Miami, FL, June 24th, 2025, FinanceWire
Company Positions Q3 Launch to Support Path to Cash-Flow Positive in 2025.
SKYX Platforms Corp. (NASDAQ: SKYX) (“SKYX” or the “Company”), a highly disruptive smart home platform technology company, announced a significant increase in both U.S. and international demand for its newly patented, all-in-one Smart Turbo Heater & Ceiling Fan, ahead of its broad commercial launch expected in Q3 2025.
The innovative product, an integrated ceiling fan and heater, is designed to address consumer comfort across all four seasons and targets a combined ceiling fan and portable heater category valued at several billion dollars annually. Tens of millions of units are sold in the U.S. alone each year, reflecting strong market potential for SKYX’s unique offering.
In response to this rising demand, SKYX confirmed it will launch two distinct models of the Smart Turbo Heater & Fan, available in six to eight color options to suit both residential and commercial applications. Manufacturing has already commenced in collaboration with the Company’s long-standing global partners.
The Company that will be added to the Russell 2000 this week believes the product’s launch will be a pivotal catalyst in its plan to reach cash-flow positive operations in 2025.
Rani Kohen, Founder and Executive Chairman of SKYX Platforms Corp., stated, “We are experiencing unprecedented interest in our all-in-one smart heater and ceiling fans from both U.S. and global markets. This product exemplifies our commitment to innovation, safety, and global market products. As we prepare for our upcoming launch, we believe this breakthrough solution will drive significant value for our customers, partners, and shareholders.”
SKYX currently holds over 97 issued and pending patents worldwide and owns a growing portfolio of more than 60 lighting and home décor websites. The Company’s mission is to transform homes and buildings into smarter, safer, and more advanced environments.
To view SKYX’s technologies in action, users can click here.
About SKYX Platforms Corp.
As electricity is a standard in every home and building, SKYX Platforms Corp.’s 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 97 U.S. and global patents and patent-pending applications. Additionally, the Company owns over 60 lighting and home decor websites for both retail and commercial segments. Their technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. They believe that their products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, users can visit the website at https://skyplug.com/ or follow on LinkedIn.
Forward-Looking Statements
Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters.
Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by U.S. federal securities laws.