SKYX Announces U.S. and Global Demand Surge Towards the Launch of Its New Disruptive Patented All-In-One Smart Turbo Heater & Ceiling Fan
- Product addresses a multi-billion dollar market with tens of millions of units sold annually in U.S.
- Strong pre-launch demand from both U.S. and international markets
- Company expects to achieve cash-flow positive operations in 2025
- Manufacturing has already commenced through established partners
- Product portfolio includes two different models in 6-8 colors for broader market reach
- Product launch not until Q3 2025, missing current winter season
- Cash-flow positive status not yet achieved
Insights
SKYX's new combined ceiling fan-heater could boost revenues, but faces execution challenges amid claimed "unprecedented interest" before actual market validation.
SKYX Platforms Corp has announced two new product models combining ceiling fans with built-in heaters, targeting what they describe as a multi-billion-dollar market with tens of millions of units sold annually in the US alone. This strategic product expansion leverages their existing smart home technology platform and extensive patent portfolio (over 97 issued and pending patents).
The timing of this Q3 2025 winter launch is particularly notable as management explicitly connects it to their path toward cash-flow positive operations in 2025. This suggests the company views this product line as a significant revenue driver, though specific sales projections and pricing details are conspicuously absent from the announcement.
Manufacturing has reportedly commenced through existing manufacturing partnerships, which indicates supply chain preparations are underway. The company plans to offer 6-8 color variations for each of the two models, targeting both residential and commercial applications.
While the press release claims "unprecedented interest" and "strong demand," these statements appear premature without substantiating metrics like pre-orders or distributor commitments. The innovation combines two traditionally separate products into one ceiling fixture, potentially offering space efficiency and energy savings, though no specific performance metrics or competitive advantages are quantified.
The strategic importance of this launch extends beyond the product itself—it represents SKYX's ability to monetize its extensive intellectual property portfolio and expand its revenue streams beyond its current business model. However, investors should note that the company still faces execution risks in manufacturing, distribution, marketing, and market acceptance of this novel combination product.
Company Anticipates Q3 Winter Launch Will Support its Path to Cash-Flow Positive in 2025
Ceiling Fan and Space Heater Category Represents a Multi-Billion-Dollar Annual Market with Tens of Millions of Units Sold in the U.S. Alone
Due to Strong Demand, SKYX Will Launch Two Different Models (see images below) of Its Disruptive All-In-One Smart Turbo Heater & Fan; Manufacturing Has Commenced Through SKYX’s Long-Term Manufacturing Partners
MIAMI, June 23, 2025 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (“SKYX” or the “Company”), a highly disruptive smart home platform technology company with over 97 issued and pending patents globally and a growing portfolio of over 60 lighting and home décor websites, with a mission to make homes and buildings become smart, safe, and advanced as the new standard, today announced strong U.S. and international demand for its newly patented all-in-one smart ceiling fan and heater (see images below).
This highly innovative product—integrating a ceiling fan with a built-in heater—is designed to address a massive market opportunity for all four seasons. The combined ceiling fan and portable heater category is a multi-billion-dollar market, with tens of millions of units sold annually in the U.S. alone.
In response to the strong demand, SKYX will introduce two different versions of the product each in 6 to 8 colors, designed to meet both residential and commercial needs. Production has officially begun with the Company’s manufacturing partners, and SKYX anticipates a broad launch in Q3 2025, aligned with the upcoming winter season.
The Company believes that the successful launch of this product line is a critical milestone on its path toward achieving cash-flow positive operations in 2025.
Rani Kohen, Founder and Executive Chairman of SKYX Platforms Corp., stated:
“We are experiencing unprecedented interest in our all-in-one smart heater and ceiling fans from both U.S. and global markets. This product exemplifies our commitment to innovation, safety, and global market products. As we prepare for our upcoming launch, we believe this breakthrough solution will drive significant value for our customers, partners, and shareholders.”
To view SKYX's technologies in action, click here: CLICK HERE
About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 97 U.S. and global patents and patent pending applications. Additionally, the Company owns over 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.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
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3b2fd9fa-554e-49cc-8d42-e1d8c21f20d8
https://www.globenewswire.com/NewsRoom/AttachmentNg/593f4ca0-0079-427f-ab81-4562ae4e2fd4
FAQ
When will SKYX launch its new smart turbo heater and ceiling fan?
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