Core Insights - SKYX Platforms Corp. has launched its new patented all-in-one ceiling plug & play SKYFAN and Turbo Heater at Home Depot, which is expected to significantly enhance product visibility and consumer education in 2026 [1][2][7] - The ceiling fan and space heater categories represent a multi-billion-dollar annual market in North America, indicating substantial growth potential for the company [1][4] - The launch of the dedicated SkyPlug branding page on HomeDepot.com aims to support product education and awareness, facilitating scalable growth for SKYX [2][3] Company Overview - SKYX Platforms Corp. is a technology platform company focused on making homes and buildings safe, advanced, and smart, holding over 100 patents globally and operating 60 lighting and home décor websites [8][9] - The company emphasizes high-quality design, simplicity, and enhanced safety in its products, which are intended for various applications in residential, commercial, hospitality, and institutional settings [9][10] - SKYX's business model includes recurring revenue opportunities through product interchangeability, upgrades, AI-enabled services, and subscriptions, following a "razor-and-blades" strategy [10] Product Details - The SKYFAN and Turbo Heater product combines a ceiling fan with an integrated turbo heater, designed for year-round use to address both heating and cooling needs, improving safety and efficiency [4][5] - The company plans to expand variations and additional SKUs of the Turbo Heater Ceiling Fan to cater to both residential and commercial markets, responding to early demand [5] Market Potential - SKYX estimates its total addressable market in the U.S. at approximately $500 billion, with over 4.2 billion ceiling applications available, indicating a vast opportunity for market penetration [11]

Group 1 - SKYX Platforms Corp. has shown strong performance with a year-to-date return of approximately 26.3%, significantly outperforming the Business Services sector, which has returned an average of -11.8% [4] - The Zacks Consensus Estimate for SKYX's full-year earnings has increased by 12.5% over the past three months, indicating improved analyst sentiment and earnings outlook [4] - SKYX Platforms Corp. holds a Zacks Rank of 2 (Buy), suggesting a favorable investment outlook based on earnings estimates and revisions [3] Group 2 - SKYX Platforms Corp. is part of the Technology Services industry, which consists of 110 individual stocks and has an average return of 14.5% year-to-date, indicating that SKYX is performing better than its industry peers [6] - Another stock in the Business Services sector, V2X, has also outperformed the sector with a year-to-date return of 25.2% and holds a Zacks Rank of 2 (Buy) [5][6]

SKYX Announces Closing of $25 Million in Funding via Offering of Common Stock at $2.50 per share from One Fundamental Institutional Investor MIAMI, Jan. 27, 2026 – PRISM MediaWire (Press Release Service – Press Release Distribution) – SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive smart home platform plug & play technology company with over 100 pending and issued patents globally and 60 lighting and home décor websites, with a mission to make ho ...

Core Viewpoint - SKYX Platforms Corp. has announced a registered direct offering to raise $25 million by issuing 10 million shares at a price of $2.50 per share, aimed at enhancing its working capital and general corporate purposes [2][3]. Company Overview - SKYX Platforms Corp. is a technology platform company focused on creating smart and safe homes and buildings, holding over 100 patents globally and operating 60 lighting and home décor websites [2][7]. - The company aims to modernize traditional electrical infrastructure with its plug & play technologies, enhancing safety and functionality [7][8]. Offering Details - The offering will consist of 10 million shares priced at $2.50 each, with no warrants included, and is expected to close around January 26, 2026, pending customary closing conditions [3][4]. - Roth Capital Partners is serving as the exclusive placement agent for this offering [4]. Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [3]. Market Potential - SKYX estimates its total addressable market in the U.S. to be approximately $500 billion, with over 4.2 billion ceiling applications available [11]. - The company’s revenue streams are anticipated to include product sales, licensing, royalties, subscriptions, and monitoring services [11]. Technology and Business Model - SKYX's technologies support recurring revenue through product interchangeability, upgrades, AI-enabled services, and subscriptions, following a "razor-and-blades" business model [9]. - The company offers a range of smart home products, including lighting solutions and fixtures, designed for rapid installation in various building types [10].

Core Insights - SKYX Platforms Corp. anticipates significant growth in its business with Lowes during 2026, driven by strong demand for its innovative products [1][6] - The company is launching a patented all-in-one ceiling plug & play SKYFAN and Turbo Heater, which is expected to generate substantial revenue during the winter and throughout fiscal year 2026 [1][2] Product Overview - The SKYFAN and Turbo Heater combines a ceiling fan with a built-in turbo heater, providing a safer and more efficient alternative to traditional space heaters, addressing a multi-billion-dollar market with tens of millions of units sold annually in North America [2][3] - The product will be available in six colors to cater to both residential and commercial markets, with production already underway [3] Market Potential - The ceiling fan and space heater categories represent a multi-billion-dollar annual market, with significant sales opportunities year-round [2] - SKYX estimates its total addressable market in the U.S. at approximately $500 billion, with over 4.2 billion ceiling applications available [11] Business Strategy - The company follows a "razor-and-blades" model, focusing on recurring revenue opportunities through product interchangeability, upgrades, and AI-enabled services [10] - SKYX aims to expand its presence across additional leading retailers and big-box chains, emphasizing innovation, safety, and scalable solutions [6]

Core Viewpoint - SKYX Platforms Corp. has successfully raised a total of $14 million in funding over the past three months, which will support its growth initiatives and path to cash flow positive status [3]. Funding Details - The latest investment includes a $4 million equity investment from Philotimo Fund, LP, at a price of $2.00 per share, resulting in the purchase of 2,000,000 shares of common stock [2]. - This investment is part of a broader funding effort that has seen approximately $14 million raised from strategic investors and long-term shareholders [3]. Company Overview - SKYX is a technology platform company focused on creating smart, safe, and advanced homes and buildings, holding over 100 issued and pending patents globally [6][7]. - The company operates more than 60 lighting and home décor websites, targeting both retail and professional markets [7]. Market Potential - SKYX estimates its total addressable market in the U.S. to be around $500 billion, with over 4.2 billion ceiling applications available [9]. - Revenue streams are expected to include product sales, licensing, royalties, subscriptions, and monitoring services [9]. Business Model - The company follows a "razor-and-blades" model, with a focus on advanced ceiling electrical outlet platforms and a growing portfolio of plug & play smart home products [8]. - SKYX's technologies are designed to support recurring revenue opportunities through product interchangeability, upgrades, and AI-enabled services [8]. Strategic Vision - The company aims to expand its retail distribution and commercial deployments while building out its AI ecosystem, positioning itself for significant growth in 2026 and beyond [5]. - The new investment reflects increasing institutional recognition of SKYX's platform vision and technology leadership [5].

Core Viewpoint - SKYX Platforms Corp. is set to supply its advanced smart home technologies for the luxury residential development Lake Shore Reserve in Granite Falls, North Carolina, which will feature 140 luxury smart single-family homes [1][3]. Group 1: Project Overview - The Lake Shore Reserve project will include luxury amenities such as swimming pools, a state-of-the-art gym, modern meeting facilities, pickleball courts, nature walking trails, and landscaped green spaces [2]. - The first phase of the project will consist of 140 luxury smart single-family homes [1]. Group 2: Technology and Products - SKYX is expected to provide an all-in-one smart home platform hub integrated with the NVIDIA AI ecosystem, comprising over 10,000 units of advanced smart plug & play technologies, including ceiling lighting, recessed lights, downlights, wall lights, EXIT signs, and emergency lights [1][3]. - The expansion of SKYX's technologies offers additional opportunities for future recurring revenues through interchangeability, upgrades, AI services, monitoring, and subscriptions [1]. Group 3: Company Background and Collaboration - 1Majestic Development Co., the developers of the Lake Shore Reserve, have over 20 years of experience in building luxury homes and developments in North Carolina and Florida [4]. - The collaboration between SKYX and 1Majestic Development aims to enhance home values and create smarter, safer homes for the future [8][9].

Core Insights - SKYX Platforms Corp. has entered Nvidia's artificial intelligence ecosystem to enhance its ceiling-based automation platform [1] - The collaboration provides SKYX access to Nvidia's cloud tools, GPU systems, and AI software frameworks, which will be integrated into its product lineup [1][2] Technology Platform - The ceiling-mounted hub from SKYX integrates various functionalities such as safety sensors, lighting controls, audio systems, and wireless connectivity [2] - Nvidia's ecosystem will enable advanced features like speech recognition, anomaly detection, and real-time analytics within the SKYX platform [2] - The partnership aims to transform ceilings into intelligent control centers for both residential and commercial spaces [2] Security Framework - Nvidia's infrastructure allows for encrypted processing of anonymized data while ensuring privacy [3] - SKYX plans to introduce next-generation safety monitoring, predictive alerts, and healthcare tools, including fall detection [3] - The anticipated AI enhancements are expected to generate recurring revenue through subscriptions, analytics services, and device upgrades [3] Market Context - The demand for AI-driven home automation is increasing globally, attracting investor interest due to rising needs for safety and efficiency [4] - The collaboration with Nvidia is expected to accelerate innovation and enhance product differentiation in the smart infrastructure market [5] - SKYX intends to deploy its Nvidia-powered platform in both U.S. and international projects, including large-scale smart city initiatives [5]

Core Insights - NVIDIA's Connect Program aims to support advanced technology companies in developing AI-powered products, enhancing market opportunities and growth [1][4] - SKYX Platforms Corp. has joined the NVIDIA Connect Program to leverage NVIDIA's AI ecosystem for its all-in-one smart home platform, which is part of a broader strategy to create safe and smart homes [2][4] Group 1: NVIDIA Connect Program - The NVIDIA Connect Program is designed to accelerate the development of AI solutions, providing significant advantages and free benefits to participating companies [1][4] - SKYX's collaboration with NVIDIA is expected to enhance its smart home platform, integrating advanced AI features and cloud capabilities [2][6] Group 2: SKYX Technologies - SKYX Platforms Corp. focuses on creating a smart home platform with over 100 patents, aiming to standardize safety and smart technology in homes [2][10] - The all-in-one smart home platform includes features such as AI ecosystem integration, emergency calling, and various safety devices [3][6] - The company's total addressable market in the U.S. is approximately $500 billion, with significant opportunities for recurring revenues through its product offerings [10]

Core Insights - SKYX Platforms Corp. is expanding its AI ecosystem and product offerings, including the launch of its patented SKYFAN and Turbo Heater in major U.S. retailers and the Canadian market, driven by strong demand [1] - The company anticipates achieving cash flow positivity with the winter launch of its products and aims to deploy over 60,000 units by the end of Q1 2026 [1][5] - SKYX has reported consistent revenue growth over seven consecutive quarters, with revenues increasing from $19 million in Q1 2024 to $24 million in Q3 2025 [1][5] Financial Position - As of September 30, 2025, the company reported $13 million in total cash and has raised an additional $9.5 million from leading shareholders [2] - SKYX has extended and converted $13.5 million in notes due to 2030, indicating a strategic approach to managing its financial obligations [2] Product and Market Expansion - The company is collaborating with prominent developers to deploy over 25,000 units of its smart technologies in projects in Austin and San Antonio, Texas [1][5] - A significant partnership with Global Ventures Group aims to introduce SKYX's technologies into tens of thousands of homes and hotel rooms across the Middle East [5] - The total addressable market for SKYX's products in the U.S. is estimated at $500 billion, with over 4.2 billion ceiling applications available [9] Technological Advancements - SKYX is launching a new AI-driven software for its e-commerce platform, expected to increase conversion rates and sales by up to 30% [1][5] - The company is focused on a "Razor & Blades" business model, offering advanced ceiling electrical outlets and smart home plug & play products [9] Safety and Standardization Efforts - SKYX's Safety Code Standardization Team is making progress with support from industry leaders to establish mandatory safety standards for its technologies [1][5] - The company believes its products can significantly reduce costs for insurance companies by minimizing risks associated with electrical hazards [5]