Curated News
By: NewsRamp Editorial Staff
May 29, 2025
SKYX Platforms to Deploy 500,000 Smart Home Devices in Miami's Little River District
TLDR
- SKYX Platforms secures exclusive smart home infrastructure provider role in $3 billion development, deploying 500,000 devices, ensuring market dominance.
- SKYX Platforms focuses on safe-advanced smart technologies with 97+ patents, enhancing safety and lifestyle in homes and buildings globally.
- SKYX Platforms aims to make homes safer and smarter as the new standard, enhancing quality of life and safety for occupants.
- SKYX Platforms set to join Russell 2000(R) and Russell 3000(R) Indexes, achieves record Q1 revenue of $20.1 million, showcasing significant growth.
Impact - Why it Matters
This news highlights SKYX Platforms' significant growth and expansion into the smart home infrastructure market, showcasing their commitment to innovation and safety in homes and buildings. Investors and consumers alike should take note of SKYX's achievements and future prospects in the rapidly evolving technology sector.
Summary
SKYX Platforms (NASDAQ: SKYX) will deploy over 500,000 smart home devices in a $3 billion mixed-use development in Miami’s Little River District as the exclusive smart home infrastructure provider. The company is set to be included in the Russell 2000(R) and Russell 3000(R) Indexes. SKYX reported record Q1 revenue of $20.1 million and reaffirmed its outlook for second-half cash flow positivity.
SKYX Platforms Corp. focuses on making homes and buildings safe, advanced, and smart with disruptive platform technologies. The company holds over 97 U.S. and global patents and aims to enhance safety and lifestyle. For more information, visit their website at https://skyplug.com or follow them on LinkedIn.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, SKYX Platforms to Deploy 500,000 Smart Home Devices in Miami's Little River District
