Curated News
By: NewsRamp Editorial Staff
November 13, 2025
SKYX Platforms Reports Record Q3 Revenue, Expands Global Smart Tech Deployments
TLDR
- SKYX Platforms offers investors competitive advantage through record Q3 revenue, expanding deployments in $500 billion market, and path to cash flow positivity with major retail partnerships.
- SKYX Platforms achieves 32 percent gross margin through smart plug-and-play technology deployments, AI-driven e-commerce upgrades, and strategic manufacturing partnerships driving systematic revenue growth.
- SKYX's safety code standardization and smart home technologies enhance building safety and lifestyle while creating sustainable smart city infrastructure for future generations.
- SKYX's plug-and-play technology will power a $3 billion Miami smart city project requiring over 500,000 units alongside Middle East deployments through innovative global partnerships.
Impact - Why it Matters
This development matters because SKYX's smart plug and play technologies represent a fundamental shift in building safety and automation standards. As buildings become increasingly connected and automated, the company's patented solutions address critical safety concerns while enabling seamless integration of smart home technologies. The massive $500 billion market opportunity indicates this isn't just a niche product but potentially transformative technology that could become as standard as electrical outlets in modern construction. For consumers, this means safer homes with integrated smart features; for investors, it represents exposure to a company positioned at the intersection of construction, technology, and safety regulation; and for the construction industry, it signals a move toward standardized smart building infrastructure that could redefine how buildings are designed and equipped for decades to come.
Summary
SKYX Platforms Corp. (NASDAQ: SKYX) has announced record-breaking financial performance in Q3 2025, reporting $24 million in revenue alongside an 8% sequential increase in gross profit to $8 million, achieving a robust 32% gross margin. The company maintains $13 million in cash and receivables while securing an additional $5 million financing from lead shareholders, positioning SKYX for cash flow positivity by the end of 2025. These strong financial metrics underscore the accelerating adoption of SKYX's advanced and smart plug and play technologies across multiple high-profile deployments, including a major agreement with Global Ventures Group for tens of thousands of units in the Middle East and a landmark $3 billion Miami smart city project requiring over 500,000 units.
The company's expansion momentum continues with significant new contracts, including a 278-unit Texas development and strategic retail partnerships with industry giants Home Depot, Wayfair, and Parrot Uncle. Supported by a U.S. manufacturing partnership with Profab Electronics and continued adoption from Marriott-affiliated investors, SKYX is rapidly scaling its innovative safety technologies. The company's regulatory efforts are gaining substantial traction as safety code standardization advances, while its AI-driven e-commerce upgrade targets a 30% conversion lift. Management emphasizes the enormous market opportunity, highlighting a U.S. total addressable market of approximately $500 billion across 4.2 billion ceiling applications, positioning SKYX at the forefront of the smart building revolution.
As electricity remains a standard in every home and building, SKYX's mission to make advanced safety and smart technology the new standard is supported by over 97 U.S. and global patents and patent pending applications. The company's technologies emphasize high quality and ease of use while significantly enhancing both safety and lifestyle in residential and commercial buildings. With the company extending $11 million in notes to 2030 and accelerating large-scale deployments globally, investors and industry observers can stay updated through the InvestorBrandNetwork, which provides comprehensive coverage and distribution of company developments through its specialized communications platform and Dynamic Brand Portfolio.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, SKYX Platforms Reports Record Q3 Revenue, Expands Global Smart Tech Deployments
