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SKYX to Collaborate with EGLO, European World Leading Design and Manufacturer of Decorative Lighting and Ceiling Fans

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SKYX Platforms Corp. (NASDAQ: SKYX) has announced a collaboration with EGLO, a leading European designer and manufacturer of decorative lighting and ceiling fans. The partnership aims to explore and develop products integrating SKYX's technology for European and global markets, catering to EGLO's international customer base. This collaboration is expected to enhance SKYX's market penetration in the U.S. and globally through online, retail, and builder segments.

SKYX, with over 97 issued and pending patents globally and more than 60 lighting and home décor websites, offers advanced smart technologies that make homes and buildings smart and safe. The collaboration is seen as a step towards expanding the applicability and penetration of SKYX's technology in European and global markets and distribution channels.

SKYX Platforms Corp. (NASDAQ: SKYX) ha annunciato una collaborazione con EGLO, un importante designer e produttore europeo di illuminazione decorativa e ventilatori da soffitto. L'obiettivo della partnership è quello di esplorare e sviluppare prodotti che integrano la tecnologia di SKYX per i mercati europei e globali, rispondendo così alla clientela internazionale di EGLO. Si prevede che questa collaborazione potenzi la penetrazione di mercato di SKYX negli Stati Uniti e a livello globale attraverso segmenti online, retail e di costruzione.

SKYX, con oltre 97 brevetti rilasciati e in attesa a livello globale e più di 60 siti web dedicati all'illuminazione e all'arredamento, offre tecnologie smart avanzate che rendono case e edifici intelligenti e sicuri. La collaborazione è vista come un passo verso l'espansione dell'applicazione e della penetrazione della tecnologia di SKYX nei mercati e nei canali di distribuzione europei e globali.

SKYX Platforms Corp. (NASDAQ: SKYX) ha anunciado una colaboración con EGLO, un destacado diseñador y fabricante europeo de iluminación decorativa y ventiladores de techo. El objetivo de la asociación es explorar y desarrollar productos que integren la tecnología de SKYX para los mercados europeos y globales, atendiendo a la base de clientes internacional de EGLO. Se espera que esta colaboración mejore la penetración de mercado de SKYX en EE.UU. y a nivel global a través de los segmentos en línea, minorista y de construcción.

SKYX, con más de 97 patentes emitidas y pendientes en todo el mundo y más de 60 sitios web de iluminación y decoración del hogar, ofrece tecnologías inteligentes avanzadas que hacen que hogares y edificios sean inteligentes y seguros. Se considera que la colaboración es un paso hacia la expansión de la aplicabilidad y penetración de la tecnología de SKYX en los mercados y canales de distribución europeos y globales.

SKYX 플랫폼스 주식회사(NASDAQ: SKYX)는 유럽의 주요 장식 조명 및 천장팬 제조업체인 EGLO와 협력하기로 발표했습니다. 이 파트너십의 목표는 SKYX의 기술을 통합한 제품을 탐색 및 개발하는 것이며, 이는 EGLO의 국제 고객층을 겨냥한 것입니다. 이 협력은 SKYX의 시장 침투력을 미국과 전 세계적으로 강화할 것으로 예상됩니다, 온라인, 소매 및 건축 부문을 통해서입니다.

전 세계적으로 97개 이상의 특허가 발행 및 대기 중인 SKYX는 60개 이상의 조명 및 집 장식 웹사이트를 운영하며, 스마트하고 안전한 주거 및 건물 환경을 만드는 고급 스마트 기술을 제공합니다. 이 협력은 SKYX의 기술이 유럽 및 글로벌 시장과 유통 채널에 더 잘 적용되고 침투하는 방향으로 나아가는 첫걸음으로 여겨지고 있습니다.

SKYX Platforms Corp. (NASDAQ: SKYX) a annoncé une collaboration avec EGLO, un designer et fabricant européen de premier plan spécialisé dans l'éclairage décoratif et les ventilateurs de plafond. L'objectif de ce partenariat est d'explorer et de développer des produits intégrant la technologie de SKYX pour les marchés européens et mondiaux, en répondant aux besoins de la clientèle internationale d'EGLO. Cette collaboration devrait renforcer la pénétration de marché de SKYX aux États-Unis et à l'échelle mondiale à travers les segments en ligne, de détail et de construction.

SKYX, avec plus de 97 brevets délivrés et en attente dans le monde entier et plus de 60 sites web dédiés à l'éclairage et à la décoration intérieure, propose des technologies intelligentes avancées qui rendent les maisons et les bâtiments intelligents et sûrs. Cette collaboration est perçue comme un pas vers l'expansion de l'applicabilité et de la pénétration de la technologie de SKYX sur les marchés et canaux de distribution européens et mondiaux.

SKYX Platforms Corp. (NASDAQ: SKYX) hat eine Zusammenarbeit mit EGLO angekündigt, einem führenden europäischen Designer und Hersteller von dekorativen Beleuchtungen und Deckenventilatoren. Ziel der Partnerschaft ist es, Produkte zu erkunden und zu entwickeln, die die Technologie von SKYX integrieren für den europäischen und globalen Markt, um der internationalen Kundenbasis von EGLO gerecht zu werden. Es wird erwartet, dass diese Zusammenarbeit die Marktdurchdringung von SKYX in den USA und global durch Online-, Einzelhandels- und Bau-Segmente verbessern wird.

SKYX verfügt über über 97 erteilte und anhängige Patente weltweit und betreibt mehr als 60 Websites für Beleuchtung und Wohnkultur, die fortschrittliche Smart-Technologien anbieten, die Häuser und Gebäude intelligent und sicher machen. Diese Zusammenarbeit wird als Schritt zur Erweiterung der Anwendbarkeit und Durchdringung der Technologie von SKYX in den europäischen und globalen Märkten sowie Vertriebskanälen angesehen.

Positive
  • Collaboration with EGLO, a leading European lighting and ceiling fan manufacturer
  • Potential expansion into European and global markets
  • Expected enhancement of SKYX's market penetration in U.S. and global markets
  • Over 97 issued and pending patents globally
  • More than 60 lighting and home décor websites owned by SKYX
Negative
  • None.

The Collaboration Provides for the Joint Exploration and Product Development Potential for European and International markets for leveraging SKYX’s Technology, Product and Manufacturing Expertise of the Two Companies

MIAMI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the "Company" or "SKYX"), a highly disruptive smart platform technology company with more than 97 issued and pending patents globally and over 60 lighting and home décor websites, announces a new collaboration with EGLO, an international market leading designer and manufacturer of decorative and functional lighting and ceiling fans.

The collaboration provides for the two companies to explore and evaluate the development of products that integrate SKYX’s technology for European and global markets, and the product driven needs of EGLO’s international customer base.

The collaboration is expected to further enhance SKYX’s U.S. and global market penetration through online, retail and builder segments.

SKYX’s advanced and smart technologies make homes and buildings smart and safe, while saving time, cost, and creating significant value for property developers and homeowners.

Rani Kohen, Founder and Executive Chairman of SKYX, said: “This collaboration opportunity is just another step in expanding the applicability and penetration of our technology to European and global markets and distribution channels. Aligning with industry leaders who support our vision for growth and innovation in smart home and lighting sectors is significant to our global expansion strategy.

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


FAQ

What is the purpose of SKYX's collaboration with EGLO?

The collaboration aims to explore and develop products integrating SKYX's technology for European and global markets, catering to EGLO's international customer base and enhancing SKYX's market penetration.

How many patents does SKYX Platforms Corp. (NASDAQ: SKYX) have?

SKYX has more than 97 issued and pending patents globally.

What markets is SKYX targeting with this collaboration?

SKYX is targeting European and global markets, as well as enhancing its presence in U.S. markets through online, retail, and builder segments.

What does SKYX's technology offer for homes and buildings?

SKYX's advanced and smart technologies make homes and buildings smart and safe, while saving time, cost, and creating significant value for property developers and homeowners.

SKYX Platforms Corp.

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