SKYX Platforms

SKYX

Market cap $152M

The New Licensing Agreement Expands SKYX's Go-To-Market Channels as It Continues to Grow Its Market Penetration with Builders, Hotels, and Retail Segments  Eurofase Operates Globally with a Manufacturing and Distribution Network Spanning U.S., Canada, Europe, and Asia with Advanced Lighting Applications for Buildings, Hotels, Residential and Commercial Segments SKYX's Technologies Expansion Provides Additional Opportunities for Future Recurring Revenues through Interchangeability, Upgrades, AI Services, Monitoring, Subscriptions, Among Others MIAMI, May 20, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award winning highly disruptive advanced smart home and AI platform technology company with over 100 U.S. and global pending and issued patents and a portfolio of 60 lighting and home décor websites, with a mission to make homes and buildings become advanced-safe-smart instantly as the new standard, today announced it signed a licensing agreement with U.S, Canada, and global leading lighting company Eurofase. This licensing agreement further validates SKYX's vast U.S. and global B2B go-to-market opportunities including builder, hotel, and residential segments.

SKYX Platforms NASDAQ: SKYX reported higher first-quarter revenue and improved gross margin, while management said the company remains focused on expanding its business-to-business pipeline with hotels and builders and growing its retail and e-commerce channels.

SKYX Platforms Corp. (SKYX) Q1 2026 Earnings Call Transcript

SKYX Platforms Corp. (SKYX) came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.09 per share a year ago.

SKYX Reports 9 Consecutive Quarters of Growth YoY with 10% Increase and Record Revenues for Q-1 2026 with $22 Million Compared to $20 Million in Q-1 2025 as It Continues to Grow Its Market Penetration SKYX Reports over $32 Million in Cash and Cash Equivalents as of March 31, 2026, Management BelievesIt Has Sufficient Cash

Company to Provide Corporate Updates including New Developments, First Quarter 2026 Overview and Financial Results; Conference Call to be Held on Monday, May 11, 2026, at 4:30 PM Eastern Time Company to Provide Corporate Updates including New Developments, First Quarter 2026 Overview and Financial Results; Conference Call to be Held on Monday, May 11, 2026, at 4:30 PM Eastern Time

The Renovation is in Process and Will Include Rooms, Suites, Bars, Restaurants, Lobby, Ballroom, Spa, Gym, Meeting Rooms, Corridors, Among Other Hotel Areas SKYX and Group OTT are Expected to Collaborate on Additional Hotels The Hotel Formerly The Grand Medicis Hotel is a Designated Historic Property in the Heart of La Bourboule a Leading Thermal

The Renovation is in Process and Will Include Rooms, Suites, Bars, Restaurants, Lobby, Ballroom, Spa, Gym, Meeting Rooms, Corridors, Among Other Hotel Areas SKYX and Group OTT are Expected to Collaborate on Additional Hotels The Hotel Formerly The Grand Medicis Hotel is a Designated Historic Property in the Heart of La Bourboule a Leading Thermal Spa Destination Centered on Health, Wellness, and Longevity Tourism SKYX's Technologies Expansion Provides Additional Opportunities for Future Recurring Revenues through Interchangeability, Upgrades, AI Services, Monitoring, Subscriptions, Among Others SKYX Technologies Reduces Up to 90% Time and Cost of Hotel Renovation or New Build and is Continuing Discussions with Additional Hotel Groups and Owners Regarding Utilization of its Smart Advanced Time and Cost Saving Game-Changing Technologies for Hotels and Buildings MIAMI, May 05, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award winning highly disruptive advanced smart home and AI platform technology company with over 100 U.S. and global pending and issued patents and a portfolio of 60 lighting and home décor websites, with a mission to make homes and buildings become advanced-safe-smart instantly as the new standard, today announced it will deploy its advanced and smart technologies during a master renovation of an historical architectural preservation hotel The Grand Hotel du Parc, in La Bourboule, France. The historical hotel, formerly The Grand Medicis hotel, currently has 100 rooms and suites and is expected to build 30 additional rooms.

MIAMI, May 04, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award winning highly disruptive advanced smart home and AI platform technology company with over 100 U.S. and global pending and issued patents and a portfolio of 60 lighting and home décor websites, with a mission to make homes and buildings become advanced-safe-smart instantly as the new standard, today announced it has been selected to participate in the inaugural Emerging Company Pavilion at the prestigious Sohn Investment Conference 2026, taking place on May 12, 2026 at Jazz at Lincoln Center in New York City. The Sohn Conference Foundation hosts the annual conference, which brings together over 1,000 leading institutional investors, hedge funds, family offices, and industry operators for a full day of high-conviction investment ideas, dedicated to support pediatric cancer research through the Sohn Conference Foundation, funding groundbreaking research and state-of-the-art technologies.

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