SKYX Platforms Raises Additional $3.25M Investment From Current Lead Investor
Author: Benzinga Newsdesk | October 09, 2025 10:04am
MIAMI, Oct. 09, 2025 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the "Company" or "SKYX"), a highly disruptive platform technology company with over 100 pending and issued patents globally and over 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today provided the following corporate updated on its progress.
Market Acceptance, Progress and Recent Events:
- After reporting 15.7 million in cash and cash equivalents as of June 30, 2025, SKYX has raised an additional $3.25 million in September from an existing lead investor.
- SKYX has successfully demonstrated its technology during a Marriott Hotel renovation, incorporating its advanced and smart plug & play technologies, including ceiling lighting, recessed lights, downlights, wall lights, EXIT, and EMERGENCY lights, plug-in LED backlight mirrors among others. For Marriott video demo CLICK HERE.
- SKYX will supply more than 10,000 of its advanced smart plug-and-play technologies to a 278-apartment project in Austin, Texas, being developed by Landmark Companies — a prominent developer with 27 years of experience and a track record of building tens of thousands of modern homes and buildings across Texas, Florida, Colorado, and other locations. For information about Landmark Companies projects Click Here.
- SKYX is expected to deploy over 500,000 units of its advanced Plug & Play smart home technologies to Miami's $3 billion mixed-use Urban Smart Home City project, located in the heart of the city. The Plug & Play smart home technologies will include SKYX's AI-powered ecosystem, its all-in-one smart home platform technology, as well as ceiling lighting, recessed lights, downlights, wall lights, EXIT, and EMERGENCY lights, plug-in LED backlight mirrors among others. SKYX's full suite of smart platform products will be utilized throughout the entire project.
Posted In: SKYX
