SKYX Announces Production of its New Global Patented Advanced, Smart, Plug & Play Recessed Light

Core Insights - SKYX Technologies is set to begin production of its new patented advanced smart Plug & Play recessed lights, which are expected to significantly contribute to the company's growth in the multi-billion-unit global recessed light market [1][2][5] - The company holds a robust patent portfolio with over 94 issued and pending patents globally, including key markets such as the U.S., China, Canada, Hong Kong, and Mexico [1][4] - The total addressable market (TAM) for SKYX is estimated to exceed $500 billion, highlighting the substantial potential for growth and value creation within the smart home and lighting industries [4] Product Features and Technology - SKYX's Plug & Play recessed lights can be controlled via an app, voice control, and are compatible with major platforms such as Apple's Siri, Amazon Alexa, Google Home, and Samsung [3] - The recessed light solution addresses safety concerns associated with hazardous electrical wiring by enabling a simple installation process that saves time and costs [2] Company Vision and Market Position - The founder and executive chairman of SKYX emphasized the company's mission to make homes and buildings safer, smarter, and more advanced, positioning it as a leading technology provider in the smart home and lighting sectors [5] - The company also operates over 60 lighting and home décor websites, catering to both retail and commercial segments, further enhancing its market presence [5][9]