Core Insights - SKYX Platforms Corp. has been selected as the exclusive smart home infrastructure provider for a $3 billion mixed-use development in Miami, which will deploy over 500,000 smart home devices [1][2] - The company is set to be included in the Russell 2000® and Russell 3000® Indexes, effective June 27, 2025, as part of FTSE Russell's annual reconstitution [4] - SKYX reported record Q1 2025 results with revenue of $20.1 million, a 4.8% sequential gross margin improvement, and a 17% reduction in general and administrative expenses [5] Company Developments - The Miami project spans 63 acres in the Little River District and will integrate SKYX's patented plug & play technologies across more than 5,700 residential units, including 2,400 affordable apartments [2] - The advanced plug & play smart platform aims to support the next generation of urban developments, contributing to a connected and efficient living environment [4] - The company has expanded its footprint across the U.S. and Canada and anticipates achieving cash flow positivity in the second half of 2025, supported by its razor-and-blade business model [5] Technological Innovations - SKYX holds over 97 U.S. and global patents and patent pending applications for its advanced-safe-smart platform technologies [6] - The company's mission is to make homes and buildings safer and smarter, emphasizing high quality and ease of use to enhance safety and lifestyle [6]