Streetbeat News

SKYX

SKYX Platforms Corp.

https://www.skyplug.com

Industry

Electrical Equipment & Parts

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings. It offers power-plugs; universal power-plug and receptacle products; and smart products. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is headquartered in Pompano Beach, Florida.

Open

1.12

Mkt cap

118M

Volume

273K

High

1.19

P/E Ratio

-2.92

52-wk high

2.13

Low

1.10

Div yield

N/A

52-wk low

0.72

SKYX Platforms Corp. has pre-announced record revenues of $23.7 million for Q4 2024, up from $22.2 million in Q3, indicating strong market penetration and growth. The company benefits from recurring revenue opportunities through its technologies.

Portfolio Pulse from

March 18, 2025 | 11:30 am

SKYX Platforms Corp. pre-announced record fourth-quarter 2024 revenues of $23.7 million, up from $22.2 million in the third quarter, indicating strong market penetration and growth. The company leverages technologies that offer recurring revenue opportunities through interchangeability, upgrades, monitoring, and subscriptions.

Portfolio Pulse from

March 17, 2025 | 2:15 pm

SKYX Platforms Corp. has appointed former Amazon E-Commerce Director Huey Long to lead its e-commerce platform. This move aims to enhance SKYX's market penetration across its 60 lighting and home décor websites and other leading e-commerce channels.

Portfolio Pulse from

March 03, 2025 | 3:15 pm

Huey Long, former Amazon E-Commerce Director, joins SKYX Platforms Corp. to lead its e-commerce platform, aiming to expand market penetration across 60 lighting and home décor websites. Long's experience includes leadership roles at Walmart and Ashley Furniture.

Portfolio Pulse from

March 03, 2025 | 2:30 pm

SKYX Platforms Corp. is collaborating with Cavco Homes, a leading U.S. prefabricated home manufacturer. This partnership aims to integrate SKYX's smart home technologies into Cavco's prefabricated homes, potentially enhancing product offerings and market reach for both companies.

Portfolio Pulse from

February 24, 2025 | 4:15 pm

SKYX Platforms Corp. is collaborating with Cavco Industries to integrate its advanced smart home technologies into Cavco's premium prefabricated homes. This partnership will be showcased at the International Builders' Show in Las Vegas.

Portfolio Pulse from

February 24, 2025 | 4:00 pm

SKYX Platforms Corp. will supply its advanced smart plug & play technologies to three upcoming ultra-high-end luxury projects by Forte Developments.

Portfolio Pulse from

February 20, 2025 | 2:00 pm

SKYX Platforms is poised for growth with its innovative ceiling outlet receptacle, strategic partnerships, and licensing agreements. Despite a slow Q3, stable costs and strong financing position the company for increased sales and cash flow positivity.

Portfolio Pulse from

February 15, 2025 | 12:45 am

Greg St. John, former head of Home Depot's lighting category, joins SKYX Platforms Corp. as President of Lighting, Fans, and Smart Home Products. SKYX aims to expand its presence in major retail channels and commercial projects.

Portfolio Pulse from

February 11, 2025 | 1:45 pm

Greg St. John, former head of lighting at Home Depot, has joined SKYX Platforms Corp. as President of Lighting, Fans, and Smart Home Products. SKYX is a smart platform technology company with numerous patents.

Portfolio Pulse from

February 11, 2025 | 1:45 pm

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