SKYX Announces Launch at U.S Leading Retailer Lowes of its Ceiling Plug & Play SKYFAN & TURBO HEATER
Rhea-AI Summary
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.
Positive
- Retail distribution secured with Lowes for Q1 2026 rollout
- Production underway with manufacturing partners
- Product targets multi-billion-dollar fan and heater market
- Patent portfolio of over 100 pending and issued patents
Negative
- None.
News Market Reaction
On the day this news was published, SKYX gained 2.04%, reflecting a moderate positive market reaction. Argus tracked a peak move of +25.2% during that session. Our momentum scanner triggered 45 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $7M to the company's valuation, bringing the market cap to $367M at that time. Trading volume was very high at 4.3x the daily average, suggesting strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SKYX was down 3.16% pre-news. Peers showed mixed moves: ESP, ULBI, NEOV, NVX were down while RFIL gained 16.7%, and only FCEL appeared on momentum scanners up 4.51%, pointing to stock-specific factors rather than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 14 | Equity investment | Positive | +2.3% | $4M common stock investment at $2.00 per share from new fund. |
| Jan 12 | Smart-home contract | Positive | +8.3% | Supplying tech for 140-home luxury smart community with 10,000+ devices. |
| Jan 08 | AI collaboration | Positive | -5.3% | Joined NVIDIA Connect Program to enhance ceiling smart home platform. |
| Jan 05 | Corporate update | Positive | -1.7% | Detailed $9.5M new investment, liquidity, deployments, and AI e-commerce plans. |
| Dec 18 | Target launch | Positive | +4.5% | Announced Target rollout of SKYFAN & Turbo Heater in Q4 2025–Q1 2026. |
Recent news has generally been positive, with three price gains and two selloffs, showing mixed follow-through on good developments.
Over the past months, SKYX reported multiple capital raises and strategic wins. On Dec 18, 2025, it announced a Target launch of SKYFAN & Turbo Heater, which saw a 4.55% gain. A $9.5M investment and corporate update on Jan 5, 2026 was followed by a modest decline. NVIDIA collaboration news on Jan 8 led to a -5.26% move, while a $4.0M strategic investment on Jan 14 saw shares up 2.29%. Today’s Lowe’s launch extends the same product rollout strategy across additional major retailers.
Regulatory & Risk Context
An active S-3 resale shelf filed on Jan 16, 2026 covers up to 3,350,000 shares for existing holders. SKYX will not receive proceeds from these resales, but conversions of preferred stock and stock dividends could dilute common shareholders and reduce their voting power.
Market Pulse Summary
This announcement adds another major retailer, Lowe’s, to SKYX’s rollout of its ceiling plug & play SKYFAN & Turbo Heater, following the earlier Target launch. Management highlights a multi‑billion‑dollar ceiling fan and heater market and intends to serve both residential and commercial customers in six colors. In context of recent capital raises and smart‑home deployments, key items to monitor include actual sell‑through at retailers, progress toward cash‑flow positivity, and any impacts from existing resale registrations.
Key Terms
plug & play technical
AI-generated analysis. Not financial advice.
Management Anticipates Significant Growth in Lowes Channel During 2026
Driven by Strong Demand, SKYX Expects Additional Winter Launches with Other Leading U.S. Retailers and Big-Box Chains
Management Expects its Ceiling SKYFAN & Turbo Heater to Generate Significant Revenue During this Winter and throughout Fiscal Year 2026
The Company Anticipates that the Turbo Heater Launch Will Advance its Path to Cash-Flow Positive
The Ceiling Fan and Space Heater Categories Represent a Multi-Billion-Dollar Annual Market, with Tens of Millions of Units Sold Each Year in North America
MIAMI, Jan. 21, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive smart home platform technology company with over 100 pending and issued patents globally and 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced it will launch its newly patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER at U.S. leading retailer Lowes. Management anticipates significant growth in its Lowes business during 2026.
The innovative product—combining a ceiling fan with a built-in turbo heater—offers a safer, more efficient alternative to traditional space heaters and addresses a large year-round market opportunity across both winter and summer seasons. The combined ceiling fan and portable heater category is a multi-billion-dollar market, with tens of millions of units sold annually in North America.
In response to strong demand, SKYX intends to offer the product in six colors to serve both residential and commercial markets. Production is now underway with the Company’s manufacturing partners, and SKYX expects to continue its broad rollout in Q1 2026 to align with the winter season.
For a Link to SKYFAN & Turbo Heater in Lowes: Click Here
SKYFAN & TURBO HEATER
To view a video of SKYX’s turbo heater ceiling fan Click here
Lenny Sokolow CEO of SKYX Platforms Corp., stated; “We are excited to begin launching our ceiling SKYFAN and Turbo Heater at a leading retailer such as Lowes, and we expect to continue expanding our presence across additional leading retailers and big-box chains. This product exemplifies our commitment to innovation, safety, and scalable global solutions. We believe this all-in-one offering will drive meaningful value for customers, partners, and shareholders.”
About SKYX Platforms Corp.
SKYX Platforms Corp. (NASDAQ: SKYX) is a technology platform company focused on making homes and buildings safe, advanced, and smart as the new standard. As electricity is present in every home and building, SKYX is developing disruptive plug & play technologies designed to modernize traditional electrical infrastructure while improving safety, functionality, and ease of use.
The Company holds over 100 issued and pending U.S. and global patents and owns 60 lighting and home décor websites serving both retail and professional markets. SKYX’s platform emphasizes high-quality design, simplicity, and enhanced safety, with applications intended for every room in residential, commercial, hospitality, and institutional buildings worldwide.
SKYX’s technologies support recurring revenue opportunities through product interchangeability, upgrades, AI-enabled services, monitoring, and subscriptions. The Company follows a “razor-and-blades” model, anchored by its advanced ceiling electrical outlet platform and an expanding portfolio of plug & play smart home products, including lighting, recessed and down lights, emergency and exit signage, ceiling fans, chandeliers, indoor and outdoor fixtures, and themed lighting solutions. Its plug & play technology enables rapid installation in high-rise buildings and hotels, reducing deployment timelines from months to days.
SKYX estimates its U.S. total addressable market at approximately
For more information, please visit our website at http://skyx.com/ or follow us on LinkedIn.
Forward-Looking Statements
Certain statements made in this press release are not based on historical facts but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target,” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.
Investor Relations Contact:
Jeff Ramson
PCG Advisory
jramson@pcgadvisory.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3fb947d3-d666-4e39-950d-fca24b6a5164
FAQ
When will SKYX (SKYX) products appear at Lowes?
What is the SKYFAN & Turbo Heater being sold at Lowes by SKYX (SKYX)?
How does SKYX (SKYX) say the Lowes launch affects its finances?
Is SKYX (SKYX) manufacturing the SKYFAN & Turbo Heater now?
Will SKYX (SKYX) expand beyond Lowes in 2026?
