SKYX Platforms Corp. Joins Russell 2000 Index, Advances Smart City Initiatives in Miami

SKYX Platforms Corp. (NASDAQ: SKYX) has announced its inclusion in the Russell 2000 Index, effective after market close on June 27, 2025, a move that underscores the company's growing influence in the smart home technology sector. This development coincides with SKYX's deployment of over 500,000 units of its Plug & Play technologies, including an AI-powered platform, in Miami's ambitious $3 billion Urban Smart Home City project. The project, a collaboration with SG Holdings and designed by Arquitectonica, represents a significant leap forward in urban living, integrating advanced smart home technologies into a 63-acre development.

The company also reported a 6.3% year-over-year increase in Q1 2025 revenue, reaching $20.1 million, alongside securing $15 million in preferred stock funding from strategic investors, including The Shaner Group. With product demand on the rise, SKYX is preparing for the Winter 2025 launch of two All-In-One Smart Turbo Heater & Fan models, further expanding its product lineup. Partnerships with major retailers and manufacturers, such as Home Depot, Wayfair, and Cavco Homes, as well as lighting leaders Kichler and EGLO, are expected to drive installations in over 30,000 homes by Q2 2025, with tens of thousands more anticipated in the latter half of the year.

SKYX's inclusion in the Russell 2000 Index and its involvement in the Miami smart city project highlight the company's pivotal role in advancing smart home technologies. These developments not only demonstrate SKYX's financial and operational growth but also its contribution to making smart, safe, and advanced living standards a reality in homes and buildings across the U.S. and globally. The company's reaffirmation of its goal to achieve cash-flow positivity this year further solidifies its position as a leader in the smart home technology industry.