SKYX Platforms Corp., a technology company specializing in smart home innovations, has secured $4 million in strategic investment as part of a broader $15 million financing round. The investment, priced at $2.00 per share, comes from strategic investors including The Shaner Group and SKYX insiders such as President Steve Schmidt and Co-CEOs Lenny Sokolow and John Campi.
The funding will be utilized to support general working capital and advance the company's home innovation platform and e-commerce portfolio. SKYX, which holds over 97 issued and pending patents, aims to transform residential and commercial spaces by introducing advanced, safe, and smart technological solutions.
The company's mission centers on establishing a new standard for home and building technologies, focusing on high-quality, user-friendly products that enhance safety and lifestyle. With a comprehensive approach to technological innovation, SKYX is positioning itself as a potentially transformative force in the smart home technology sector.
This strategic investment represents a significant milestone for SKYX, providing financial resources to continue developing and expanding its platform technologies. The funding could accelerate the company's research and development efforts, potentially bringing more advanced smart home solutions to market.
