Welcome to our dedicated page for SKYX Platforms news (Ticker: SKYX), a resource for investors and traders seeking the latest updates and insights on SKYX Platforms stock.
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 (NASDAQ: SKYX) signed a licensing agreement with global lighting company Eurofase, expanding access to builder, hotel, residential, and commercial segments in the U.S., Canada, Europe, and Asia.
SKYX technologies reportedly cut installation time and cost by up to 90% and create opportunities for future recurring revenues from upgrades, AI services, monitoring, and subscriptions.
SKYX (NASDAQ: SKYX) reported record Q1 2026 revenue of $22 million, up 10% from $20 million in Q1 2025, marking 9 consecutive YoY growth quarters. Cash, cash equivalents and restricted cash rose to $32 million as of March 31, 2026.
Gross profit increased 16% to $7 million, with gross margin improving to 30% from 28%. Net loss per share narrowed to $0.07 from $0.09, and adjusted EBITDA loss per share improved to $0.03 from $0.04.
SKYX entered strategic agreements with Group OTT and OTT Heritage Hospitality to deploy its smart and AI technologies across European hotels, and began a collaboration with the NVIDIA AI Ecosystem Connect Program. The company raised $29 million in straight equity and extended $13.5 million of notes to 2030. Management believes its cash is sufficient to pursue goals including potential cash flow positivity exiting 2026.
SKYX (NASDAQ: SKYX) will host a Corporate Update call to present Q1 2026 overview and financial results on Monday, May 11, 2026 at 4:30 p.m. Eastern Time. Participating members include Founder and Executive Chairman Rani Kohen, CEO Lenny Sokolow, President Steve Schmidt, and CFO Marc Boisseau.
Dial‑in numbers, a Call Me link, webcast URL, and replay access (through June 11, 2026) are provided for investor participation.
SKYX (NASDAQ: SKYX) will deploy its advanced plug-and-play smart building technologies during a master renovation of The Grand Hotel du Parc, a designated historic hotel in La Bourboule, France, operated by Group OTT. The three-phase project covers 100 existing rooms, an expected 30-room expansion, and hotel amenities.
SKYX expects to supply thousands of smart lighting and fixture units and cites technology claims of reducing up to 90% renovation time and cost while creating recurring revenue opportunities from upgrades, AI services, monitoring and subscriptions.
SKYX (NASDAQ: SKYX) was selected as one of eight companies to participate in the inaugural Emerging Company Pavilion at the Sohn Investment Conference on May 12, 2026 at Jazz at Lincoln Center in New York City.
The Company will present its advanced smart-home and AI platform, meet institutional investors, and discuss market expansion, strategic partnerships, and long-term revenue outlook. SKYX highlighted its patent portfolio and portfolio of lighting and home décor websites as part of its growth positioning.
SKYX (NASDAQ: SKYX) entered an agreement with European developer OTT Heritage Hospitality to market and deploy SKYX’s advanced smart‑building technologies across European hotels, buildings and developments.
The partners expect access to a pipeline covering over 132,000 hotels, projected room openings and the potential to deploy hundreds of thousands of units, while SKYX highlights up to 90% time and cost efficiencies and recurring revenue from monitoring, subscriptions and AI services.
SKYX (NASDAQ: SKYX) signed a strategic partnership with European hotel and real estate developer Jean-François Ott, founder of Group OTT, to deploy SKYX’s patented smart ceiling and electrical technologies across Group OTT’s existing and future hotels and buildings in Europe.
Group OTT has developed >250 buildings valued at over $4 billion. SKYX says its technologies can reduce up to 90% of time and cost for renovations and new builds while improving safety and modularity.
SKYX (NASDAQ: SKYX) reported record 2025 revenue of $92.0 million and a Q4 2025 revenue record of $25 million. Gross profit rose to $28 million (13% increase). Cash used in operations fell to $13 million in 2025, and the company raised $29 million in January 2026.
SKYX announced product launches (SKYFAN, Turbo Heater), an NVIDIA collaboration, expanded retail distribution, strategic manufacturing partners, and a safety code standardization effort led by industry veterans.
SKYX (NASDAQ: SKYX) will host a Corporate Update call on Thursday, March 26, 2026 at 4:30 p.m. ET to present fourth quarter 2025 and full year 2025 overview and financial results. Participating members include Founder and Executive Chairman Rani Kohen, CEO Lenny Sokolow, President Steve Schmidt, and CFO Marc Boisseau.
Dial-in and webcast details provided; replay available through April 26, 2026 with replay PIN 10207623.
SKYX (NASDAQ: SKYX) will participate in the 38th Annual ROTH Conference in Dana Point, March 22–24, 2026. Founder and Executive Chairman Rani Kohen and CEO Lenny Sokolow will hold one-on-one meetings with institutional investors and analysts.
For meeting requests, contact your ROTH representative or SKYX investor relations.