What SKYX Platforms does

SKYX Platforms Corp. (Nasdaq: SKYX) is a publicly traded smart home technology company founded in 2004 and headquartered in Pompano Beach, Florida, with a customer support office in Johns Creek, Georgia, and a cloud/AI/IoT engineering office in Israel. The company's foundation is the patented Weight-Supporting Ceiling Receptacle (WSCR), which was the first product added to the definition of a receptacle in the U.S. National Electrical Code in 120 years (2017 NEC update). On top of this base, SKYX offers the SkyPlug Standard Canopy (a plug-and-play ceiling electrical base), the SkyPlugSmart Canopy (a smart-enabled variant), the SkyOutlet ceiling receptacle, the SkyFan & Turbo Heater (an all-in-one ceiling fan + heater for mass-market retail), and the All-in-One Smart Home Platform and Hub — a ceiling-mounted AI-powered hub integrating Wi-Fi, voice controls, 911 emergency calling, smoke/CO detection, environmental sensors, and behavioral/predictive AI built on NVIDIA's cloud and AI ecosystem. The platform holds over 90 U.S. and global patents and patent-pending applications.

SKYX generates revenue through five streams: (1) hardware product sales of proprietary plug-and-play canopies and fixtures (FY2025 revenue of $92M, up from $58.8M in FY2023); (2) razor-and-blades licensing royalties from lighting OEMs including GE, Kichler, and Eurofase; (3) recurring AI services, monitoring, and subscriptions bundled with large hotel and multi-unit deployments; (4) direct-to-consumer and B2B e-commerce across 60+ owned lighting and home décor websites (including the April 2023-acquired Belami platform); and (5) project-based deployment services for hotel renovations and residential developments. The company sells simultaneously to enterprise customers (large-scale developers and hotel groups such as Shaner Hotel Group, Group OTT, Daniele Management, and Landmark Companies for multi-thousand-unit deployments), to residential consumers through Walmart, Home Depot, Lowe's, and Target, and to OEMs via licensing, with geographic operations spanning the U.S., Europe (France, Czech Republic), and the Middle East.

Name

SKYX Platforms

Legal name

SKYX Platforms Corp.

Website

https://skyplug.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

SKYX Platforms (Nasdaq: SKYX) is a smart home technology company that sells patented plug-and-play ceiling receptacle and canopy products (SkyOutlet, SkyPlug, SkyFan) plus an AI-powered smart home hub, serving hospitality operators, residential developers, retail consumers, and lighting OEMs across the U.S., Europe, and the Middle East.

Ownership category

akta.pro rank

Product category

Smart Lighting and Ceiling Platforms

NAICS

Computer and Peripheral Equipment Manufacturing (33411), Electric Lighting Equipment Manufacturing (3351), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)

SIC

Electric Housewares & Fans (3634)

akta.pro primary industry

Digital Game Distribution Platforms & Storefronts (PC/Mobile/Console) (MPAFABAB)

Keywords

• Smart ceiling platforms
• Plug-and-play lighting
• Ceiling receptacle technology
• Smart home automation
• IoT building devices

Headquarters

HQ city

Florida

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware product sales: Direct sales of proprietary plug-and-play hardware including SkyPlug canopies, SkyOutlets, SkyPlug Smart canopies, and SKYFAN & Turbo Heater units, sold through retail, developer deployments, and e-commerce. Revenue grew from $58.8M (2023) to $86.3M (2024) to $92M (2025).
2. Licensing royalties (razor-and-blades model): Licensing of the ceiling receptacle platform technology to lighting OEMs (e.g., Eurofase for the U.S. market, plus existing partnerships with GE and Kichler) with interchangeable add-on products generating recurring per-unit licensing fees.
3. Recurring AI / monitoring / subscription services: Recurring revenue from AI services, monitoring, subscriptions, and technology upgrades bundled with hotel and multi-unit property deployments across Europe (Group OTT) and other large accounts.
4. E-commerce (DTC and B2B): Direct-to-consumer and B2B sales across 60+ owned lighting and home decor websites, augmented by an AI-driven conversion optimization platform.
5. Project-based deployment services: Project-based revenue from large-scale deployment of plug-and-play products into hotel renovations (e.g., The Grand Hotel du Parc, The Mozart Prague) and residential developments (Pittsford Oaks, San Antonio townhomes).

Pricing tiers

Go-to-market motion6 records

Distribution channels8 records

Marketing channels8 records

Core offering

SKYX Platforms Corp. designs, patents, and sells a patented ceiling receptacle platform (SkyOutlet/SkyPlug) that enables instant plug-and-play installation of lighting, fans, heaters, and smart home devices. On top of this hardware platform, the company offers the All-in-One Smart Home Platform & Hub (built with NVIDIA's cloud and AI ecosystem) and consumer products such as the SkyFan & Turbo Heater, distributed through major U.S. retailers, OEM licensing, direct enterprise sales to developers and hotels, and 60+ owned e-commerce websites.

Product overview

SKYX Platforms Corp. (d/b/a Sky Technologies) offers a single integrated platform-plus-modules architecture centered on its patented ceiling receptacle platform — the SkyOutlet and Weight-Supporting Ceiling Receptacle (WSCR) — which was recognized in the 2017 NEC Code. On top of this core, SKYX layers the SkyPlug Standard Canopy (plug-and-play lighting base) and the SkyPlugSmart Canopy (smart canopy module), the All-In-One Smart Home Platform & Hub (developed with NVIDIA's cloud and AI ecosystem), and consumer products like the patented ceiling plug-and-play SkyFan & Turbo Heater. The company also owns the acquired Belami lighting and home décor e-commerce business, operating more than 60 lighting and home décor websites, and holds over 90 U.S. and global patents protecting its safe-smart ceiling platform technologies for homes, hotels, and commercial buildings.

Differentiator

Problem solved

Functional benefit

Brands

• SkyPlug: Standard plug-and-play ceiling electrical platform and Standard canopy product line.
• SkyOutlet
• SkyPlug Smart
• SkyFan
• All-in-One Smart Platform

Products and services

• SkyPlug Standard Canopy A plug-and-play ceiling electrical canopy that allows lighting fixtures to be installed instantly without traditional wiring, integrating with any fixture type at any scale and forming the foundational layer of SKYX's ceiling platform.
• SkyPlugSmart Canopy A smart canopy lighting base that extends the SkyPlug platform with integrated smart features for connected ceiling fixtures, enabling safer and easier installation of intelligent lighting in homes and buildings.
• SkyOutlet A ceiling-installed electrical receptacle/outlet platform that provides weight-supporting connectivity and standardizes how fixtures and devices are powered and connected from the ceiling.
• SkyFan & Turbo Heater A patented ceiling plug-and-play all-in-one device that combines a ceiling fan with a built-in turbo heater, moving heating and airflow to the ceiling as an alternative to traditional portable space heaters. Available at major U.S. retailers and online.
• All-In-One Smart Home Platform & Hub A unified ceiling-mounted smart home platform and hub integrating Wi-Fi, voice control, AI ecosystem, 911 emergency calling, smoke and CO detectors, and environmental monitoring, built with NVIDIA's cloud and GPU-accelerated AI tools.
• Belami Lighting & Home Décor E-Commerce Group An acquired lighting and home décor e-commerce business used by SKYX to sell products across 60+ owned websites targeting both B2B and B2C segments.

Quantifiable outcome

• Revenue grew from $58.8M (2023) to $86.3M (2024) to $92M (2025), with 9 consecutive quarters of YoY growth as of Q1 2026
• +5 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature7 records

Partnerships

16 partnerships are on record, tiered major, flagship and minor.

• EurofasemajorOEM/ Whitelabel/ Licensing Partner · 19 June 2026Licensing deal targeting the U.S. lighting market; part of SKYX's razor-and-blades commercialization with established lighting brands alongside GE and Kichler partnerships.
• AccormajorChannel Partner/ Reseller/ Distributor · 11 May 2026Global hospitality leader operating the 5-star Hotel 'The Mozart Prague' in the Czech Republic (owned by Group OTT), which will deploy SKYX smart home and AI technologies during a renovation of the iconic property.
• Group OTT (OTT Heritage Hospitality)flagshipStrategic or Co-development Partner · 14 April 2026Strategic partnership to deploy and market SKYX smart home and building technologies across the European hotel market. Group OTT, a France-based developer with 35+ years of experience and 250+ buildings worth $4B+, will adopt SKYX as a brand standard across its hotels and buildings; SKYX claims up to 90% time/cost reductions. Targets hundreds of European hotels and hundreds of thousands of units with recurring AI/monitoring/subscription revenue.
• Daniele Management & Development GroupmajorChannel Partner/ Reseller/ Distributor · 11 March 2026Supply partnership for the Pittsford Oaks Apartment Development in New York (171 residential units) with approximately 10,000 units of SKYX smart home technologies including ceiling lighting and emergency signs.
• WalmartflagshipChannel Partner/ Reseller/ Distributor · 11 February 2026U.S. retail launch of SKYX's patented ceiling plug & play SKYFAN & Turbo Heater at Walmart stores with broad rollout in Q1 2026, targeting the multi-billion-dollar combined ceiling fan and space heater market.
• Home DepotflagshipChannel Partner/ Reseller/ Distributor · 6 February 2026Launch of the SKYFAN & Turbo Heater at Home Depot including a dedicated SkyPlug brand page on HomeDepot.com to enhance product visibility and consumer education in FY2026 across residential and light commercial segments.
• Lowe'smajorChannel Partner/ Reseller/ Distributor · 21 January 2026Launch of SKYX's SKYFAN & TURBO HEATER product in U.S. retail chain Lowe's, with broad rollout planned during 2026.
• NVIDIAflagshipStrategic or Co-development Partner · 8 January 2026SKYX joined the NVIDIA Connect Program to access NVIDIA's cloud and AI ecosystem for its patented ceiling all-in-one smart home platform and hub. Provides GPU-accelerated AI development tools, frameworks for speech recognition and anomaly detection, enterprise-grade security, and positions SKYX for projects including the $4B Miami smart city initiative with recurring AI services, monitoring, and subscription revenue.
• TargetmajorChannel Partner/ Reseller/ Distributor · 18 December 2025Launch of the ceiling plug & play SKYFAN & Turbo Heater at Target, a major U.S. retailer, expected to drive significant revenue and growth for SKYX in 2026.
• Landmark CompaniesmajorChannel Partner/ Reseller/ Distributor · 19 November 2025Supply partnership for a 340-unit townhome and apartment project in San Antonio, Texas (88 townhomes + 252 apartments) including 15,000+ units of SKYX smart technologies covering lighting and emergency systems.
• Belami EcommercemajorChannel Partner/ Reseller/ Distributor · 9 February 2023Acquired lighting and home décor e-commerce conglomerate for $25.28M (closed April 2023) in a stock and cash transaction. Expanded SKYX's distribution channels and enhanced gross margins.
• GEmajorOEM/ Whitelabel/ Licensing PartnerExisting OEM partnership licensing SKYX's ceiling receptacle platform technology for GE's lighting products as part of the company's razor-and-blades commercialization strategy.
• KichlermajorOEM/ Whitelabel/ Licensing PartnerExisting OEM partnership licensing SKYX's ceiling receptacle platform technology for Kichler's lighting products as part of the company's razor-and-blades commercialization strategy.
• Thompson Hine LLPminorImplementation/ SI/ Consulting PartnerOutside legal counsel for SKYX Platforms Corp.
• Pacific Stock TransferminorImplementation/ SI/ Consulting PartnerTransfer agent for SKYX Platforms Corp., reachable at 1-800-785-7782 or [email protected]
• MZ North AmericaminorGTM or Marketing PartnerInvestor relations firm for SKYX Platforms Corp., led by Lucas A. Zimmerman; primary IR contact

Scale indicators11 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Legrand: Global specialist in electrical and digital building infrastructure, including wiring devices and connected lighting/smart building systems. Comparable to SKYX as a broad incumbent offering overlapping ceiling, lighting, and smart building capabilities through a wider product portfolio.
• Lutron Electronics: Market leader in lighting controls and smart shading systems for residential and commercial buildings. Comparable to SKYX through its focus on intelligent, integrated lighting control solutions and recurring/architect-and-developer-driven specification model.
• Signify (Philips Lighting): Global lighting leader owning Philips Hue/Wiz connected lighting brands. Comparable to SKYX in smart lighting and connected ceiling fixtures, with overlapping retail distribution and licensing model through OEMs.
• Acuity Brands: U.S. lighting and building solutions provider offering smart lighting controls, fixtures, and integrated building management. Comparable to SKYX as a broad incumbent in the same vertical with established developer/specification channels.
• Hubbell Incorporated: Manufacturer of electrical and electronic products including wiring devices, lighting, and smart building solutions. Comparable to SKYX as a broad incumbent whose electrical infrastructure products overlap directly with SKYX's ceiling receptacle platform.
• Leviton: Major U.S. manufacturer of wiring devices, lighting controls, and smart home products (Decora Smart). Comparable to SKYX through directly overlapping ceiling/wall electrical and smart home product categories and big-box retail distribution.
• GE Lighting (a Savant company): Smart lighting and connected home brand owned by Savant Systems. Comparable to SKYX as both an existing OEM licensing partner and a broad incumbent offering competing smart lighting and smart home ecosystems to retailers and developers.
• Savant Systems: Premium smart home and smart lighting platform now owning GE Lighting. Comparable to SKYX through its whole-home AI-driven lighting/control platform and overlap with the luxury hospitality and residential developer segment.

Emerging players

• Loxone: European-headquartered smart home automation specialist focused on integrated lighting, shading, HVAC, and AI-driven home control. Comparable to SKYX as a smaller specialist competing in the integrated ceiling-based smart home platform space.
• Brilliant Smart Home: Smart home control panel and integrated platform that brings together lighting, climate, audio, and voice control. Comparable to SKYX as a smaller specialist offering a centralized, ceiling/wall-mounted smart home hub with developer/builder channel focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SkyXPlatforms

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries1 record

Funding overview

Funding rounds8 records

Investors3 records

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

M&A2 records

Investments

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

Frequently asked questions about SKYX Platforms