SKYX Platforms Corp. (SKYX)

Over the past six months, SKYX Platforms Corp. stock has experienced significant positive movement. Key events impacting the stock include equity raises, product launches and partnerships, international expansion, AI-driven software launch, record revenues, and project wins. The company secured an $11 million equity preferred stock investment in October 2024 and raised an additional $3.25 million in September 2025. SKYX announced a surge in demand ahead of the launch of its new all-in-one smart turbo heater and ceiling fan in August 2025. A significant agreement with Global Ventures Group in November 2025 to expand smart home and building technologies into the Middle East is expected to involve supplying hundreds of thousands of units for various projects. In November 2025, SKYX announced the launch of new AI-driven software for its e-commerce platform of 60 websites, anticipating a 30% increase in conversion rates and sales. The company reported record revenues of $24 million in the third quarter of 2025, marking seven consecutive quarters of revenue growth. SKYX is set to deploy over 500,000 units of its advanced smart home technologies in Miami's $3 billion Urban Smart Home City project and over 10,000 units in a 278-apartment project in Texas.

While not explicitly detailed as a strong seasonal business, SKYX Platforms Corp.'s products and collaborations suggest some demand seasonality. The company's technologies facilitate fixture replacements for seasonality, energy savings, holidays, smart capabilities and renovations. The launch of an all-in-one all-season product aims to address varying consumer needs throughout the year, implying that demand for certain products might fluctuate with seasons. The company's e-commerce platform and focus on home decor also suggest potential increases in demand during holiday seasons or periods of home renovation.

SKYX Platforms Corp. operates in the smart home and building technology industry, focusing on proprietary technology for quick and safe installation of electrical fixtures. Its major products include weight-bearing power-plugs, Sky Universal Power-Plug & Receptacle, SkyHome App, Sky Smart Gen-2, smart solutions for ceiling fans and lighting, an all-in-one smart platform, and a smart turbo heater and ceiling fan. The company also owns and operates over 60 lighting and home decor websites.

SKYX Platforms Corp. is headquartered in Pompano Beach, Florida, and generates income from lighting and heating products sold in the USA, with expansion into Canada. It has an Israeli office and agreements to expand into the Middle East, specifically Saudi Arabia and Egypt. Its global network of service partners extends across North America, Europe, and Asia-Pacific. The company holds over 100 pending and issued patents globally.

SKYX Platforms Corp. has cultivated a positive brand reputation through its commitment to innovation, safety, and sustainability, winning seven CES Awards. Collaborations with major retailers and strategic partnerships further bolster its reputation. However, its DitchCarbon Score of 23 is lower than the industry average, indicating below-average carbon action and commitment to reducing emissions.

SKYX Platforms Corp. has a diverse ownership structure, with 12.20% held by institutional shareholders, 34.46% by insiders, and 53.34% by retail investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and Geode Capital Management, LLC. Key individual and insider owners include Dov Shiff, Ran Roland Kohen, Thomas J. Ridge, Leonard J. Sokolow, John P. Campi, and Stephen M. Schmidt.