SKYX Platforms Corp.
SKYX develops plug-and-play electrical installation technologies and smart home products for consumers, builders and other users of homes and buildings. Its products are designed to let light fixtures, ceiling fans and other electrical devices connect to ceiling receptacles without handling wires. Its offerings include universal power-plug and receptacle kits, smart lighting and ceiling fans, the SkyHome App, and the all-in-one Smart Sky Platform, which combines smart home and safety features. The app controls connected products using Wi-Fi and Bluetooth and supports features such as scheduling, dimming and voice control. SKYX also operates an e-commerce business through Belami, acquired in 2023, which sells home lighting, ceiling fans and other home furnishings through websites serving retail customers, builders and professionals. It makes money primarily from e-commerce sales, including resale of third-party products, and also licenses its technologies. SKYX is headquartered in Pompano Beach, Florida.
No SEC Form 4 filings for $SKYX in the last 30 days.
See all $SKYX insider activity →SKYX Platforms Corp. (NASDAQ: SKYX) plans to launch four new models of its turbo heater ceiling fan in sizes 20” to 60” and five colors. The company expects significant winter revenue from these models, supporting its path to cash-flow positive. SKYX reported $27.7 million in cash as of Q2 2026. The products will be available at major retailers including Home Depot and Walmart.
SKYX Platforms (NASDAQ:SKYX) announced its subsidiary Deako will supply 60,000 smart home units to Home Creations for 700 homes. The company expects $26M in Deako revenue in 2025 and has agreements covering 140,000 units across 1,700 homes. SKYX aims to reduce annual cash expenses by $6M post-merger.
SKYX Platforms Corp. (SKYX) reported a corporate update, highlighting growth in builder and hotel segments. The company's pipeline is estimated at over 4 million units with an average selling price of $50. SKYX has secured deals with Maronda Homes, Trump Towers, and Marriott. The company reported $27.7 million in cash and expects positive cash flow by year-end. SKYX and Deako's merger is expected to create synergies, reduce expenses, and increase revenue opportunities.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning SKYX (SKYX Platforms Corp.). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent SKYX coverage spans financial news, mergers & acquisitions and technology.
The product rollout is expected to generate significant winter revenue and move the company toward cash‑flow positivity.
The contract adds to SKYX's pipeline and should boost near‑term revenue, supporting the stock.
The merger creates a larger smart‑home platform, potentially boosting revenue per home and cutting expenses, which may support the stock price.
New contract could increase revenue and market visibility.
The merger expands SKYX's addressable market and adds pipeline volume, which could support revenue growth and improve margins.
AlphAI scores every news story that mentions SKYX with an AI model for sentiment and relevance, and aggregates insider trades from SKYX Platforms Corp.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
SKYX Platforms Corp. (NASDAQ: SKYX) plans to launch four new models of its turbo heater ceiling fan in sizes 20” to 60” and five colors. The company expects significant winter revenue from these models, supporting its path to cash-flow positive. SKYX reported $27.7 million in cash as of Q2 2026. The products will be available at major retailers including Home Depot and Walmart.
1 min readSKYX Platforms (NASDAQ:SKYX) announced its subsidiary Deako will supply 60,000 smart home units to Home Creations for 700 homes. The company expects $26M in Deako revenue in 2025 and has agreements covering 140,000 units across 1,700 homes. SKYX aims to reduce annual cash expenses by $6M post-merger.
1 min readSKYX Platforms Corp. (SKYX) reported a corporate update, highlighting growth in builder and hotel segments. The company's pipeline is estimated at over 4 million units with an average selling price of $50. SKYX has secured deals with Maronda Homes, Trump Towers, and Marriott. The company reported $27.7 million in cash and expects positive cash flow by year-end. SKYX and Deako's merger is expected to create synergies, reduce expenses, and increase revenue opportunities.
2 min readSKYX Platforms Corp. (NASDAQ: SKYX) announced it will supply tens of thousands of smart-home units to two Trump Towers in Hyderabad, India. The company reported $27.7 million in cash as of Q2 2026 and expects positive cash flow by year-end. SKYX also highlighted growth in its Turbo Heater Fan sales and synergies from its merger with Deako, aiming to offer a complete AI and smart home solution.
2 min readSKYX Platforms, post-merger with Deako, reports $27M in cash, $92M revenue for 2025, and a 4M-unit smart-home pipeline. The combined entity targets 80-90 electrical connection points, with cost-saving synergies of $6M. SKYX's platform integrates smart-home features and supports multiple ecosystems, with production starting this quarter.
2 min readSKYX Platforms Corp. (NASDAQ: SKYX) has merged with Deako, Inc., a smart home technology company. The combined entity has an estimated pipeline of over 4 million units, with an average selling price of $50. Deako has shipped over 32 million units and generated $26 million in revenue in 2025. The merger is expected to save $6 million annually and increase revenue per home by up to five-fold. SKYX issued 25 million shares and an $8.5 million secured promissory note as part of the merger.
2 min readSKYX Platforms Corp. (SKYX) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Item 1.01 Entry into a Material Definitive Agreement. The disclosure set forth under Item 2.01 of this Current Report on Form 8-K (this “Current Report”) is incorporated by reference into this Item 1.01. Item 2.01 Completion of Acquisition or Disposition of Assets. On October 13,
2 min readSKYX Platforms received a notice from Nasdaq on September 30, 2026, stating it is not in compliance with Listing Rules 5605(b)(1) and 5605(c)(2)(A) due to the loss of an independent director. The company has until September 26, 2027, to cure the issue, with no immediate effect on its listing.
1 min readSKYX Platforms Corp. (SKYX) has signed an agreement to supply its smart home technologies to Trump Towers Hyderabad, a luxury residential development in India. The project, jointly developed by IRA Realty and Tribeca Developers, will feature two 65-storey towers and over 450 residences. SKYX expects to supply tens of thousands of units of its patented technologies for the development.
2 min readAnalysts at Noble Financial and Jefferies maintained Buy ratings on SKYX Platforms (SKYX) and Copart (CPRT), respectively. SKYX received a $5.00 price target from Noble's Joe Gomes, while Copart got a $47.00 target from Jefferies' Bret Jordan. Both stocks have Moderate Buy consensus ratings, with Copart's target implying a 19.2% upside.
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