SKYX News & Events

Skyx Platforms announced it signed a licensing agreement with U.S., Canada and Eurofase. Skyx will work together with Eurofase on their builder, hotel, residential and commercial segments. Eurofase operates globally with a manufacturing and distribution network spanning the U.S., Canada, Europe, and Asia.

Reports Q1 revenue $22M, consensus $21.98M. The company said, "The Company is trending positively, generating record first quarter 2026 revenues of $22 million as compared to $20 million for the first quarter of 2025, a gross profit for the first quarter ending March 31, 2026, increasing comparatively by 16% to $7 million, compared to the first quarter ending March 31, 2025 and a gross margin for the first quarter ending March 31, 2026, increasing comparatively by 2% to 30%, compared to 28% in the first quarter ending March 31, 2025. We believe our positive trends will accelerate going into 2026 as we build out and execute on our channel strategy."

SKYX Platforms will deploy its advanced and smart technologies during a master renovation of an historical architectural preservation hotel The Grand Hotel du Parc, in La Bourboule, France. The historical hotel, formerly The Grand Medicis hotel, currently has 100 rooms and suites and is expected to build 30 additional rooms. The hotel amenities and areas include bars, restaurants, ballroom, spa and gym, among other hotel facilities. During the course of the three-phase renovation and new build, SKYX is expected to supply thousands of units of its advanced smart plug & play technologies comprising ceiling lighting, ceiling fans, recessed lights, down lights, EXIT signs, emergency lights, indoor and outdoor lights, wall lights among other advanced smart products.