SKYX Platforms Corp. (NASDAQ: SKYX) has announced its inclusion in the Russell 2000 Index, effective after market close on June 27, 2025, a testament to the company’s growing influence in the smart home technology sector. This development coincides with SKYX’s deployment of over 500,000 units of its Plug & Play technologies, including an AI-powered platform, in Miami’s ambitious $3 billion Urban Smart Home City project. The project, a collaboration with SG Holdings and designed by Arquitectonica, spans 63 acres and represents a significant leap forward in urban living and smart home integration.

The company’s recent financial performance underscores its rapid growth, with Q1 2025 revenue reaching $20.1 million, a 6.3% increase year-over-year. Additionally, SKYX has secured $15 million in preferred stock funding from strategic investors, including The Shaner Group, further solidifying its financial foundation. With product demand on the rise, SKYX is gearing up for the Winter 2025 launch of two All-In-One Smart Turbo Heater & Fan models, anticipating installations in over 30,000 homes by Q2 and tens of thousands more in the latter half of the year.

SKYX’s partnerships with industry leaders such as Home Depot, Wayfair, Cavco Homes, and lighting giants Kichler and EGLO highlight the company’s expanding footprint in the smart home market. These collaborations are expected to drive widespread adoption of SKYX’s technologies, making homes and buildings safer, more advanced, and smarter. With over 97 U.S. and global patents and patent pending applications, SKYX is at the forefront of innovation, aiming to achieve cash-flow positivity within the year.

The inclusion in the Russell 2000 Index and the involvement in Miami’s smart city project are pivotal for SKYX, showcasing the company’s commitment to revolutionizing the smart home industry. These milestones not only reflect SKYX’s technological prowess and market potential but also its role in shaping the future of urban living through advanced, safe, and smart solutions.

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