SKYX Platforms Expands Smart Home Infrastructure with Miami Project and Russell Index Inclusion

SKYX Platforms Corp. is poised to make substantial strides in the smart home technology market through a major infrastructure deployment in Miami and upcoming inclusion in prominent stock market indexes. The company will serve as the exclusive smart home infrastructure provider for a $3 billion mixed-use development in Miami's Little River District, installing over 500,000 smart home devices.

The project represents a significant milestone for SKYX, demonstrating the scalability and potential of its advanced home technology platform. By securing an exclusive infrastructure role in such a large-scale development, the company is positioning itself as a key player in the evolving smart home technology sector.

In addition to the Miami project, SKYX has been selected for inclusion in the Russell 2000 and Russell 3000 Indexes, effective June 27, 2025. This inclusion is a notable achievement that typically signals a company's growing market capitalization and increasing investor confidence.

The company's recent financial performance further underscores its growth trajectory. SKYX reported record first-quarter revenue of $20.1 million and has reaffirmed its outlook for achieving cash flow positivity in the second half of the year. With over 97 U.S. and global patents and patent pending applications, SKYX is developing technologies aimed at enhancing safety and lifestyle in residential and commercial buildings.

The Miami project and index inclusion suggest SKYX is transitioning from a emerging technology company to a more established market participant. By focusing on creating smart home infrastructure that emphasizes safety, quality, and ease of use, the company is positioning itself to meet growing consumer and commercial demands for integrated, intelligent living spaces.