SKYX to supply 10,000 smart lighting units for Landmark's 278-apartment project, enhancing safety and convenience in modern living spaces.
Quiver AI Summary
SKYX Platforms Corp. has announced its plan to supply over 10,000 units of advanced smart plug-and-play technologies for a new 278-apartment project in Texas, developed by Landmark Companies, which has extensive experience in modern residential development. The project will integrate various amenities and utilize SKYX’s innovative lighting solutions, including ceiling and wall lights, EXIT and emergency lights, and more. Julia Baytler, CEO of Landmark, expressed enthusiasm for the collaboration, emphasizing the enhancement of safety and convenience in their developments. Rani Kohen, Founder of SKYX, highlighted the company's commitment to creating smarter, safer buildings. The companies anticipate further collaboration on future projects.
Potential Positives
- SKYX is set to supply over 10,000 units of its advanced smart plug and play technologies for a significant 278-apartment project, indicating strong demand for its innovative products.
- The collaboration with Landmark Companies, a reputable developer with 27 years of experience, enhances SKYX's credibility and market presence in the real estate sector.
- The project emphasizes the integration of advanced safety and convenience features, aligning with SKYX's mission to transform homes and buildings into smart and safe environments.
- This partnership is expected to lead to additional collaborations on future projects, potentially expanding SKYX's market reach and revenue opportunities.
Potential Negatives
- Highlighting the reliance on a single project for significant supply could signal over-dependence on one client, which raises concerns about revenue stability.
- The general reliance on forward-looking statements indicates a level of uncertainty regarding the company's future performance, including the potential adoption of their technologies.
- The possibility that products may not achieve necessary code mandates raises concerns about the marketability and regulatory acceptance of the company's technologies.
FAQ
What technologies will SKYX provide for the Austin Manor project?
SKYX will supply advanced smart plug & play technologies, including ceiling lights, wall lights, and emergency lights.
How many units is SKYX expected to supply?
SKYX is expected to supply over 10,000 units for the Austin Manor project.
Who are the developers of the Austin Manor project?
The Austin Manor project is developed by Landmark Companies, who have 27 years of experience in the industry.
What is the focus of the collaboration between SKYX and Landmark Companies?
The collaboration aims to enhance safety, convenience, and design in modern living spaces.
Where are Landmark Companies' projects located?
Landmark Companies are developing projects in Texas, Florida, Colorado, and other locations.
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 Hedge Fund Activity
We have seen 40 institutional investors add shares of $SKYX stock to their portfolio, and 27 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 2,390,342 shares (+287.2%) to their portfolio in Q2 2025, for an estimated $2,497,907
- MILLENNIUM MANAGEMENT LLC removed 950,551 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $993,325
- GEODE CAPITAL MANAGEMENT, LLC added 718,712 shares (+96.9%) to their portfolio in Q2 2025, for an estimated $751,054
- VANGUARD GROUP INC added 602,591 shares (+24.2%) to their portfolio in Q2 2025, for an estimated $629,707
- STATE STREET CORP added 359,925 shares (+162.7%) to their portfolio in Q2 2025, for an estimated $376,121
- NORTHERN TRUST CORP added 340,869 shares (+256.7%) to their portfolio in Q2 2025, for an estimated $356,208
- CORIENT PRIVATE WEALTH LLC added 277,000 shares (+163.0%) to their portfolio in Q2 2025, for an estimated $289,465
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SKYX is Expected to Supply Over 10,000 Units Including its Advanced Smart Plug & Play Technologies comprising Ceiling Lighting, Ceiling Fans, Recessed Lights, Down Lights, EXIT Signs, Emergency Lights, Indoor and Outdoor Wall Lights Among Other Advanced Smart Products
Landmark Companies are Prominent Developers with 27 Years of Experience Building Tens of Thousands of Units Specializing in Modern Homes and Buildings with Over 3000 Units in Development in Texas, Florida, and Colorado, Among Other Locations
SKYX and Landmark are Expected to Collaborate on Additional Upcoming Landmark Projects
MIAMI, Oct. 01, 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 that it will supply its advanced smart plug and play technologies to a 278-apartment project in the Austin Manor area in Texas. The 278-apartment project is led by prominent developers Landmark Companies. The project will feature a wide range of amenities, including swimming pools, a state-of-the-art gym, modern meeting conference facilities, and landscaped green spaces, among others.
SKYX is expected to provide over 10,000 units of its advanced and smart plug & play technologies, including ceiling lighting, recessed lights, downlights, wall lights, EXIT, and EMERGENCY lights, plug-in LED backlight mirrors among other SKYX products.
Landmark Companies are prominent developers with 27 Years of experience building tens of thousands of units specializing in modern homes and buildings in Texas, Florida and Colorado, among other locations.
Julia Baytler, CEO of Landmark Companies, said; “We are excited to collaborate with SKYX to bring their innovative technologies into our Austin Manor project. At Landmark, our focus has always been on creating modern, high-quality living spaces that enhance the daily lives of our residents. By integrating SKYX’s advanced plug-and-play solutions, we are raising the standard of safety, convenience, and design for our communities, and we look forward to expanding this collaboration across future developments.”
  For information about Landmark Companies projects
  
   Click Here
  
  
  
   www.landmarkcompanies.us
  
 
Rani Kohen, Founder and Executive Chairman, of SKYX Platforms, said; “We are very pleased to be working with prominent developers like Landmark Companies. We look forward to collaborating with them to enhance home values while creating safer, more advanced, and smarter buildings for the future.”
To view SKYX's Technologies demo video 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]
  
 
 
         
       
       
    