SQL Technologies ( (SKYX) ) has provided an announcement.
On March 17, 2025, SKYX Technologies announced record revenues of $23.7 million for the fourth quarter of 2024, marking consistent growth throughout the year. The company also secured an additional $1 million in preferred funding, bringing the total to $12 million, led by The Shaner Group. SKYX expects its products to be in 20,000 homes by the end of Q1 2025 in the U.S. and Canada. The company is expanding its market presence through strategic partnerships, including collaborations with Cavco Homes and Wayfair, and strengthening its leadership team with industry veterans. These developments position SKYX as a significant player in the smart home technology market, enhancing its industry positioning and stakeholder confidence.
More about SQL Technologies
SKYX Platforms Corp., operating as SKYX Technologies, is a disruptive company in the advanced and smart home platform technology industry. With over 97 issued and pending patents globally, the company focuses on making homes and buildings safer and smarter through its platform technologies. SKYX owns more than 60 lighting and home décor websites serving both retail and commercial segments, emphasizing high quality and ease of use to enhance safety and lifestyle.
YTD Price Performance: 1.79%
Average Trading Volume: 581,854
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $117.8M
See more insights into SKYX stock on TipRanks’ Stock Analysis page.