SKYX Announces Corporate Update Featuring $3.25 Million Investment from Major Investor and Ongoing Growth in Builder Markets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2025
0mins
Should l Buy SKYX?
Source: Newsfilter
Company Overview and Financial Progress: SKYX Platforms Corp. has raised an additional $3.25 million, bringing total investments to $15 million, and is on track to achieve cash flow positivity by the end of 2025, with revenues increasing over six consecutive quarters.
Technological Advancements and Partnerships: The company is deploying its smart plug-and-play technologies in major projects, including a $3 billion Urban Smart Home City in Miami and a 278-apartment project in Austin, while collaborating with notable partners like Marriott and Home Depot to enhance market penetration.
Safety Standardization Efforts: SKYX is working towards establishing mandatory safety standards for its advanced ceiling technologies, supported by industry veterans and aiming to reduce risks associated with electrical installations, which could lead to recommendations from insurance companies.
Market Potential and Product Offerings: With a total addressable market of approximately $500 billion in the U.S., SKYX's product range includes advanced lighting and smart home solutions, leveraging an e-commerce platform to reach both retail and professional segments effectively.
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Analyst Views on SKYX
Wall Street analysts forecast SKYX stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 2.085
Low
3.00
Averages
4.08
High
5.00
Current: 2.085
Low
3.00
Averages
4.08
High
5.00
About SKYX
SKYX Platforms Corp. is a platform technology company. The Company has a series of disruptive advanced-safe-smart platform technologies. The Company owns over 60 lighting and home decor Websites for both the retail and commercial segments. Its first- and second-generation technologies enable light fixtures, ceiling fans and other electrically wired products to be installed safely and plugged in to a ceiling’s electrical outlet box, and without the need to touch hazardous wires. Its products are designed to improve all around home and building safety and lifestyle. Its products include The Weight Bearing Power-Plug, Sky Universal Power-Plug & Receptacle, SkyHome App, Sky Smart Gen-2 - Universal Power-Plug & Receptacle, Sky - Smart Gen2 for Plug and Play Ceiling Fans, Sky - Smart Gen-2 for Plug and Play Lighting, and Sky - All-In-One Smart Sky Platform. The Weight Bearing Power-Plug acts as an installation device, designed for plug and play installation of weight-bearing electronics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SKYX Plans Launch of New Product at Walmart
- Market Growth Anticipation: SKYX expects significant growth in its Walmart channel during 2026, driven by the launch of the SKYFAN and Turbo Heater products, which are projected to generate substantial revenue and advance the company's path to cash-flow positivity.
- Product Innovation: The new product combines a ceiling fan with a built-in turbo heater, offering 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, showcasing immense market potential.
- Production and Launch Plans: SKYX has commenced production with its manufacturing partners and plans a broad rollout in Q1 2026 to align with winter market demands, which is expected to further enhance its competitiveness in both retail and commercial markets.
- Strategic Market Positioning: By offering the product in six colors to cater to diverse customer needs, SKYX demonstrates its commitment to innovation and safety while creating long-term value for shareholders and solidifying its leadership position in the smart home sector.
See More
SKYX Launches New Brand Page at Home Depot for Product Growth
- Product Education and Market Expansion: SKYX has launched a new brand page at Home Depot aimed at enhancing consumer awareness of the SKYFAN and Turbo Heater, which is expected to drive sales growth throughout fiscal year 2026 and further solidify its position in the smart home market.
- Significant Market Potential: The ceiling fan and space heater categories represent a multi-billion-dollar annual market in North America, and SKYX's innovative products are set to directly participate in this vast market, likely leading to a substantial increase in the company's market share.
- Technological Innovation and Safety: The SKYFAN and Turbo Heater combine the functionalities of a fan and heater, directing heat and airflow to the ceiling, which enhances safety and space utilization, addressing year-round heating and cooling needs in residential and light commercial settings.
- Production and Expansion Plans: In response to early demand, SKYX plans to continue expanding its Turbo Heater ceiling fan product line, with production expected to accelerate through partnerships with manufacturing partners to meet the growing market demand.
See More
SKYX Plans 2026 Launch of New Ceiling Fan and Heater at Lowes, Targeting Multi-Billion Dollar Market
- Market Growth Expectation: SKYX anticipates significant growth in its Lowes business during 2026, primarily driven by the launch of its new ceiling fan and turbo heater, which is expected to generate substantial revenue and further solidify its position in the smart home market.
- Product Innovation: The new product combines a ceiling fan with a built-in turbo heater, offering a safer and more efficient alternative that addresses the demand for tens of millions of units sold annually in North America, likely boosting sales during both winter and summer seasons.
- Production and Launch Plans: SKYX has commenced production with manufacturing partners and plans a broad rollout in Q1 2026 to align with the winter sales season, which is expected to enhance customer satisfaction and market share.
- Strategic Market Positioning: The ceiling fan and heater will be offered in six colors for both residential and commercial markets, showcasing the company's commitment to innovation, safety, and scalable solutions, and is expected to create significant value for customers and shareholders.
See More
SKYX Platforms Secures $14 Million Funding to Accelerate Market Penetration
- Funding Expansion: SKYX has raised approximately $14 million in the past three months from strategic investors and long-term shareholders, including a $4 million investment from Philotimo Fund, LP, further strengthening the company's balance sheet.
- Enhanced Shareholder Base: The investment was completed at $2.00 per share for 2 million shares of common stock, with Philotimo Fund becoming a new investor in SKYX, reflecting confidence in the company's growth potential as it expands its long-term shareholder base.
- Significant Market Opportunity: SKYX estimates its total addressable market in the U.S. at approximately $500 billion, with over 4.2 billion ceiling applications, positioning its technology platform to create recurring revenue opportunities through smart home products and drive future growth.
- Clear Strategic Vision: Founder Rani Kohen stated that with expanding retail distribution and increasing commercial deployments, the company is well-positioned for its next phase of growth in 2026 and beyond, aiming to standardize smart, safe, and advanced homes.
See More
Applied Digital Reports Q2 Earnings of $126.59M, Beating Estimates
- Earnings Beat: Applied Digital Corp. reported zero cents per share in Q2 earnings, surpassing analyst expectations of a 10-cent loss, indicating a significant improvement in the company's profitability.
- Significant Revenue Growth: The quarterly revenue reached $126.59 million, exceeding the market estimate of $89.76 million, reflecting strong performance in market demand and product sales.
- Positive Market Reaction: Following the earnings report, market confidence in Applied Digital has strengthened, which is expected to drive its stock price higher and further solidify its market position in digital technology.
- Optimistic Future Outlook: The company continues to optimize operational efficiency and product offerings, which is anticipated to enhance revenue and profitability in future quarters, boosting investor confidence in its long-term growth potential.
See More
SKYX Partners with Nvidia to Enhance Smart Home Platform
- Strategic Partnership: SKYX Platforms Corp. announced its entry into Nvidia's Connect Program, gaining access to cloud tools and AI software frameworks, with plans to embed these resources into its ceiling automation platform, enhancing product competitiveness and accelerating the innovation cycle.
- Technology Integration: SKYX's ceiling-mounted hub will integrate safety sensors, lighting controls, and audio systems, leveraging Nvidia's ecosystem to enable advanced speech recognition and real-time analytics, transforming smart homes into intelligent control centers.
- Security Framework: Utilizing Nvidia's GPU and DPU infrastructure, SKYX will enable encrypted processing of anonymized device data, launching next-generation safety monitoring and predictive alert features, which are expected to drive recurring revenue through subscriptions and analytics services.
- Market Outlook: As global demand for safety and efficiency rises, AI-driven home automation is attracting investor attention, with SKYX planning to deploy its Nvidia-powered platform across U.S. and international projects, further expanding its market share.
See More
SKYX Plans Launch of New Product at Walmart
- Market Growth Anticipation: SKYX expects significant growth in its Walmart channel during 2026, driven by the launch of the SKYFAN and Turbo Heater products, which are projected to generate substantial revenue and advance the company's path to cash-flow positivity.
- Product Innovation: The new product combines a ceiling fan with a built-in turbo heater, offering 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, showcasing immense market potential.
- Production and Launch Plans: SKYX has commenced production with its manufacturing partners and plans a broad rollout in Q1 2026 to align with winter market demands, which is expected to further enhance its competitiveness in both retail and commercial markets.
- Strategic Market Positioning: By offering the product in six colors to cater to diverse customer needs, SKYX demonstrates its commitment to innovation and safety while creating long-term value for shareholders and solidifying its leadership position in the smart home sector.
See More
SKYX Launches New Brand Page at Home Depot for Product Growth
- Product Education and Market Expansion: SKYX has launched a new brand page at Home Depot aimed at enhancing consumer awareness of the SKYFAN and Turbo Heater, which is expected to drive sales growth throughout fiscal year 2026 and further solidify its position in the smart home market.
- Significant Market Potential: The ceiling fan and space heater categories represent a multi-billion-dollar annual market in North America, and SKYX's innovative products are set to directly participate in this vast market, likely leading to a substantial increase in the company's market share.
- Technological Innovation and Safety: The SKYFAN and Turbo Heater combine the functionalities of a fan and heater, directing heat and airflow to the ceiling, which enhances safety and space utilization, addressing year-round heating and cooling needs in residential and light commercial settings.
- Production and Expansion Plans: In response to early demand, SKYX plans to continue expanding its Turbo Heater ceiling fan product line, with production expected to accelerate through partnerships with manufacturing partners to meet the growing market demand.
See More
SKYX Plans 2026 Launch of New Ceiling Fan and Heater at Lowes, Targeting Multi-Billion Dollar Market
- Market Growth Expectation: SKYX anticipates significant growth in its Lowes business during 2026, primarily driven by the launch of its new ceiling fan and turbo heater, which is expected to generate substantial revenue and further solidify its position in the smart home market.
- Product Innovation: The new product combines a ceiling fan with a built-in turbo heater, offering a safer and more efficient alternative that addresses the demand for tens of millions of units sold annually in North America, likely boosting sales during both winter and summer seasons.
- Production and Launch Plans: SKYX has commenced production with manufacturing partners and plans a broad rollout in Q1 2026 to align with the winter sales season, which is expected to enhance customer satisfaction and market share.
- Strategic Market Positioning: The ceiling fan and heater will be offered in six colors for both residential and commercial markets, showcasing the company's commitment to innovation, safety, and scalable solutions, and is expected to create significant value for customers and shareholders.
See More
SKYX Platforms Secures $14 Million Funding to Accelerate Market Penetration
- Funding Expansion: SKYX has raised approximately $14 million in the past three months from strategic investors and long-term shareholders, including a $4 million investment from Philotimo Fund, LP, further strengthening the company's balance sheet.
- Enhanced Shareholder Base: The investment was completed at $2.00 per share for 2 million shares of common stock, with Philotimo Fund becoming a new investor in SKYX, reflecting confidence in the company's growth potential as it expands its long-term shareholder base.
- Significant Market Opportunity: SKYX estimates its total addressable market in the U.S. at approximately $500 billion, with over 4.2 billion ceiling applications, positioning its technology platform to create recurring revenue opportunities through smart home products and drive future growth.
- Clear Strategic Vision: Founder Rani Kohen stated that with expanding retail distribution and increasing commercial deployments, the company is well-positioned for its next phase of growth in 2026 and beyond, aiming to standardize smart, safe, and advanced homes.
See More
Applied Digital Reports Q2 Earnings of $126.59M, Beating Estimates
- Earnings Beat: Applied Digital Corp. reported zero cents per share in Q2 earnings, surpassing analyst expectations of a 10-cent loss, indicating a significant improvement in the company's profitability.
- Significant Revenue Growth: The quarterly revenue reached $126.59 million, exceeding the market estimate of $89.76 million, reflecting strong performance in market demand and product sales.
- Positive Market Reaction: Following the earnings report, market confidence in Applied Digital has strengthened, which is expected to drive its stock price higher and further solidify its market position in digital technology.
- Optimistic Future Outlook: The company continues to optimize operational efficiency and product offerings, which is anticipated to enhance revenue and profitability in future quarters, boosting investor confidence in its long-term growth potential.
See More
SKYX Partners with Nvidia to Enhance Smart Home Platform
- Strategic Partnership: SKYX Platforms Corp. announced its entry into Nvidia's Connect Program, gaining access to cloud tools and AI software frameworks, with plans to embed these resources into its ceiling automation platform, enhancing product competitiveness and accelerating the innovation cycle.
- Technology Integration: SKYX's ceiling-mounted hub will integrate safety sensors, lighting controls, and audio systems, leveraging Nvidia's ecosystem to enable advanced speech recognition and real-time analytics, transforming smart homes into intelligent control centers.
- Security Framework: Utilizing Nvidia's GPU and DPU infrastructure, SKYX will enable encrypted processing of anonymized device data, launching next-generation safety monitoring and predictive alert features, which are expected to drive recurring revenue through subscriptions and analytics services.
- Market Outlook: As global demand for safety and efficiency rises, AI-driven home automation is attracting investor attention, with SKYX planning to deploy its Nvidia-powered platform across U.S. and international projects, further expanding its market share.
See More
