SKYX), a smart platform technology company with over 97 issued and pending patents globally, announced its participation in The Benchmark 13th Annual Discovery One-on-One Investor Conference. Founder Rani Kohen and Co-CEO Lenny Sokolow will present on December 11, 2024, at 3:30 PM ET in the New York Athletic Club's 9th Floor Ballroom. The company, which operates over 60 lighting and home décor websites, will also engage in one-on-one investor meetings throughout the conference.
SKYX Platforms Corp (NASDAQ: SKYX), a smart platform technology company with over 97 patents and 60 lighting and home décor websites, announced its participation in NobleCon20. Founder Rani Kohen and President Steve Schmidt will present on December 3, 2024, at 1:30 PM ET, while CEO Lenny Sokolow will join them for investor meetings during the conference.
The presentation will take place at Florida Atlantic University's College of Business Executive Education Complex. A video webcast will be available post-presentation on SKYX's website, Noble Capital Markets' Conference website, and Channelchek investor portal. The conference runs December 3-4 in Boca Raton, Florida.