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 led by hotel owner The Shaner Group, anticipated deployment of more than 100,000 products in 2026, expanded global manufacturing partnerships and ongoing efforts toward mandatory safety standardization through industry code bodies and insurance engagement.

To view the full press release, visit https://ibn.fm/5OB5f

About SKYX Platforms Corp.

• As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 100 U.S. and global patents and patent pending applications. Additionally, the Company owns 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn.
• SKYX’s technologies provide opportunities for recurring revenues through interchangeability, upgrades, AI services monitoring, and subscriptions. Company is focused on the “Razor & Blades” model and its product range includes its advanced ceiling electrical outlet (Razor) and its advance and smart home plug & play products (Blades) including its advance and smart home plug & play platform products, lighting, recessed lights, down lights, EXIT signs, emergency lights, ceiling fans, chandeliers/pendants, holiday/kids/themes lights, indoor/outdoor wall lights and others. Company’s plug & play technology enables an installation of lighting, fans, and smart home products in high-rise buildings and hotels within days rather than months.
• Company’s total addressable market (TAM) in the U.S. is roughly $500 billion with over 4.2 billion ceiling applications in the U.S. alone. Expected revenue streams from retail and professional segments include product sales, royalties, licensing, subscription, monitoring, and sale of global country rights.

NOTE TO INVESTORS: The latest news and updates relating to SKYX are available in the company’s newsroom at https://ibn.fm/SKYX

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