SKYX Launches its Patented Ceiling Plug & Play SKYFAN & TURBO HEATER on its U.S. E-Commerce Platform
Rhea-AI Summary
SKYX (NASDAQ: SKYX) launched a patented all-in-one SkyFan & Turbo Heater on its U.S. e-commerce platform, combining a ceiling fan with a built-in turbo heater for year-round indoor and outdoor use. Production is underway with manufacturing partners and the company expects a broad rollout in Q4 2025 and Q1 2026 to align with the winter season. SKYX will offer six colors and targets both residential and commercial markets. Management says strong demand has prompted planned winter launches with several leading U.S. retailers, and the company expects the launch to contribute toward its path to cash-flow positivity through fiscal 2026.
Positive
- Over 100 pending and issued patents globally
- Production underway with partners and broad rollout planned Q4 2025–Q1 2026
Negative
- None.
News Market Reaction
On the day this news was published, SKYX gained 11.71%, reflecting a significant positive market reaction. Argus tracked a peak move of +19.0% during that session. Our momentum scanner triggered 21 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $31M to the company's valuation, bringing the market cap to $292M at that time. Trading volume was elevated at 2.3x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SKYX was down 3.67% while key peers like ESP, ULBI and RFIL each showed positive price changes between 0.79% and 2.61%, pointing to a more stock-specific move than a sector-wide trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 03 | Product launch | Positive | +11.7% | Launch of patented SkyFan & Turbo Heater on U.S. e-commerce platform. |
| Dec 02 | Conference appearance | Neutral | -1.9% | Management presentation at NobleCon21 investor conference in Florida. |
| Nov 19 | Project supply deal | Positive | +0.6% | Supplying technologies to 340‑unit San Antonio townhome and apartment project. |
| Nov 12 | Earnings report | Positive | +2.5% | Record Q3 2025 revenue with higher gross margin and growth initiatives. |
| Nov 10 | Corporate update call | Neutral | -0.7% | Announcement of upcoming call to discuss Q3 overview and results. |
Recent company-specific news has generally aligned with modestly positive or stable price reactions, with no clear pattern of selling on good news.
Over the last month, SKYX reported record Q3 2025 revenue of $24.0M with improved 32% gross margin, announced a 340‑unit San Antonio project using more than 15,000 devices, and outlined ongoing growth initiatives. It also disclosed conference participation at NobleCon21 and hosted a corporate update call on November 12, 2025. Against this backdrop, today’s product launch of the SKYFAN & TURBO HEATER extends its plug‑and‑play platform into a year‑round comfort and safety category.
Regulatory & Risk Context
An active S-3/A shelf amendment dated October 24, 2025 registers the resale of up to 14,719,841 shares tied to $15.6 million of subordinated secured convertible notes at a $1.20 conversion price plus 19,840 private placement shares. Selling securityholders, not the company, receive proceeds, but the registered resale capacity can influence secondary-market supply.
Market Pulse Summary
The stock surged +11.7% in the session following this news. A strong positive reaction aligns with SKYX’s history of constructive responses to growth and product updates, such as the prior 11.71% move on related news. The launch expands its plug‑and‑play platform into a multi‑billion‑dollar heater‑fan category but sits against ongoing net losses of $7.6 million and an active resale shelf covering 14,719,841 shares linked to $15.6 million in convertible notes.
Jargon Translator
AI-generated analysis. Not financial advice.
Driven by Strong Demand, the Company Expects Additional Winter Launches with Several Leading U.S. Retailers, Including Big-Box Chains
Management Expects the Turbo Heater & Ceiling Fan to Generate Significant Revenue Beginning this Winter and Continuing through Fiscal Year 2026
The Company Anticipates that the Winter Launch Will Help Advance its Path to Cash-Flow Positivity
Ceiling Fan and Space Heater Categories Represent a Multi-Billion-Dollar Annual Market, with Tens of Millions of Units Sold Each Year in the U.S.
MIAMI, Dec. 03, 2025 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive platform technology company with over 100 pending and issued patents globally and over 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced the launch of its newly patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER on its U.S. e-commerce website platform.
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 the U.S. alone.
In response to strong demand, SKYX will 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 a broad rollout in Q4 2025 and Q1 2026 to align with the winter season.
Huey Long, CEO of SKYX’s eCommerce Platform Belami, stated: “We’re excited to introduce the SkyFan Turbo Heater, a breakthrough product that launches an entirely new category of heater-fans for our customers. This innovation brings year-round comfort and design together in a single solution, expanding the possibilities for how people heat, cool, and light their indoor and outdoor spaces.”
Rani Kohen, Founder and Executive Chairman of SKYX Platforms Corp., stated:
“We are experiencing great interest in our turbo heater and ceiling fan 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 all-in-one solution will drive significant value for our customers, partners, and shareholders.”
To view a video of SKYX’s turbo heater ceiling fan 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 100 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/1e0bdf3b-8407-451e-8299-e784a510c37b
https://www.globenewswire.com/NewsRoom/AttachmentNg/1ed9980a-f8a3-4df6-9347-bd0d7c48d74f
https://www.globenewswire.com/NewsRoom/AttachmentNg/ed5a590d-d47e-4db5-9088-534a9ad833fa
FAQ
When will SKYX (SKYX) begin shipping the SkyFan Turbo Heater?
What markets will SKYX target with the SkyFan Turbo Heater (SKYX)?
How many colors will the SKYX SkyFan Turbo Heater be offered in?
Will the SKYX SkyFan Turbo Heater be available through retailers or only online (SKYX)?
Does SKYX (SKYX) expect the SkyFan Turbo Heater to affect company cash flow?
What intellectual property supports SKYX's new SkyFan Turbo Heater (SKYX)?
