SKYX Platforms Corp. (NASDAQ: SKYX), a leader in smart home and building technologies, has reported a record second-quarter revenue of $23.1 million for 2025, marking a significant increase from the $20.1 million reported in the first quarter. This financial milestone underscores the company's rapid growth and the increasing demand for its innovative smart plug & play products. With a gross profit rise of 23% sequentially to $7 million and an improved gross margin of 30.3%, SKYX Platforms is setting new benchmarks in the smart home industry.
The company's strategic collaborations and expansions are pivotal to its success. A notable partnership includes a $3 billion mixed-use smart city project in Miami's Little River District, where SKYX will deliver over 500,000 units of its smart products. This project, among others, highlights the company's role in shaping the future of smart living. Additionally, SKYX is preparing to launch its patented all-in-one smart turbo heater and ceiling fan, further diversifying its product lineup.
SKYX's partnerships with global ceiling fan manufacturer Parrot Uncle and retail giants like Home Depot, Wayfair, Kichler, EGLO, and Ruee are expanding its market reach. The company's planned deployments with Cavco Homes, Forte Developments, Jeremiah Baron Companies, and JIT Electrical Supply, supported by a $15 million financing round led by The Shaner Group and key insiders, are set to accelerate its growth trajectory.
The implications of SKYX's record revenue and expanded deployments are significant for the smart home industry and consumers alike. As the company continues to innovate and form strategic partnerships, it is not only enhancing the safety and convenience of smart homes but also driving the industry towards a more integrated and user-friendly future. For more information on SKYX Platforms Corp. and its technologies, visit https://skyplug.com/.
