SKYX Platforms plans to launch its innovative SKYFAN & TURBO HEATER in Canada, targeting significant market demand this winter.
Quiver AI Summary
SKYX Platforms Corp. has announced the launch of its innovative SKYFAN & TURBO HEATER in the Canadian market, targeting the significant demand driven by Canada's cold winters. This all-in-one product combines a ceiling fan and a built-in turbo heater, providing a safer and more efficient heating solution. The company expects to generate substantial revenue from these products in the upcoming winter and throughout fiscal year 2026, contributing to its path towards cash-flow positivity. With a focus on both residential and commercial customers, SKYX plans a broad rollout in late 2025 and early 2026, offering the product in six colors and emphasizing its potential in a multi-billion-dollar market. SKYX aims to set new standards in home comfort with its patented technology as they prepare for launches in both Canada and the U.S.
Potential Positives
- SKYX anticipates considerable revenue generation from the launch of the SKYFAN & TURBO HEATER in Canada, indicating strong market demand and potential for financial growth.
- The innovative product combines heating and cooling functionalities, positioning SKYX favorably within a multi-billion-dollar market with significant unit sales in North America.
- The launch timing aligns with the Canadian winter season, optimizing market entry for increased consumer interest and sales opportunities.
- Management's expectations for cash-flow positivity and continued market interest signal the company's commitment to achieving operational efficiency and growth.
Potential Negatives
- The press release heavily relies on forward-looking statements, suggesting a level of uncertainty about the company's future performance and potential market acceptance of its products.
- The company faces significant competition in a multi-billion-dollar market, which may impact its ability to capture market share and generate the anticipated revenues.
- There is no concrete assurance provided regarding the successful launch or commercialization of the SKYFAN and TURBO HEATER, raising concerns about the viability of these products in the market.
FAQ
What products is SKYX launching in Canada?
SKYX is launching the SKYFAN and TURBO HEATER, a combined ceiling fan and portable heater, in Canada.
How does the SKYFAN & TURBO HEATER benefit users?
This product provides a safer, more efficient alternative to traditional space heaters and enhances year-round comfort.
When can Canadian consumers expect product availability?
The products will be available starting in Q4 2025 and Q1 2026, aligning with the winter season.
What market potential do the SKYFAN & TURBO HEATER products have?
The combined ceiling fan and heater category represents a multi-billion-dollar market in North America with high annual sales.
What colors are available for the SKYFAN & TURBO HEATER?
SKYX will offer the products in six colors to cater to both residential and commercial customers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SKYX Revenue
$SKYX had revenues of $23.9M in Q3 2025.
You can track SKYX financials on Quiver Quantitative's SKYX stock page.
$SKYX Hedge Fund Activity
We have seen 40 institutional investors add shares of $SKYX stock to their portfolio, and 37 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC removed 950,551 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $993,325
- CORIENT PRIVATE WEALTH LLC added 258,419 shares (+57.8%) to their portfolio in Q3 2025, for an estimated $289,429
- BLACKROCK, INC. added 250,559 shares (+7.8%) to their portfolio in Q3 2025, for an estimated $280,626
- VANGUARD GROUP INC added 235,625 shares (+7.6%) to their portfolio in Q3 2025, for an estimated $263,900
- OMERS ADMINISTRATION CORP removed 222,900 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $232,930
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 217,358 shares (-81.0%) from their portfolio in Q3 2025, for an estimated $243,440
- PROCYON ADVISORS, LLC removed 208,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $217,359
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Based on Canada’s Cold and Long Winters, Company Anticipates Canadian Market to be Considerable for its SKYFAN & TURBO HEATER
Driven by Strong Demand, SKYX Expects Additional Winter Launches with Several Leading U.S. & Canadian Retailers, including Big-Box Chains
Management Expects the Turbo Heater & Ceiling Fan to Generate Significant Revenue Beginning this Winter and Continuing throughout Fiscal Year 2026
The Company Anticipates that the Winter Launch Will Advance its Path to Cash-Flow Positivity
The Ceiling Fan and Space Heater Categories Represent a Multi-Billion-Dollar Annual Market, with Tens of Millions of Units Sold Each Year in North America
MIAMI, Dec. 10, 2025 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive platform technology company with over 100 pending and issued patents globally and over 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced it will launch its newly patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER in Canada through its Canadian e-commerce websites among other e-commerce platforms.
The innovative product—combining a ceiling fan with a built-in turbo heater—offers a safer, more efficient alternative to traditional space heaters and addresses a large year-round market opportunity across both winter and summer seasons. The combined ceiling fan and portable heater category is a multi-billion-dollar market, with tens of millions of units sold annually in North America.
In response to strong demand, SKYX will offer the product in six colors to serve both residential and commercial markets. Production is now underway with the Company’s manufacturing partners, and SKYX expects to continue its broad rollout in Q4 2025 and Q1 2026 to align with the winter season.
Huey Long, CEO of SKYX’s eCommerce Platform Belami, stated : “We’re excited to introduce the SkyFan Turbo Heater into the Canadian market, a breakthrough product that launches an entirely new category of ceiling heater-fans for our Canadian customers. This innovation brings to the Canadian market, often subject to long winters, year-round comfort and design together in a single solution, expanding the possibilities for how people heat, cool, and light their indoor and outdoor spaces.”
Rani Kohen, Founder and Executive Chairman of SKYX Platforms Corp., stated:
“
We are experiencing great interest in our turbo heater and ceiling fan from the Canadian markets in addition to the U.S. and other global markets. This product continues to exemplify our commitment to innovation, safety, and global market products. As we prepare for our upcoming Canadian launch now coupled with our U.S. launch, we believe this all-in-one solution will drive significant value for our customers, partners, and shareholders.
To view a video of SKYX’s turbo heater ceiling fan Click here
About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 100 U.S. and global patents and patent pending applications. Additionally, the Company owns over 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn .
Forward-Looking Statements
Certain statements made in this press release are not based on historical facts but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.
Investor Relations Contact:
Jeff Ramson
PCG Advisory
[email protected]
Photos accompanying this announcement are available at
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