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. (NASDAQ: SKYX), doing business as SKYX Technologies, regularly issues news updates as it advances its smart, safe home and building technology platform. Company press releases highlight developments in its plug & play ceiling outlet system, smart home hub, and a growing portfolio of lighting, ceiling fan, and emergency fixture products, as well as financing activities and strategic collaborations.
News items frequently cover product launches and channel expansion. Recent announcements describe the introduction of the patented ceiling plug & play SKYFAN & TURBO HEATER on SKYX’s U.S. e‑commerce platform and at a leading national retailer, along with expectations for broader retail rollouts. Other releases detail deployments or planned deployments of SKYX’s advanced and smart plug & play technologies in multi‑unit residential developments, townhome and apartment projects, and large mixed‑use smart city initiatives.
Investors following SKYX news will also see updates on its AI ecosystem and platform capabilities, including participation in the NVIDIA Connect Program to support its all‑in‑one smart home platform and hub. Corporate updates and quarterly results announcements provide context on revenue trends, capital raises, restructuring of convertible notes, and agreements with real estate developers and manufacturing partners.
This news feed allows readers to track how SKYX is applying its patented ceiling outlet, smart home hub, and plug & play products across residential, commercial, and hospitality projects, as well as how it is pursuing recurring revenue opportunities through AI‑enabled services, monitoring, and subscriptions. For those researching SKYX stock (SKYX), the news page offers an ongoing view of the company’s operational progress, partnerships, and strategic initiatives.
SKYX (NASDAQ: SKYX) closed a $4.0 million equity investment from Philotimo Fund, LP at $2.00 per share in straight common stock with no warrants (2,000,000 shares). This new investor joins long‑term and strategic holders and brings recent funding to approximately $14.0 million raised over the past three months. Proceeds are intended to strengthen the balance sheet, support growth across commercial, retail and smart home platforms, and aid the company’s path to becoming cash flow positive.
SKYX (NASDAQ: SKYX) will supply smart-home technologies to the Lake Shore Reserve waterfront development on Hickory Lake in Granite Falls, North Carolina, near Microsoft’s planned 1,385-acre mega park. The project's first phase includes 140 luxury smart single-family homes. SKYX is expected to provide an all-in-one smart home platform hub integrated with the NVIDIA AI ecosystem and deliver over 10,000 units of plug-and-play devices and lighting products, including ceiling lights, fans, recessed/down lights, wall lights, EXIT and emergency lights, and plug-in LED backlight mirrors. SKYX says this expansion may create future recurring revenue opportunities from upgrades, AI services, monitoring, and subscriptions.
SKYX (NASDAQ: SKYX) joined the NVIDIA Connect Program, gaining access to NVIDIA’s cloud and GPU/DPU-accelerated AI ecosystem to support development of its patented all-in-one ceiling smart home platform and hub. SKYX says the platform combines safety, security, voice, app controls, 911 calling, smoke/CO detection, thermostat, intercom, speakers, lighting, and Wi‑Fi mesh capabilities.
The company expects to include NVIDIA AI features in future U.S. and global projects, citing potential participation in the upcoming $4 billion Miami smart city, and highlights roadmap items such as computer vision, elderly monitoring, fall detection, Matter protocol support, and recurring AI services.
SKYX (NASDAQ: SKYX) provided a corporate update on Jan 5, 2026, reporting $9.5 million in new investment from leading shareholders and $13 million in cash, cash equivalents, restricted cash, and receivables as of Sept 30, 2025.
Key operational items include a board member conversion of an $835,000 convertible note at $2.20 per share, extension/conversion of $13.5 million in notes to maturity in 2030, planned deployment of > 60,000 products by end of Q1 2026, and expected deployment of 500,000 units into a Miami smart‑city project. SKYX reported consecutive quarterly revenues from Q1 2024–Q3 2025 (examples: $19M Q1/24, $24M Q3/25) and announced an AI e‑commerce rollout projected to lift sales up to 30%.
SKYX (NASDAQ: SKYX) announced the launch of its patented all-in-one SKYFAN & Turbo Heater at U.S. retailer Target, with production underway and retail rollout planned in Q4 2025 and Q1 2026 to align with the winter season.
Management expects significant growth in the Target channel during 2026, additional winter launches at other leading U.S. retailers and big-box chains, and that the product will contribute to revenue beginning this winter and help advance the company toward cash-flow positivity.
The product will be offered in six colors for residential and commercial markets and combines a ceiling fan with a built-in turbo heater as an alternative to traditional space heaters.
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.
SKYX Platforms (NASDAQ: SKYX) announced that Founder & Executive Chairman Rani Kohen and CEO Lenny Sokolow will present at NobleCon21 on Wednesday, December 3, 2025 at 4:00 PM ET at Florida Atlantic University's Executive Education Complex in Boca Raton, Florida.
Investors and guests are invited to attend at a discounted rate using a company-provided discount code. A high-definition video webcast of the presentation will be posted the following day on www.skyplug.com and included in the full NobleCon21 catalog at www.nobleconference.com and www.channelchek.com. The webcast will be archived on those platforms for 90 days after the event.
SKYX (NASDAQ: SKYX) announced it is expected to supply its smart plug-and-play lighting and safety technologies to a 340-unit residential development in San Antonio, Texas led by Landmark Companies on Nov. 19, 2025.
The scope includes 88 townhomes and 252 apartments and more than 15,000 units of ceiling lighting, fans, recessed/downlights, EXIT and emergency lights, wall lights and plug-in LED mirrors. Landmark is described as a developer with 27 years experience and over 3,000 units in development. SKYX highlighted recurring revenue potential from interchangeability, upgrades, AI services, monitoring and subscriptions.
SKYX (NASDAQ: SKYX) reported record $24.0M revenue for Q3 2025 vs $23.0M in Q2 2025, with gross profit of $8.0M and gross margin of 32% (vs 30% in Q2). As of Sept 30, 2025, the company reported $13M in cash, cash equivalents, restricted cash and receivables and raised an additional $5M from existing investors.
Operational highlights include a strategic agreement with Global Ventures Group to deploy hundreds of thousands of units in Middle East projects, a $3B Miami smart‑city collaboration expected to require >500,000 units, a supply agreement for ~10,000 units to a 278‑unit Austin project, a new AI e‑commerce platform targeting +30% conversion, and a U.S. manufacturing partnership with Profab Electronics.
SKYX (NASDAQ: SKYX) will host a corporate update call to present its Third Quarter 2025 overview and financial results.
The call is scheduled for Wednesday, November 12, 2025 at 4:30 p.m. Eastern Time. Participating speakers include Rani Kohen (Founder & Executive Chairman), Lenny Sokolow (CEO) and Steve Schmidt (President).
Dial-in numbers and a live webcast are provided for U.S./Canada and international participants, with a replay available until December 12, 2025. Investors are asked to dial in at least 10 minutes early.