SQL Technologies Corp

SKYX Platforms Corp. engages in the development of connected devices used in the installation of lighting fixtures and ceiling fans. It develops proprietary technology in the installation of electronics. The firm's first patented technology is the Power-Plug, which is designed for “plug and play” installation of weight bearing electronics such as light fixtures, ceiling fans, and other electrical products into ceiling electrical outlet boxes. The company also offers the following products: Sky Plug & Receptacle, SkyHome Application, Sky Smart Plug & Receptacle, Sky Smart Plug and Play Ceiling Fans, Sky Smart Plug and Play Lighting, and Sky All-In-One Smart Platform. These products can be linked to the SkyHome Application that works with both iPhones and Android phones which can control features and specifications to include scheduling, voice control, safety and security features, lifestyle features, sound, lights, dimming, and emergency back-up battery through WIFI and BLE. The company was founded by Rani Roland Kohen on October 23, 2006 and is headquartered in Pompano Beach, FL.

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SKYX Platforms Corp achieves record revenue, eyes smart tech growth

SKYX Platforms Corp's strong revenue growth, strategic collaborations, and focus on smart home tech position it well for future success.
While challenges like monopolistic concerns and cash flow remain, opportunities in market expansion and product demand are significant.
Overall, SKYX's performance in 2023 reflects progress, operational strengths, and a clear path towards sustainable growth.

SKYX Platforms Corp achieves record sales in Q1 2024

SKYX Platforms Corp's Q1 2024 earnings call highlighted robust financial performance, strategic partnerships, and a focus on innovation in smart home technology. While facing challenges in execution and market competition, the company remains optimistic about its growth trajectory and market positioning.

SKYX reports record sales, eyes strategic growth through key partnerships

SKYX Platforms Corp. delivered strong financial performance with record sales and progress towards positive cash flow.
The company's strategic collaborations and upcoming product launches signal a focus on growth and market expansion.
While facing challenges in liquidity and funding, SKYX remains well-positioned to capitalize on opportunities for innovation and partnerships.

SKYX Platforms Corp reports record revenues and eyes global expansion

SKYX Platforms Corp demonstrated strong financial performance with record revenues and strengthened cash position.
The company's focus on innovation, safety, and strategic partnerships positions it well for future growth and market expansion.
While facing challenges in scaling and global expansion, SKY Technologies has significant opportunities in a large addressable market and potential collaborations.

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As Part of Its Application the Company Has Provided Significant Data Related to Hazardous Incidents with Electrical Wire Installations. SKYX's Ceiling Outlet Receptacle Platform Enables a Safer, Fast, and Robust Plug and Play Installation of Light Fixtures, Ceiling Fans and Smart Home Products to Ceilings The Last Significant NEC Mandatory Standardization Approval for Homes and Buildings Was for the GFCI (GFI) Electrical Wall Safety Outlet for Bathrooms and Kitchens MIAMI, FL / ACCESSWIRE / September 11, 2023 - SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive smart platform technology company with 72 issued and pending patents in the U.S and globally and over 60 websites for lighting and home décor with a mission to make homes and buildings become safe and smart as the new standard, announced today that it has filed an application for a mandatory safety standardization with the National Electrical Code (NEC) for its ceiling outlet receptacle platform for homes and buildings.

SKYX Files for a Mandatory Safety Standardization with the National Electrical Code (NEC) for Its Outlet Receptacle for Ceilings in Homes and Buildings

SKYX's Robust Patent Portfolio Now Totals 72 Patent and Pending Applications with 18 Issued Patents New Patents Issued Cover the SKYX All-In-One Smart Modular Platform, Which Includes Smart Home Technology and Home Safety Sensors MIAMI, FL / ACCESSWIRE / September 7, 2023 - SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive smart platform technology company with more than 60 issued and pending patents globally and 64 lighting and home décor websites with a mission to make homes and buildings become safe and smart as the new standard, announced today the issuance of three new patents in the U.S., Europe and Japan for the Company's plug-and-play, all-in-one smart modular platform technology for ceilings in homes and buildings. The three additional patent issuances cover the smart home and related home safety sensors, bringing the Company's intellectual property portfolio to a total of 72 issued and pending patents, 18 of which are issued patents covering SKYX's advanced and smart technologies.

SKYX Announces Issuance of Three New U.S. and International Patents for Its All-In-One Smart Modular Platform Technology

A Major Step to Enhance Market Penetration into Professional Segments SKYX Will Now Market Its Ceiling Smart Plug and Play Platform Products to Builders, Designers and 96,000 Architects Through Material Bank and SKYX's 64 Lighting and Home Décor Websites MIAMI, FL / ACCESSWIRE / September 5, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive smart platform technology company with more than 60 issued and pending patents globally and 64 lighting and home décor websites with a mission to make homes and buildings become safe and smart as the new standard, announced today that it has signed an agreement with Material Bank, a world leading architect product material supply company with over 100,000 customers. Material Bank is a world leading technology and product logistics company with logistics hubs based in the U.S. and worldwide.

SKYX Signs Agreement with World Leading Architect Product Material Supply Company, Material Bank, with Over 100,000 Customers

SKYX Platforms Corp. (NASDAQ:SKYX ) Q2 2023 Results Conference Call August 9, 2023 10:30 AM ET Company Participants Rani Kohen - Executive Chairman John Campi - CEO Steve Schmidt - President Marc Boisseau - CFO Operator Good day, and welcome to the SKYX Platforms Corp. Investor Update Call. Today's webinar is being recorded.

SKYX Platforms Corp. (SKYX) Q2 2023 Earnings Call Transcript

Company Sequentially Reduces Net Cash Used in Operating Activities to $2.5 Million MIAMI, FL / ACCESSWIRE / August 9, 2023 / (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive platform technology company with over 60 pending and issued patents globally with a mission to make homes and buildings become safe and smart as the new standard, today reported its financial and operational results for the second quarter ended June 30, 2023. Second Quarter 2023 and Subsequent Operational Highlights Generated $15 million in revenue in the second quarter of 2023, reflecting a partial quarter of sales, including commencement of sales of its smart and standard plug & play products.

SKYX Reports Second Quarter 2023 Financial Results with $15 Million in Sales Reflecting a Partial Quarter Including Sales of its Safe Plug & Play Products

MIAMI, FL / ACCESSWIRE / August 4, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that it will host an investor update call on Wednesday, August 9, 2023 at 10:30 a.m. Eastern time.

SKYX Platforms Corp. to Host Investor Update Call on Wednesday, August 9th at 10:30 a.m. Eastern Time

The Company Will Conduct an Investor Update Call on August 9 at 10:30am EST to Discuss its Progress and Growing Sales of its Plug & Play Smart and Standard Products, Financials, as Well as its Continuing Safety Standardization Progress The Company will Provide an Access Link to the Investor Update Call in a Subsequent Press Release MIAMI, FL / ACCESSWIRE / August 3, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that it has over $14 million in sales for the partial second quarter, including sales of its Smart and Standard Plug & Play products that are now sold on over 16 US and Canadian leading lighting and home décor websites. These websites serve both retail and professional customers and include the following websites: 1stoplighting.com , Lightingdesignexperts.com , Canadalightingexperts.com , Americanlightingstore.com , Homeclick.com , and Lunawarehouse.com among others.

SKYX Announces Over $14 Million (unaudited) In Sales for Partial Second Quarter, Including Sales of Its Plug & Play Products That Are Now Sold on 16 US and Canadian Leading Websites

Ms. Mustafa's Career Spans over 23 Years at Microsoft, Where She Served as Head of Global Sales Serving Over 80 Countries, Customers & Partner Ecosystem in the Industrial Metaverse, Cloud and AI Division MIAMI, FL / ACCESSWIRE / July 20, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that Khadija Mustafa - former AI and global business leader at Microsoft - has been appointed as a Senior Tech, AI and Global Business Advisor to SKYX. Ms. Mustafa has served in varying senior roles at Microsoft for the last 23 years spanning AI, Enterprise and Public Sector segments, hardware and devices, and supply chain.

Former Microsoft Global AI Leader and Head of Global Sales Khadija Mustafa Joins SKYX as Senior Tech, AI, and Global Business Advisor

Jacobson Served as President and CEO of the ALA for Nearly 30 Years, Now Transitioning to SKYX to Assist with the Standardization of the Safe, Advanced Plug-and-Play Ceiling Outlet - Replacing the Old, Hazardous Wire Installation Method Standardization of the Safe, Easy Plug-and-Play Installation Method will Save Lives and Advance the Lighting and Fan Industries by Enhancing Replacement of Light Fixtures and Ceiling Fans MIAMI, FL / ACCESSWIRE / May 30, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") SKYX, a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that Eric Jacobson, former President and CEO of The American Lighting Association (ALA), has joined the Company as a Senior Product Standardization Advisor. During his 30-year service as the President and CEO of the American Lighting Association, Mr.

American Lighting Association (ALA) Former President and CEO Eric Jacobson Joins SKYX as Senior Product Standardization Advisor

MIAMI, FL / ACCESSWIRE / May 23, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") SKYX, a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, today announced that it is set to join the broad-market Russell 2000® and Russell 3000® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023 according to a preliminary list of additions posted by Russell on May 19, 2023. The annual reconstitution process for the Russell indexes captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization.

SKYX Set to Join Russell 2000(R) and Russell 3000(R) Indexes

MIAMI, FL / ACCESSWIRE / May 12, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we," or the "Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, today provided a corporate update in conjunction with the filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023. First Quarter 2023 and Subsequent Operational Highlights: SKYX's smart ceiling plug won a total of five prestigious awards from leading technology publications during the 2023 Consumer Electronics Show (CES 2023), including the coveted CES Smart Home Innovation Award.

SKYX Reports First Quarter 2023 Financial Results

SKYX website portfolio now spans 64 websites for lighting and home décor products - including most leading U.S. lighting brands Acquisition expected to accelerate SKYX's go-to-market for its plug and play safe and smart ceiling platform products with retail and professional segments including builders, architects and designers MIAMI FL / ACCESSWIRE / May 1, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") SKYX, a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that it has closed the strategic acquisition of Belami e-commerce, an established lighting and home décor company with 64 websites, $88 million in revenues and $4.3 million in EBITDA in 2022. The acquisition of the strategic e-commerce lighting and home décor conglomerate will serve as a growth, marketing and educational platform for the significant lifesaving, cost saving, time saving and simplicity aspects of SKYX's platform technologies.

SKYX Now Owns Nearly Half of U.S. Lighting Websites After Closing Strategic Acquisition of a Company with $88M in Revenues and $4.3M in EBITDA in 2022

While serving as President of Worldwide Operations of Walt Disney Parks and Resorts, he oversaw Disney's worldwide amusement parks, hotels-resorts, cruise lines, as well as products and experiences MIAMI, FL / ACCESSWIRE / April 3, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") SKYX, a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that Al Weiss, former President of Worldwide Operations of Walt Disney Parks and Resorts, has joined SKYX as a senior business development advisor. Mr. Weiss will assist the company with strategic business introductions, partnerships, and engagements in the U.S. and globally.

Former President of Worldwide Operations of Walt Disney Parks and Resorts Al Weiss Has Joined SKYX as a Senior Business Development Advisor

SKYX Signed Acquisition Agreement of a Lighting and Home Décor eCommerce Company with 64 Websites and $86 Million in Revenues that Positions SKYX's Plug & Play and Smart Products for Widescale Adoption in Both Professional and Retail Segments, Concurrent with its Continuing Safety Code Standardization Process MIAMI, FL / ACCESSWIRE / March 31, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we," or the "Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, today provided a corporate update in conjunction with the filing of its Annual Report on Form 10-K for the year ended December 31, 2022. Fourth Quarter 2022 and Subsequent Operational Highlights: ● Signed a strategic acquisition agreement to acquire Belami, a profitable lighting and home décor eCommerce conglomerate with $86 million in revenues and 64 websites, that is expected to enhance the Company's cash flow and serve as a marketing education platform, as well as accelerate SKYX's products' time to market and distribution to both professional and retail segments.

SKYX Reports Fiscal Year 2022 Financial Results

This Acquisition is in Addition to SKYX's Recent Agreement to Acquire Strategic Lighting and Décor Conglomerate with $86 Million in Revenues, Funded by Two of SKYX's Existing, Leading Investors MIAMI, FL / ACCESSWIRE / March 9, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") SKYX, a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that it has acquired Bailey Street Home, a $5 million revenue, profitable, strategic e-commerce private label lighting website. SKYX has paid $225,000 in cash for 50% of the e-commerce lighting website company, while the other 50% is owned by Belami, Inc., the strategic e-commerce company that SKYX has already signed an agreement to acquire.

SKYX Acquires a $5 Million Revenue Strategic, Profitable E-Commerce Lighting Website

Acquisition payments to include up to 5,223,991 shares of SKYX's common stock and $8 million in cash at close that has been fully funded by two major existing SKYX investors, with an additional $4 million deferred cash payment one year after close MIAMI, FL / ACCESSWIRE / February 7, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") SKYX, a highly disruptive platform technology company with over 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, announced today that it signed a definitive acquisition agreement to acquire Belami, an established, profitable, strategic lighting and home décor e-commerce conglomerate with $86 million in revenues and 64 websites. The acquisition of the strategic e-commerce lighting and home décor conglomerate will serve SKYX as a marketing and growth platform that is expected to advance SKYX's business plan by years, provide several distribution channels including to retail customers, builders and professionals, as well as significantly enhance gross margins of SKYX's products.

SKYX Signs to Acquire Strategic Lighting E-Commerce Conglomerate with $86 Million in Revenues and 64 Websites

LAS VEGAS, NV / ACCESSWIRE / January 31, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") SKYX a highly disruptive platform technology company with more than 60 issued and pending patents globally with a mission to make homes and buildings become safe and smart as the new standard, today announced that it will showcase the Company's award-winning, revolutionary SkyPlug Smart product at the National Association of Home Builders (NAHB) International Builder's Show in Las Vegas, Nevada from January 31 - February 2, 2023 at Central Hall booth C7919. At the event, management will present to home builders as part of the process of launching its new SkyPlug Smart revolutionary ceiling plug.

SKYX to Showcase its Revolutionary SkyPlug Smart for Ceilings at the NAHB International Builder's Show in Las Vegas, NV

SKYX Platforms Corp. believes that it has the greatest opportunities for marketing its products and licenses in the lighting industry. I believe that as soon as more investors learn about the market expectations and incoming free cash flow growth, demand for the stock will likely increase.

SKYX Platforms: Revenue Growth Coming Thanks To General Electric

SKYX's Revolutionary Smart SkyPlug was Awarded the Consumer Electronic Show (CES) 2023 Innovation Award for the Smart Home Category; Product Awareness Efforts Have Generated Over 20,000 Product Inquiries To-Date Production of SKYX's Revolutionary Safe-Smart Ceiling Plug Product has Begun; Products Expected to Start Shipping in January MIAMI, FL / ACCESSWIRE / December 14, 2022 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally whose mission is to make homes and buildings smart, safe and advanced as the new standard, today announced that it will initiate pre-sales of its award winning Smart SkyPlug product for safe and fast installation of light fixtures and ceiling fans on Monday December 19, 2022. Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "We are eager to launch our new website and begin our pre-sales, as we have seen demand for our plug & play safe-smart ceiling plug from several industries - as evidenced by the more than 20,000 product inquiries seen to-date.

SKYX to Initiate Pre-Sales Campaign for its Award Winning Smart SkyPlug Product on Monday, December 19, 2022

SKYX Platforms Corp. (NASDAQ:SKYX ) Investor Presentation Event November 17, 2022 11:00 AM ET Company Participants Rani Kohen - Founder and Executive Chairman Steve Schmidt - President Conference Call Participants Michael Legg - Benchmark Leo Carpio - Joseph Gunnar Operator Good day and welcome to the SKYX Platform Corp. Investor Presentation Event. Today's webinar is being recorded.

SKYX Platforms Corp. (SKYX) Presents at Investor Presentation Event (Transcript)

Preeminent Professional Organization for American Architects Approved SKYX's Course for its 94,000+ Member Architects in its Annual Mandatory Continuing Education Systems Each U.S. Architect is Required to Complete Annual Education Credit Hours to Maintain Their Architectural License MIAMI, FL / ACCESSWIRE / November 16, 2022 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that the American Institute of Architects ("AIA") has included a SKYX course as part of architects annual mandatory Continuing Education Systems database studies. Each U.S. architect is required to complete annual education credit hours to maintain their architectural license.

SKYX Approved by American Institute of Architects (AIA) for Inclusion in its Annual Continuing Education Systems Course for Architects

MIAMI, FL / ACCESSWIRE / November 14, 2022 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that it will host a virtual investor event on Thursday, November 17, 2022 at 11:00 a.m. Eastern time.

SKYX to Host Virtual Investor Event to Discuss New Developments on Thursday, November 17 at 11:00 a.m. Eastern Time

Generic Name Approval by NEC and Standardization Approval Vote by ANSI/NEMA Builds the Foundation for Future Code Mandatory Efforts MIAMI, FL / ACCESSWIRE / November 10, 2022 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today reported the Company's financial results for the third quarter ended September 30, 2022. Third Quarter 2022 and Subsequent Operational Highlights: Received National Electrical Code® (NEC) generic name approval for its weight-bearing safe plug & play outlet/receptacle for ceilings as WSCR (Weight-Supporting Ceiling Receptacle) for its universal ceiling outlet and WSAF (Weight-Supporting Attachment Fitting) for its ceiling plug.

SKYX Platforms Corp. Reports Third Quarter 2022 Financial Results

The Brand-New Building is Located in Downtown Miami on US-1, Across From Miami Heat FTX Arena and Biscayne Bay Due to the Unique and Strategic Location of the Building, the SKYX Roof Signs are Expected to be Seen by Tens of Millions, Including on TV Shows and Skyline Miami Imagery, Creating Significant SKYX Brand Awareness MIAMI, FL / ACCESSWIRE / September 29, 2022 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that it secured a 10-year roof right lease for signage on one of the tallest buildings in downtown Miami, across the street from the Miami Heat FTX Arena and Biscayne Bay. The new building is located on 400 Biscayne Blvd (US-1) and will include office space, residential as well as a high-end modern hotel.

SKYX Secures 10-Year Roof Rights for Signage on One of The Tallest Buildings in Miami

NEC has Acronyms for Other Important Safety Devices Such as the GFI (Ground-Fault Circuit Interrupter - GFCI) Outlet for Bathrooms and Other Locations NEC Acronym Approval for SKYX's Ceiling Outlet as WSCR Signifies Key Milestone for its Standardization Process MIAMI, FL / ACCESSWIRE / September 13, 2022 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies") ("SKYX," "we" or "the Company"), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that the National Electrical Code® (NEC) has voted to approve SKYX's generic names for its weight-bearing safe plug & play outlet/receptacle for ceilings as WSCR (Weight-Supporting Ceiling Receptacle) for its universal ceiling outlet and WSAF (Weight-Supporting Attachment Fitting) for its ceiling plug as part of SKYX's standardization process. The NEC has acronyms for other important safety devices such as the GFI outlet (Ground-Fault Circuit Interrupter - GFCI) for bathrooms, kitchens, and other locations.

News for SQL Technologies Corp Stock (SKYX)