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SKYX Platforms: Flipping The Switch From Concept To Commercial (Rating Upgrade)
Seeking Alpha· 2026-02-12 15:13
In June I wrote an article on SKYX platforms ( SKYX ), in which I laid out my thesis. A lot has happened since my first article, including the launch of the SkyFan (or Fandelier, as the company likesI focus on stocks with a strong competitive advantage and a strong management team. I am currently revising my own portfolio and own 17 stocks as well as some ETFs. After revision I aim to have between 10 to 15 stocks and a few broad ETFs.Analyst’s Disclosure: I/we have a beneficial long position in the shares o ...
SKYX Announces Launch at Walmart, U.S. Leading Retailer, of its Ceiling Plug & Play SKYFAN & TURBO HEATER
Globenewswire· 2026-02-11 14:19
Management Anticipates Significant Growth in Walmart Channel During 2026 Driven by Strong Demand, SKYX Expects Additional Winter Launches in Leading U.S. Retailers and Big-Box Chains The Company Anticipates that the Turbo Heater Launch Will Generate Significant Revenue in 2026 and Advance its Path to Cash-Flow Positive The Ceiling Fan and Space Heater Categories Represent a Multi-Billion-Dollar Annual Market, with Tens of Millions of Units Sold Each Year in North America MIAMI, Feb. 11, 2026 (GLOBE NEWSWIRE ...
Roth Capital Lifts SKYX Platforms Corp. (SKYX) Target Following E-Commerce and Distribution Gains
Yahoo Finance· 2026-02-09 19:12
We recently published an article titled 11 High Growth Micro-cap Stocks to Buy.  On January 22, Roth Capital analyst Gerry Sweeney raised the firm’s price target on SKYX Platforms Corp. (NASDAQ:SKYX) to $5 from $4.25 while maintaining a Buy rating, citing steady execution across the company’s strategic roadmap and growing confidence that Skyx is approaching a key inflection point. The analyst highlighted recent progress in securing new product placements, strengthening the company’s e-commerce strategy, a ...
SKYX Announces Launch at Home Depot of its Ceiling Plug & Play SKYFAN & TURBO HEATER, including a Launch of a Dedicated SkyPlug Branding Page at HomeDepot.com
Globenewswire· 2026-02-06 14:28
Core Insights - SKYX Platforms Corp. has launched its new patented all-in-one ceiling plug & play SKYFAN and Turbo Heater at Home Depot, which is expected to significantly enhance product visibility and consumer education in 2026 [1][2][7] - The ceiling fan and space heater categories represent a multi-billion-dollar annual market in North America, indicating substantial growth potential for the company [1][4] - The launch of the dedicated SkyPlug branding page on HomeDepot.com aims to support product education and awareness, facilitating scalable growth for SKYX [2][3] Company Overview - SKYX Platforms Corp. is a technology platform company focused on making homes and buildings safe, advanced, and smart, holding over 100 patents globally and operating 60 lighting and home décor websites [8][9] - The company emphasizes high-quality design, simplicity, and enhanced safety in its products, which are intended for various applications in residential, commercial, hospitality, and institutional settings [9][10] - SKYX's business model includes recurring revenue opportunities through product interchangeability, upgrades, AI-enabled services, and subscriptions, following a "razor-and-blades" strategy [10] Product Details - The SKYFAN and Turbo Heater product combines a ceiling fan with an integrated turbo heater, designed for year-round use to address both heating and cooling needs, improving safety and efficiency [4][5] - The company plans to expand variations and additional SKUs of the Turbo Heater Ceiling Fan to cater to both residential and commercial markets, responding to early demand [5] Market Potential - SKYX estimates its total addressable market in the U.S. at approximately $500 billion, with over 4.2 billion ceiling applications available, indicating a vast opportunity for market penetration [11]
Is SKYX PLATFORMS (SKYX) Outperforming Other Business Services Stocks This Year?
ZACKS· 2026-01-27 15:41
Group 1 - SKYX Platforms Corp. has shown strong performance with a year-to-date return of approximately 26.3%, significantly outperforming the Business Services sector, which has returned an average of -11.8% [4] - The Zacks Consensus Estimate for SKYX's full-year earnings has increased by 12.5% over the past three months, indicating improved analyst sentiment and earnings outlook [4] - SKYX Platforms Corp. holds a Zacks Rank of 2 (Buy), suggesting a favorable investment outlook based on earnings estimates and revisions [3] Group 2 - SKYX Platforms Corp. is part of the Technology Services industry, which consists of 110 individual stocks and has an average return of 14.5% year-to-date, indicating that SKYX is performing better than its industry peers [6] - Another stock in the Business Services sector, V2X, has also outperformed the sector with a year-to-date return of 25.2% and holds a Zacks Rank of 2 (Buy) [5][6]
SKYX Announces Closing of $25 Million in Funding via Offering of Common Stock at $2.50 per share from One Fundamental Institutional Investor
Prism Media Wire· 2026-01-27 13:00
SKYX Announces Closing of $25 Million in Funding via Offering of Common Stock at $2.50 per share from One Fundamental Institutional Investor MIAMI, Jan. 27, 2026 – PRISM MediaWire (Press Release Service – Press Release Distribution) – SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive smart home platform plug & play technology company with over 100 pending and issued patents globally and 60 lighting and home décor websites, with a mission to make ho ...
SKYX Announces Pricing of $25 Million Registered Direct Offering at $2.50 per share of Common Stock from One Fundamental Institutional Investor
Prism Media Wire· 2026-01-23 13:00
Core Viewpoint - SKYX Platforms Corp. has announced a registered direct offering to raise $25 million by issuing 10 million shares at a price of $2.50 per share, aimed at enhancing its working capital and general corporate purposes [2][3]. Company Overview - SKYX Platforms Corp. is a technology platform company focused on creating smart and safe homes and buildings, holding over 100 patents globally and operating 60 lighting and home décor websites [2][7]. - The company aims to modernize traditional electrical infrastructure with its plug & play technologies, enhancing safety and functionality [7][8]. Offering Details - The offering will consist of 10 million shares priced at $2.50 each, with no warrants included, and is expected to close around January 26, 2026, pending customary closing conditions [3][4]. - Roth Capital Partners is serving as the exclusive placement agent for this offering [4]. Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [3]. Market Potential - SKYX estimates its total addressable market in the U.S. to be approximately $500 billion, with over 4.2 billion ceiling applications available [11]. - The company’s revenue streams are anticipated to include product sales, licensing, royalties, subscriptions, and monitoring services [11]. Technology and Business Model - SKYX's technologies support recurring revenue through product interchangeability, upgrades, AI-enabled services, and subscriptions, following a "razor-and-blades" business model [9]. - The company offers a range of smart home products, including lighting solutions and fixtures, designed for rapid installation in various building types [10].
SKYX Announces Launch at U.S Leading Retailer Lowes of its Ceiling Plug & Play SKYFAN & TURBO HEATER
Globenewswire· 2026-01-21 14:00
Core Insights - SKYX Platforms Corp. anticipates significant growth in its business with Lowes during 2026, driven by strong demand for its innovative products [1][6] - The company is launching a patented all-in-one ceiling plug & play SKYFAN and Turbo Heater, which is expected to generate substantial revenue during the winter and throughout fiscal year 2026 [1][2] Product Overview - The SKYFAN and Turbo Heater combines a ceiling fan with a built-in turbo heater, providing a safer and more efficient alternative to traditional space heaters, addressing a multi-billion-dollar market with tens of millions of units sold annually in North America [2][3] - The product will be available in six colors to cater to both residential and commercial markets, with production already underway [3] Market Potential - The ceiling fan and space heater categories represent a multi-billion-dollar annual market, with significant sales opportunities year-round [2] - SKYX estimates its total addressable market in the U.S. at approximately $500 billion, with over 4.2 billion ceiling applications available [11] Business Strategy - The company follows a "razor-and-blades" model, focusing on recurring revenue opportunities through product interchangeability, upgrades, and AI-enabled services [10] - SKYX aims to expand its presence across additional leading retailers and big-box chains, emphasizing innovation, safety, and scalable solutions [6]
SKYX Announces $4 Million Strategic Investment from Philotimo Fund, LP, Investor in Growing Small-Cap Companies, at $2.00 Per Share in Straight Common with No Warrants
Globenewswire· 2026-01-14 15:42
Core Viewpoint - SKYX Platforms Corp. has successfully raised a total of $14 million in funding over the past three months, which will support its growth initiatives and path to cash flow positive status [3]. Funding Details - The latest investment includes a $4 million equity investment from Philotimo Fund, LP, at a price of $2.00 per share, resulting in the purchase of 2,000,000 shares of common stock [2]. - This investment is part of a broader funding effort that has seen approximately $14 million raised from strategic investors and long-term shareholders [3]. Company Overview - SKYX is a technology platform company focused on creating smart, safe, and advanced homes and buildings, holding over 100 issued and pending patents globally [6][7]. - The company operates more than 60 lighting and home décor websites, targeting both retail and professional markets [7]. Market Potential - SKYX estimates its total addressable market in the U.S. to be around $500 billion, with over 4.2 billion ceiling applications available [9]. - Revenue streams are expected to include product sales, licensing, royalties, subscriptions, and monitoring services [9]. Business Model - The company follows a "razor-and-blades" model, with a focus on advanced ceiling electrical outlet platforms and a growing portfolio of plug & play smart home products [8]. - SKYX's technologies are designed to support recurring revenue opportunities through product interchangeability, upgrades, and AI-enabled services [8]. Strategic Vision - The company aims to expand its retail distribution and commercial deployments while building out its AI ecosystem, positioning itself for significant growth in 2026 and beyond [5]. - The new investment reflects increasing institutional recognition of SKYX's platform vision and technology leadership [5].
SKYX Announces it will Supply its Technologies to Enable a New Luxury Waterfront Smart Home Community Development in North Carolina as it Continues to Grow its Market Penetration
Globenewswire· 2026-01-12 14:23
Core Viewpoint - SKYX Platforms Corp. is set to supply its advanced smart home technologies for the luxury residential development Lake Shore Reserve in Granite Falls, North Carolina, which will feature 140 luxury smart single-family homes [1][3]. Group 1: Project Overview - The Lake Shore Reserve project will include luxury amenities such as swimming pools, a state-of-the-art gym, modern meeting facilities, pickleball courts, nature walking trails, and landscaped green spaces [2]. - The first phase of the project will consist of 140 luxury smart single-family homes [1]. Group 2: Technology and Products - SKYX is expected to provide an all-in-one smart home platform hub integrated with the NVIDIA AI ecosystem, comprising over 10,000 units of advanced smart plug & play technologies, including ceiling lighting, recessed lights, downlights, wall lights, EXIT signs, and emergency lights [1][3]. - The expansion of SKYX's technologies offers additional opportunities for future recurring revenues through interchangeability, upgrades, AI services, monitoring, and subscriptions [1]. Group 3: Company Background and Collaboration - 1Majestic Development Co., the developers of the Lake Shore Reserve, have over 20 years of experience in building luxury homes and developments in North Carolina and Florida [4]. - The collaboration between SKYX and 1Majestic Development aims to enhance home values and create smarter, safer homes for the future [8][9].