SKYX Platforms Corp. Secures $25 Million in Registered Direct Offering to Advance Smart Home Technology

SKYX Platforms Corp. (NASDAQ: SKYX) has entered into a securities purchase agreement with one fundamental institutional investor to raise $25 million in gross proceeds through a registered direct offering. The company will issue 10 million shares of common stock at a purchase price of $2.50 per share with no warrants, with net proceeds intended for working capital and general corporate purposes. The closing is expected on or about Jan. 26, 2026, subject to customary closing conditions, with Roth Capital Partners acting as exclusive placement agent.

This capital infusion is significant for SKYX Platforms, a technology platform company focused on making homes and buildings safe, advanced, and smart as the new standard. As electricity is present in every home and building, SKYX is developing disruptive plug & play technologies designed to modernize traditional electrical infrastructure while improving safety, functionality, and ease of use. The company holds over 100 issued and pending U.S. and global patents and owns 60 lighting and home décor websites serving both retail and professional markets.

SKYX’s platform emphasizes high-quality design, simplicity, and enhanced safety, with applications intended for every room in residential, commercial, hospitality, and institutional buildings worldwide. The company’s technologies support recurring revenue opportunities through product interchangeability, upgrades, AI-enabled services, monitoring, and subscriptions. SKYX follows a “razor-and-blades” model, anchored by its advanced ceiling electrical outlet platform and an expanding portfolio of plug & play smart home products, including lighting, recessed and down lights, emergency and exit signage, ceiling fans, chandeliers, indoor and outdoor fixtures, and themed lighting solutions.

The company’s plug & play technology enables rapid installation in high-rise buildings and hotels, reducing deployment timelines from months to days. SKYX estimates its U.S. total addressable market at approximately $500 billion, with more than 4.2 billion ceiling applications in the U.S. alone. Revenue streams are expected to include product sales, licensing, royalties, subscriptions, monitoring services, and the sale of global country rights. The latest news and updates relating to SKYX are available in the company’s newsroom at https://ibn.fm/SKYX.

This funding round represents a critical step for SKYX Platforms as it seeks to capitalize on the growing smart home market. The company’s focus on safety and standardization addresses significant gaps in current electrical infrastructure, particularly in older buildings where traditional wiring presents both safety hazards and modernization challenges. By providing a platform that simplifies installation while enhancing functionality, SKYX aims to establish its technology as the new industry standard.

The registered direct offering structure allows SKYX to raise capital efficiently while minimizing dilution compared to traditional public offerings. With Roth Capital Partners facilitating the transaction, the company gains access to institutional investment that can support its ambitious growth plans. The timing of this capital raise positions SKYX to accelerate product development, expand market penetration, and strengthen its intellectual property portfolio as competition in the smart home sector intensifies.