SKYX Platforms Corp. (SKYX) Presents at Investor Presentation Event (Transcript)

Summary of SKYX Platforms Corp. Investor Presentation Event Company Overview - Company: SKYX Platforms Corp. (NASDAQ:SKYX) - Industry: Home and building markets, focusing on smart home technology and lighting solutions Key Points and Arguments 1. Mission Statement: The mission is to make homes and buildings safe and smart as a new standard, with a strong emphasis on protecting intellectual property, holding 60 global patents and 10 trademarks [5][6][12] 2. Product Offerings: The company aims to simplify installations, provide cost and time savings, and enhance safety through its products, which include smart plugs and receptacles [6][16] 3. Market Potential: The addressable market is over $500 billion in the U.S. alone, indicating significant revenue opportunities across various sectors including lighting, retail, and commercial/residential buildings [7][6] 4. Regulatory Approvals: Achievements include approvals from the National Electric Code (NEC), ANSI, and NEMA for their products, which are critical for market acceptance and safety standards [8][9][10][21] 5. Safety Focus: The products are designed to prevent hazardous incidents, with a focus on life-saving features, which is a key selling point for regulators and consumers alike [19][30] 6. Upcoming Product Launches: The company plans to start pre-sales for its generation one products in December, with significant marketing efforts planned for CES and Lightovation events [11][27][35] 7. Cash Position: The company has approximately $21 million in cash, expected to last for 18 to 24 months, allowing for strategic growth and product launches [11][43] 8. Team and Leadership: The leadership team includes experienced professionals from various industries, enhancing the company's strategic direction and operational capabilities [13][14][15] Additional Important Content 1. Innovative Technology: The company’s products are designed to eliminate the need for hazardous installations, reducing the risk of injuries associated with traditional methods [18][30] 2. Consumer Engagement: Plans to engage with key opinion makers and utilize social media to generate buzz around the technology and products, focusing on safety education [52] 3. Global Licensing Opportunities: The company is exploring global licensing agreements, which could expand its market reach and influence [7][35] 4. Future Mandates: There is potential for regulatory mandates regarding the use of their products, which could significantly boost demand [50][56] This summary encapsulates the core aspects of the investor presentation, highlighting the company's strategic direction, product offerings, market potential, and regulatory achievements.