SKYX Platforms Reports Record Q3 Revenue and Expands Global Smart-Building Deployments
TL;DR
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.
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SKYX Platforms Corp. (NASDAQ: SKYX) reported record third-quarter 2025 revenue of $24 million alongside significant expansion of its smart-building technology deployments across global markets. The company achieved an 8 percent sequential gross profit increase to $8 million, representing a 32 percent gross margin, while maintaining $13 million in cash and receivables as it advances toward cash flow positivity by the end of 2025.
The company secured an additional $5 million financing from lead shareholders and extended $11 million in notes to 2030, providing financial stability during a period of accelerated deployment growth. SKYX is advancing large-scale implementations of its advanced smart plug-and-play technologies through multiple strategic agreements, including a partnership with Global Ventures Group for tens of thousands of units across Middle East markets.
Major deployment projects include a $3 billion Miami smart city development requiring more than 500,000 SKYX units, a 278-unit Texas residential development, and expanded retail and professional segment collaborations with major partners including Home Depot, Wayfair, and Parrot Uncle. The company's U.S. manufacturing partnership with Profab Electronics supports these expanded deployment capabilities while maintaining quality control and production efficiency.
Continued adoption from Marriott-affiliated investors demonstrates the hospitality industry's recognition of SKYX's technology value proposition. The company's safety code standardization efforts continue gaining regulatory momentum, positioning its technologies for broader market acceptance and potential mandatory implementation in building codes.
SKYX's AI-driven e-commerce upgrade targets a 30 percent conversion lift, enhancing customer acquisition and retention through improved digital experiences. Management highlights a substantial U.S. total addressable market of approximately $500 billion across 4.2 billion ceiling applications, indicating significant growth potential for the company's platform technologies.
The company maintains an extensive intellectual property portfolio with over 97 U.S. and global patents and patent pending applications protecting its disruptive advanced-safe-smart platform technologies. For additional corporate information, investors can access the company's newsroom at https://ibn.fm/SKYX.
This expansion comes as the smart building technology market experiences accelerated growth driven by safety requirements, energy efficiency demands, and consumer preference for integrated smart home systems. SKYX's record financial performance combined with strategic global deployments positions the company to capitalize on the growing demand for standardized, safe smart-building infrastructure across residential and commercial markets worldwide.
Curated from InvestorBrandNetwork (IBN)
