TechMediaBreaks – SKYX Platforms Corp. (NASDAQ: SKYX) Provides Corporate Update on Capital Raises, Product Expansion and Safety Standardization Efforts
SKYX Platforms (NASDAQ: SKYX) reported raising over $33 million in cash since Sept. 30, 2025, including a $25 million straight common investment at $2.50 per share with no warrants, strengthening its balance sheet as it advances toward sustained cash-flow generation and profitability. The company extended and converted $13.5 million in notes to 2030, plans to launch new AI-driven e-commerce software across its 60 websites to potentially increase conversion rates by up to 30%, and expects continued revenue growth after seven consecutive comparable quarterly increases through Q3 2025. SKYX highlighted successful technology demonstrations during a Marriott renovation, a $16.5 million round…