SKYX Platforms Corp. Announces Expansion of Smart Home Technologies Through Retail Partnerships and Safety Standardization Efforts

SKYX Platforms Corp. has announced a corporate update highlighting new product launches, a collaboration with NVIDIA's AI Ecosystem Connect Program, and $33 million in recent investments from fundamental institutions. The company has launched its patented advanced SKYFAN and Turbo Heater products at major U.S. retailers including Home Depot, where it has established a new SkyPlug branding page on homedepot.com, as well as at Target, Walmart, Lowe's, and through its e-commerce platform with 60 websites.

The company's revenues have increased for seven consecutive comparable quarters from Q1 2024 through Q3 2025, and management expects continued quarterly growth. SKYX anticipates securing additional significant business opportunities during 2026 and expects to deploy over 100,000 of its products into homes and units through retail and professional segments by year's end. The company is also expected to supply its advanced and smart home technologies to upcoming projects including a North Carolina smart home community, developments in Austin and San Antonio, Texas, Miami's new $4 billion smart city project, and international projects in Saudi Arabia and Egypt.

SKYX's safety code standardization team continues progress toward establishing mandatory safety standards for its ceiling outlet and receptacle technology in homes and buildings. The team is led by industry veterans Mark Earley, former head of the National Electrical Code, and Eric Jacobson, former President and CEO of the American Lighting Association. The company believes its products can save insurance companies billions of dollars annually by reducing fires, ladder falls, and electrocutions, and expects insurance company recommendations once it completes its full product range.

Following recent capital raises totaling over $33 million, including a $25 million investment from one fundamental institution at $2.50 per share, management believes the company is well capitalized to execute growth initiatives while progressing toward sustained cash-flow generation and profitability. The company has extended and converted $13.5 million in notes with maturity extended to 2030. SKYX will be launching new AI-driven software for its e-commerce platform expected to increase conversion rates and sales by up to 30%.

The company has successfully demonstrated its technology during a Marriott Hotel renovation and expects to grow its hotel segment during 2026. The Shaner Group, owner and developer of more than 70 hotels worldwide, led a $16.5 million investment round. SKYX has secured strategic manufacturing partnerships in the U.S., Vietnam, Taiwan, China, and Cambodia. The company's technologies provide opportunities for recurring revenues through interchangeability, upgrades, AI services monitoring, and subscriptions, with a total addressable market in the U.S. estimated at roughly $500 billion with over 4.2 billion ceiling applications.