What SkyX does

SKYX Platforms Corp. (NASDAQ: SKYX), also doing business as SKYX Technologies, is a smart home platform technology company headquartered in Johns Creek, Georgia that has developed a proprietary ceiling electrical outlet and receptacle system enabling plug-and-play installation of lighting, fans, and smart home devices. The company serves residential homeowners, builders and property developers, hospitality and hotel operators, electrical contractors, and lighting OEMs across the United States, Europe, the Middle East, and parts of Asia. Founded around 2019, SKYX holds over 100 pending and issued patents globally, including 45 issued patents covering its core ceiling receptacle technology, smart ceiling fans, recessed lighting, and all-in-one smart home platforms.

The company's product portfolio is anchored by the SkyOutlet (commercial-grade locking support mounting receptacle) and SkyPlug (separable attachment fitting plug), which together enable instant fixture installation without traditional wiring and updated the NEC Code definition of a receptacle for the first time in 120 years when adopted in 2017. Building on this core platform, SKYX offers the SkyPlug Smart Canopy (with voice control, scheduling, and color changing), the SkyFan & Turbo Heater (an all-in-one ceiling fan that heats, cools, and lights), and a comprehensive All-In-One Smart Home Platform and Hub integrating Wi-Fi repeaters, voice/app controls, 911 emergency calling, smoke/CO detection, thermostats, speakers, intercom, emergency lighting, and Matter-over-WiFi protocol connectivity. The SkyHome mobile application provides unified control across Siri, Alexa, Google Home, Bixby, Cortana, and SmartThings.

SKYX generates revenue through four streams: hardware product sales across major U.S. retailers (Home Depot, Walmart, Lowe's, Target), 60 owned e-commerce websites, and direct B2B channels; licensing and royalties from lighting and ceiling fan manufacturers including GE, Eurofase, and Kichler; subscription and monitoring services enabled through the smart platform; and B2B professional services for hotel and building deployments. The company reported $86.3 million in FY2024 revenue (up 48% from $58.8 million in FY2023), $25 million in Q4 2025, and $22 million in Q1 2026 (up 10% YoY), with 9 consecutive quarters of year-over-year revenue growth as of Q1 2026.

Name

SkyX

Legal name

SKYX Platforms Corp.

Website

https://skyx.com

Company type

Public

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

SKYX Platforms Corp. (NASDAQ: SKYX) is a smart home platform technology company that develops patented ceiling electrical outlet, smart lighting, and smart home hub products for residential, hospitality, builder, and lighting OEM markets in the U.S., Europe, and the Middle East.

Ownership category

akta.pro rank

Product category

Smart Home Technology

NAICS

Electric Lighting Equipment Manufacturing (33513), Residential Electric Lighting Fixture Manufacturing (335131)

SIC

Electric Lighting & Wiring Equipment (3640), Electric Housewares & Fans (3634)

akta.pro primary industry

Lighting Controls & Building Integration (Drivers, sensors, dimming, lighting control panels, networked lighting) (IMAGAIAI)

akta.pro secondary industries

Ceiling Fans Retail (Standard, Low-Profile, Outdoor) (CRAIAHAB), Smart Thermostats & HVAC Controls Retail (CRAIAMAC), Lighting & Electrical Supplies for Home Distribution (CRAOAFAG)

Keywords

• Smart home technology
• Ceiling electrical outlets
• Plug-and-play fixtures
• Smart lighting systems
• Home automation devices

Headquarters

HQ city

Woodbridge

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Hardware Product Sales: Direct sales of SkyPlug, SkyOutlet, Smart Canopy, SkyFan Turbo Heater, and All-In-One Platform through retail channels (Home Depot, Walmart, Lowe's, Target), e-commerce (60 websites), and B2B/professional channels to builders, contractors, and hotel operators.
2. Licensing and Royalties: Revenue from licensing patented technologies to lighting and ceiling fan manufacturers including GE (global licensing agreement), Eurofase, Kichler, and others through master service agreements.
3. Subscriptions and Monitoring Services: Recurring revenue opportunities from AI services, monitoring subscriptions, and data aggregation services enabled through the smart platform and hub products.
4. Professional Services and Project Deployment: B2B deployment of advanced smart technologies in hotels and buildings including The Mozart Prague, European hotel projects, Miami smart city, and Middle East developments.

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels8 records

Core offering

SkyX (NASDAQ: SKYX) designs, patents, and sells a ceiling electrical outlet platform consisting of the SkyOutlet receptacle and SkyPlug attachment fitting that enable instant plug-and-play installation of ceiling fixtures without rewiring. The company also sells smart home products including the All-In-One Smart Platform hub with Wi-Fi repeater and AI capabilities, the SkyPlug Smart Canopy with voice control, and the SkyFan & Turbo Heater all-season smart ceiling fan. Distribution spans major U.S. retailers, 60 owned e-commerce websites, B2B channels to builders, contractors and hotel operators, and licensing to lighting OEMs.

Product overview

SKYX Platforms Corp. offers a platform-plus-modules architecture centered on its patented ceiling electrical outlet technology. The core platform consists of the SkyOutlet (ceiling receptacle) and SkyPlug (separable attachment plug) which together enable easy plug-and-play fixture installation in ceilings. The product ecosystem expands through add-on modules including the SkyPlug Smart Canopy with voice control and scheduling capabilities, the SkyFan & Turbo Heater (an all-in-one smart ceiling fan that heats and cools), and the comprehensive All-In-One Smart Platform that serves as a complete smart home hub with WiFi repeater, voice assistants integration, 911 emergency calling, smoke/CO detection, smart speakers, intercom, emergency lighting, and Matter-over-WiFi IOT connectivity. The SkyHome mobile app provides unified control across all products via Siri, Alexa, Google Home, Bixby, Cortana, and SmartThings. The company operates a Razor & Blades model where the ceiling outlet (Razor) drives adoption of smart plug & play products (Blades) including lighting, fans, recessed lights, EXIT signs, emergency lights, and smart home platform products.

Differentiator

Problem solved

Functional benefit

Brands

• SkyPlug: Commercial grade separable attachment fitting plug for ceiling installations
• SkyOutlet
• SkyFan & Turbo Heater
• SkyPlug Smart
• All-In-One Smart Platform

Products and services

• SkyOutlet Commercial grade tamper resistant locking support mounting receptacle that enables plugging fixtures and devices into ceilings with the same ease as wall receptacles, eliminating hardwiring for ceiling fixtures.
• SkyPlug Commercial grade separable attachment fitting plug that seamlessly integrates into any fixture type, enabling instant fixture installation without traditional wiring using the SkyOutlet ceiling receptacle.
• SkyPlug Smart Canopy Smart canopy kit suitable for fixtures up to 50 lbs with voice control via Apple Siri and Amazon Alexa, scheduling, dimming, color changing, grouping control, and power metering for enhanced ambiance and energy efficiency.
• SkyFan & Turbo Heater All-in-one smart ceiling fan that heats, cools, and lights the room using SkyX's patented plug-and-play ceiling platform technology. Available through Home Depot, Target, Walmart, Lowe's, and 60 e-commerce websites.
• All-In-One Smart Platform Comprehensive ceiling-mounted smart home platform and hub that enables new and existing homes to become smart as a standard instantly, with Wi-Fi repeater, AI-powered voice/app controls, 911 emergency calling, smoke and CO detectors, thermostat, speakers, intercom, emergency light, color changing lights, and Matter-over-WiFi IOT Hub connectivity.
• SkyHome App Mobile application for seamless control of SkyX smart products with on/off, dimming, scheduling, grouping, shortcuts, music, lighting controls, room color changing ambiance, and night light features, integrating with Siri, Alexa, Google, Cortana, and SmartThings voice assistants.
• Smart Plug & Play Recessed Light Global patented advanced smart plug-and-play recessed light using SkyX's ceiling outlet platform technology.

Quantifiable outcome

• Up to 90% reduction in time and cost for building and hotel renovations/installations
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability10 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered flagship, core and minor.

• AccorflagshipStrategic or Co-development Partner · 10 June 2026Global hospitality leader operating The Mozart Prague hotel where SKYX will deploy its technologies during comprehensive renovation. SKYX supplying advanced smart plug-and-play technologies including ceiling lighting, ceiling fans, recessed lights, EXIT signs, emergency lights, and other smart products.
• OTT Heritage HospitalitycoreStrategic or Co-development Partner · 22 April 2026Agreement to deploy and market SKYX technologies to vast European hospitality market of over 132,000 hotels. Expected to market and deploy SKYX technologies into hundreds of European hotels, buildings, and developments.
• Group OTT / Jean-François OttcoreStrategic or Co-development Partner · 14 April 2026Strategic partnership with European hotel and real estate developer to deploy SKYX advanced and smart electrical technologies as brand standard throughout hotels and buildings. Group OTT has developed over 250 hospitality, residential, and commercial buildings valued at over $4 billion throughout Europe.
• NVIDIAcoreTechnology or Integration · 8 January 2026SKYX joined NVIDIA Connect Program gaining access to cloud and AI ecosystem to support development of all-in-one smart home platform and hub. Access to GPU-accelerated AI development including speech recognition, anomaly detection, real-time analytics, scalable cloud inference, computer vision for elderly monitoring and fall detection.
• GEcoreOEM/ Whitelabel/ Licensing PartnerFive-year renewal of global licensing master service agreement for SKYX technologies.
• EurofaseminorOEM/ Whitelabel/ Licensing PartnerLicensing agreement for SKYX advanced technologies with U.S., Canada, and global leading lighting company Eurofase.
• KichlerminorOEM/ Whitelabel/ Licensing PartnerProduct collaboration with Kichler for the builder segment.
• Global Ventures GroupcoreStrategic or Co-development PartnerAgreement with U.S. and international real estate developers to deploy SKYX advanced smart home technologies to buildings and hotels in Middle East projects including Saudi Arabia and Egypt.
• Parrot UncleminorGTM or Marketing PartnerGlobal sales and marketing collaboration with world leading ceiling fan manufacturer for Smart Turbo Heater and ceiling fans among other plug-and-play products.
• EGLOminorStrategic or Co-development PartnerCollaboration with European world leading design and manufacturer of decorative lighting and ceiling fans.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Leviton: Leviton is a leading North American manufacturer of electrical wiring devices, lighting controls and smart home/building products. It is the most direct incumbent peer to SKYX in residential/commercial receptacles, dimmers, and lighting controls, and competes for the same builder and contractor channels.
• Hubbell Incorporated: Hubbell is a diversified electrical and lighting products manufacturer with strong positions in wiring devices, lighting fixtures, and smart building controls. It overlaps SKYX in ceiling/lighting electrical infrastructure for commercial, industrial, and utility customers.
• Signify (Philips Hue / WiZ): Signify owns Philips Hue and WiZ, the leading consumer smart-lighting ecosystems with bulbs, fixtures, and app control. It is a broad incumbent in connected lighting that SKYX's All-In-One platform competes with for ceiling-level smart lighting and smart-home hub mindshare.
• Savant (GE Lighting): Savant acquired GE Lighting and combines premium smart lighting with full home-automation systems for residential and hospitality customers. It is both a SKYX licensing peer (via GE) and a competitor in integrated smart-home ceiling/fan/lighting platforms.
• Legrand: Legrand is a global leader in electrical and digital building infrastructure, with strong smart-home (Netatmo, Legrand Shading) and lighting-control portfolios. It competes with SKYX for builder, hospitality, and electrical-wholesaler channels worldwide.
• Eaton: Eaton is a diversified power-management company with residential and commercial wiring devices, lighting, and building control products. It is an incumbent competing for ceiling-electrical and builder/contractor specifications.
• Schneider Electric: Schneider Electric offers a broad portfolio of electrical distribution, lighting, and building-automation solutions (Wiser, KNX). Its residential wiring and smart-home offerings overlap SKYX's ceiling-receptacle and smart-home hub value proposition.

Direct peers

• Lutron Electronics: Lutron is the dominant premium lighting-controls company (Caseta, RA, HomeWorks) serving residential and hospitality customers with dimmers, sensors, and shading. It competes directly with SKYX's smart-canopy and All-In-One platform for ceiling-level lighting control and smart-home integration.
• Big Ass Fans: Big Ass Fans makes premium residential and commercial ceiling fans, including smart/connected models. Its Haiku smart ceiling fan is a direct product competitor to SKYX's SkyFan & Turbo Heater in the smart ceiling-fan category.

Emerging players

• Brilliant Smart Home: Brilliant sells in-wall smart home control panels that integrate lighting, climate, and music control and replace standard light switches. It is an emerging competitor to SKYX's All-In-One ceiling smart-home hub for centralized home control.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/skyx-platforms
• Xx.com/SkyXUAV

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SkyX