Curated News
By: NewsRamp Editorial Staff
February 19, 2026
SKYX Partners with NVIDIA, Launches at Home Depot, Eyes $500B Smart Home Market
TLDR
- SKYX's collaboration with NVIDIA and expansion into major retailers like Home Depot provides investors with a competitive edge in the growing smart home market.
- SKYX's smart home platform uses patented plug-and-play technology with over 100 patents, integrating AI software to increase e-commerce conversion rates by up to 30%.
- SKYX's safety standardization efforts aim to reduce electrical fires and accidents, potentially saving billions in insurance costs and making homes safer globally.
- SKYX plans to deploy over 1 million smart home units worldwide, including in a $4 billion Miami smart city and Saudi Arabia projects.
Impact - Why it Matters
This news matters because it signals a major acceleration in the adoption of standardized, safe smart home technology that could fundamentally change how homes and buildings are wired and automated. SKYX's push for mandatory electrical code standardization, backed by industry leaders, addresses critical safety issues like fire hazards and electrocution risks, potentially saving lives and reducing insurance costs on a massive scale. For consumers, the expansion into major retailers like Home Depot, Target, and Walmart means easier access to user-friendly, plug-and-play smart home products that enhance safety and convenience without complex installation. The collaboration with NVIDIA's AI ecosystem points to a future where home automation becomes more intelligent and integrated, while the company's financial growth and project pipeline suggest it is becoming a significant player in a market estimated at $500 billion in the U.S. alone. This impacts homeowners, builders, insurers, and investors by driving safer, smarter building standards and creating new market opportunities in the rapidly evolving smart home industry.
Summary
SKYX Platforms Corp., a disruptive smart home technology company trading on NASDAQ as SKYX, has announced a series of significant developments that position it for substantial growth. The company has secured a major collaboration with the NVIDIA AI Ecosystem Connect Program, which it expects to expand into its existing and future smart home projects, signaling a powerful integration of artificial intelligence into its platform. This news was distributed via PRISM MediaWire, a trusted press release distribution service. Concurrently, SKYX has successfully launched its patented advanced SKYFAN and Turbo Heater products with leading U.S. retailer Home Depot, including a dedicated SkyPlug branding page on Homedepot.com, and has expanded availability to other major retailers like Target, Walmart, and Lowe's, as well as across its own e-commerce platform of 60 websites.
Financially, the company is on a strong trajectory, having raised over $33 million in cash from fundamental institutions and existing investors following a report of $13 million in cash and equivalents as of September 30, 2025. A notable $25 million investment came from one institution at $2.50 per share with no warrants, and the company has extended $13.5 million in notes to a 2030 maturity. SKYX revenues have increased for seven consecutive comparable quarters from Q1 2024 through Q3 2025, and management expects this growth to continue, advancing the company's path to becoming cash-flow positive. The company is also launching a new AI-driven software for its e-commerce sites, anticipated to boost conversion rates and sales by up to 30%.
Looking ahead, SKYX anticipates deploying over 1 million units of its advanced plug-and-play smart home technologies through upcoming projects in key locations like a North Carolina smart home community, developments in Austin and San Antonio, Texas, a new $4 billion smart city in Miami, Florida, and international ventures in Saudi Arabia and Egypt. The company also expects to deploy over 100,000 products into homes and units by the end of 2026 through retail and professional segments. A critical component of its strategy is the ongoing work of its Safety Code Standardization Team, led by industry veterans like former NEC head Mark Earley and former ALA CEO Eric Jacobson, which is progressing toward a mandatory safety standardization for its ceiling outlet/receptacle technology in homes and buildings, a move that could save insurance companies billions by reducing fires and accidents.
Source Statement
This curated news summary relied on content disributed by PRISM Mediawire. Read the original source here, SKYX Partners with NVIDIA, Launches at Home Depot, Eyes $500B Smart Home Market
