SKYX to Be Added to Russell 2000® and Russell 3000® Indexes
SKYX Platforms Corp. (NASDAQ: SKYX) announced its upcoming inclusion in both the Russell 2000® and Russell 3000® Indexes, effective June 27, 2025. This addition follows FTSE Russell's 2025 annual reconstitution, which ranks the 3,000 largest U.S. public companies by market capitalization. SKYX, a smart home platform technology company, boasts over 97 issued and pending patents globally and manages more than 60 lighting and home décor websites. The inclusion in these prestigious indexes is expected to increase institutional ownership and broaden investor awareness. According to FTSE Russell, approximately $10.6 trillion in assets are benchmarked to Russell U.S. indexes.
SKYX Platforms Corp. (NASDAQ: SKYX) ha annunciato la sua prossima inclusione nei Russell 2000® e Russell 3000® Indexes, a partire dal 27 giugno 2025. Questa aggiunta segue la ristrutturazione annuale 2025 di FTSE Russell, che classifica le 3.000 maggiori società pubbliche statunitensi per capitalizzazione di mercato. SKYX, azienda tecnologica specializzata in piattaforme per la casa intelligente, vanta oltre 97 brevetti concessi e in attesa a livello globale e gestisce più di 60 siti web dedicati all'illuminazione e all'arredamento per la casa. L'inclusione in questi prestigiosi indici dovrebbe aumentare la proprietà istituzionale e ampliare la consapevolezza degli investitori. Secondo FTSE Russell, circa 10,6 trilioni di dollari in asset sono indicizzati ai Russell U.S. indexes.
SKYX Platforms Corp. (NASDAQ: SKYX) anunció su próxima inclusión en los índices Russell 2000® y Russell 3000®, efectiva a partir del 27 de junio de 2025. Esta incorporación sigue a la reconstitución anual 2025 de FTSE Russell, que clasifica a las 3,000 mayores empresas públicas de EE.UU. por capitalización de mercado. SKYX, una empresa de tecnología para plataformas de hogares inteligentes, cuenta con más de 97 patentes emitidas y pendientes a nivel mundial y gestiona más de 60 sitios web de iluminación y decoración del hogar. Se espera que la inclusión en estos prestigiosos índices aumente la propiedad institucional y amplíe la conciencia de los inversores. Según FTSE Russell, aproximadamente 10.6 billones de dólares en activos están referenciados a los índices Russell de EE.UU.
SKYX Platforms Corp. (NASDAQ: SKYX)는 2025년 6월 27일부터 러셀 2000® 및 러셀 3000® 지수에 포함될 예정이라고 발표했습니다. 이번 추가는 시가총액 기준으로 미국 상장 기업 3,000개를 선정하는 FTSE 러셀의 2025년 연례 재구성에 따른 것입니다. 스마트 홈 플랫폼 기술 회사인 SKYX는 전 세계적으로 97건 이상의 등록 및 출원 특허를 보유하고 있으며, 60개 이상의 조명 및 홈 데코 웹사이트를 운영하고 있습니다. 이들 권위 있는 지수에 포함됨으로써 기관 투자자 보유 비중이 증가하고 투자자 인지도가 확대될 것으로 기대됩니다. FTSE 러셀에 따르면 약 10.6조 달러의 자산이 러셀 미국 지수를 벤치마크로 삼고 있습니다.
SKYX Platforms Corp. (NASDAQ : SKYX) a annoncé sa prochaine inclusion dans les indices Russell 2000® et Russell 3000®, effective à partir du 27 juin 2025. Cette intégration fait suite à la reconstitution annuelle 2025 de FTSE Russell, qui classe les 3 000 plus grandes entreprises publiques américaines selon leur capitalisation boursière. SKYX, une entreprise technologique spécialisée dans les plateformes pour maisons intelligentes, possède plus de 97 brevets délivrés et en attente dans le monde, et gère plus de 60 sites web dédiés à l’éclairage et à la décoration intérieure. Cette inclusion dans ces indices prestigieux devrait accroître la propriété institutionnelle et élargir la visibilité auprès des investisseurs. Selon FTSE Russell, environ 10,6 trillions de dollars d’actifs sont indexés sur les indices Russell américains.
SKYX Platforms Corp. (NASDAQ: SKYX) gab seine bevorstehende Aufnahme in die Russell 2000® und Russell 3000® Indizes bekannt, gültig ab dem 27. Juni 2025. Diese Aufnahme folgt auf die jährliche Neugewichtung 2025 von FTSE Russell, die die 3.000 größten börsennotierten US-Unternehmen nach Marktkapitalisierung bewertet. SKYX, ein Technologieunternehmen für Smart-Home-Plattformen, verfügt weltweit über mehr als 97 erteilte und anhängige Patente und betreibt mehr als 60 Websites für Beleuchtung und Wohnkultur. Die Aufnahme in diese renommierten Indizes wird voraussichtlich das institutionelle Eigentum erhöhen und das Anlegerbewusstsein erweitern. Laut FTSE Russell sind etwa 10,6 Billionen US-Dollar an Vermögenswerten an die Russell US-Indizes gebunden.
- Inclusion in Russell 2000® and Russell 3000® Indexes increases visibility to institutional investors
- Company has a strong intellectual property portfolio with 97+ patents
- Manages over 60 lighting and home décor websites showing significant market presence
- Potential exposure to $10.6 trillion in assets benchmarked to Russell indexes
- None.
Insights
SKYX's inclusion in Russell indexes should increase institutional visibility, trading volume, and potential passive fund flows.
SKYX Platforms' addition to the Russell 2000® and Russell 3000® indexes represents a significant milestone in the company's market visibility journey. This inclusion is particularly meaningful as approximately
The practical implications are substantial. First, passive index funds tracking these benchmarks will need to purchase SKYX shares to maintain proper index representation. This creates immediate buying pressure that typically supports share prices. Second, active fund managers who benchmark against these indexes often consider component stocks more seriously for potential investment.
For a growth-stage company like SKYX, with its focus on smart home technology platforms and substantial patent portfolio (97 issued and pending patents), this institutional visibility comes at a critical time. The company's inclusion suggests it has reached a market capitalization threshold significant enough to warrant index membership, as Russell indexes are reconstituted based primarily on market cap rankings.
Beyond the immediate trading impact, this development typically improves trading liquidity and reduces bid-ask spreads, benefiting all shareholders. The automatic inclusion in style indexes (growth/value) will further expand SKYX's presence in specialized funds. While index inclusion doesn't change fundamental business operations, it represents external validation of the company's market position and creates a more diversified, institutional shareholder base that may reduce volatility over time.
MIAMI, May 27, 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 that it is set to be added to the Russell 2000® and the broad-market Russell 3000® Index following the 2025 annual reconstitution of the Russell indexes, according to a preliminary list of additions posted by FTSE Russell on May 23, 2025. SKYX’s inclusion will become effective after the U.S. market opens on June 27, 2025.
Annual Russell index reconstitution ranks the Russell 2000® Index and the 3,000 largest U.S. public companies by total market capitalization. Inclusion in the all-cap Russell 3000® Index results in automatic membership in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, as well as in relevant growth and value style indexes. FTSE Russell determines index membership primarily based on market-cap rankings and style attributes.
“This is an exciting milestone that reflects the strong progress SKYX has made in scaling our business and executing our strategic vision,” said Lenny Sokolow, Co-CEO of SKYX. “We believe that inclusion in the Russell indexes will help broaden investor awareness of our technology platform and increase institutional ownership as we continue to grow and advance our mission to make homes and buildings safer and smarter.”
Russell indexes are widely used by investment managers and institutional investors for index-based funds and benchmarking purposes. According to FTSE Russell, approximately
For more information on the Russell 3000® Index and the annual reconstitution process, please visit the “Russell Reconstitution” section on the FTSE Russell website.
For SKYX’s Technologies Video Link 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
