FAQ on SKYX Platforms Corp. Joining Russell 2000 and Powering Miami Smart City

What is SKYX Platforms Corp. known for?

SKYX Platforms Corp. is known for its advanced-safe-smart platform technologies, including Plug & Play solutions, aimed at enhancing safety and lifestyle in homes and buildings, with over 97 U.S. and global patents.

Why is SKYX joining the Russell 2000 Index significant?

Joining the Russell 2000 Index signifies SKYX’s growth and recognition in the market, potentially increasing its visibility and attractiveness to investors.

How is SKYX contributing to Miami’s Urban Smart Home City project?

SKYX is deploying over 500,000 units of its Plug & Play technologies, including an AI-powered platform, in the $3 billion project to advance smart home initiatives.

What are SKYX’s financial achievements mentioned in the content?

SKYX reported Q1 2025 revenue of $20.1 million, a 6.3% increase year-over-year, and secured $15 million in preferred stock funding from strategic investors like The Shaner Group.

When will SKYX be added to the Russell 2000 Index?

SKYX will be added to the Russell 2000 Index after market close on June 27, 2025.

What new products is SKYX launching in Winter 2025?

SKYX is launching two All-In-One Smart Turbo Heater & Fan models in Winter 2025, responding to rising product demand.

Which companies are partnering with SKYX?

SKYX has partnerships with Home Depot, Wayfair, Cavco Homes, and lighting leaders like Kichler and EGLO, expecting installations in over 30,000 homes by Q2 2025.

Where can I find more information about SKYX?

More information about SKYX is available on their website at https://skyplug.com/ or their LinkedIn page.

What is SKYX’s goal for the year?

SKYX’s management reaffirms its goal of achieving cash-flow positivity this year, supported by its financial achievements and product demand.