SKYX Platforms joins NVIDIA Connect to enhance its AI-powered smart home products and initiatives, including a major Miami project.
Quiver AI Summary
NVIDIA Connect has announced its support for advanced technology companies creating AI-powered products, with SKYX Platforms Corp. (NASDAQ: SKYX) joining the program to enhance its all-in-one smart home platform and hub. This collaboration will leverage NVIDIA's AI features for future projects, including a $4 billion smart city initiative in Miami. The partnership is expected to expedite the development of SKYX's platform, which integrates numerous smart home functionalities, by utilizing NVIDIA's GPU-accelerated AI technologies and secure cloud infrastructure. Moreover, SKYX aims to advance its offerings in safety intelligence and real-time analytics, aligning with their mission to transform homes into smart, safe environments. Company executives highlighted the significance of this collaboration in enhancing their market position and innovation capabilities within the smart home sector.
Potential Positives
- SKYX Platforms Corp. has joined the NVIDIA Connect Program, gaining access to a robust AI development ecosystem that can enhance its capabilities and accelerate innovation.
- This collaboration positions SKYX strategically in the smart home market, leveraging NVIDIA's technology to facilitate the development of advanced AI-powered products.
- The partnership is expected to contribute to SKYX's potential future revenue streams, including recurring revenues from AI services, monitoring, and subscriptions.
Potential Negatives
- Press release contains numerous forward-looking statements, indicating uncertainty regarding the company's future performance and ability to achieve stated goals.
- Company's ability to raise additional capital and continue as a going concern is uncertain, which poses a risk to its operations.
- There is no guarantee that the company's products will meet regulatory requirements or gain market acceptance, raising doubts about the future success of its offerings.
FAQ
What is NVIDIA Connect Program?
The NVIDIA Connect Program supports companies in developing AI-powered products by providing access to NVIDIA's advanced cloud and AI ecosystem.
How will SKYX benefit from NVIDIA Connect?
SKYX will gain significant advantages in AI development, accelerating innovation for their all-in-one smart home platform and enhancing their product offerings.
What features does SKYX's smart home platform include?
SKYX's platform includes safety features, smart home controls, emergency calling, and various intelligent functionalities powered by AI technology.
What is the expected impact of this collaboration?
This partnership positions SKYX to lead in smart home solutions, enhancing safety and intelligence in home and building environments worldwide.
What are the recurring revenue opportunities for SKYX?
SKYX aims to generate recurring revenues through AI services, monitoring subscriptions, and upgrades, leveraging their plug & play technology.
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 41 institutional investors add shares of $SKYX stock to their portfolio, and 22 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- 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
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 217,358 shares (-81.0%) from their portfolio in Q3 2025, for an estimated $243,440
- UBS GROUP AG removed 130,723 shares (-38.0%) from their portfolio in Q3 2025, for an estimated $146,409
- GOLDMAN SACHS GROUP INC removed 115,624 shares (-45.1%) from their portfolio in Q3 2025, for an estimated $129,498
- JANE STREET GROUP, LLC added 115,476 shares (+204.0%) to their portfolio in Q3 2025, for an estimated $129,333
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NVIDIA Connect Supports Advanced Technology Companies Developing AI-powered Products
Part of NVIDIA’s Connect Program is to Promote, Assist, and Identify Go-To-Market Opportunities
SKYX Expects to Include its All-In-One Smart Platform and Hub, in Collaboration with NVIDIA’s AI Features, in Future U.S. and Global Projects, Including the Upcoming $4 Billion Miami, Florida Smart City
NVIDIA Connect is Designed to Help Build AI Solutions Faster, Accelerate Growth, and Maximize Opportunities while Delivering a Range of Significant AI Ecosystem Advantages, as Well as Free Benefits
SKYX’s Technologies Expansion Provides Additional Opportunities for Future Recurring Revenues, AI Services, Monitoring, and Subscriptions Through Interchangeability and Upgrades, Among Others
MIAMI, Jan. 08, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive smart home 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 has joined the NVIDIA Connect Program, gaining access to NVIDIA’s cloud and AI ecosystem to support the development of SKYX’s all-in-one smart home platform and hub, as well as its broader portfolio of advanced smart home products.
SKYX’s all-in-one smart home platform and hub comprises numerous safety, security, and smart home features including Wi-Fi and repeaters, AI ecosystem, voice, and app controls, 911 emergency calling feature, smoke and CO detectors, thermostat, speakers, room-to-room intercom, emergency light, safety night light, color changing light, among others.
The NVIDIA Connect Program, cloud, and AI ecosystem accelerates and offers significant advantages for SKYX’s all-in-one smart home platform and hub including the following:
- Access to NVIDIA's world-class GPU-accelerated AI development ecosystem, including advanced frameworks for speech recognition, anomaly detection, real-time analytics, and scalable cloud inference.
- Advances the Company's vision of transforming the ceiling into the AI-powered brain of the home, enabling the all-in-one SKYX platform to deliver intelligence across six distinct domains, such as voice, audio, safety, environmental, behavioral, and predictive.
- Powers a secure, privacy-first cloud infrastructure leveraging NVIDIA's GPU and DPU technologies to process anonymized device data, enabling fleet-wide learning while ensuring enterprise-grade security and data protection.
- Supports the Company's long-term roadmap, including next-generation safety intelligence, computer vision, healthcare applications such as elderly monitoring and fall detection, and whole-home connectivity through Wi-Fi mesh extension, Matter protocol and capabilities.
- Joining a global ecosystem of AI innovators leveraging NVIDIA technology, reinforcing SKYX's commitment to delivering the most intelligent and comprehensive smart home platform available.
SKYX Patented All-In-One Smart Home Platform and Hub
Khadija Mustafa, SKYX’s Senior AI Advisor and former Global Business & AI leader at Microsoft & G42, said; “This is a significant development that positions SKYX to lead the smart, safe home and AI solutions category. Since joining SKYX as Lead AI Advisor, our focus has been on expanding the company’s AI opportunities and capabilities. Aligning with NVIDIA and its programs was a top priority from the outset. NVIDIA’s Connect Program and broader AI ecosystem provide SKYX with meaningful advantages to accelerate innovation, strengthen differentiation, and lead the advanced smart and safe home segment. Combined with SKYX’s progress in home safety standardization, this collaboration has the potential to be truly game-changing for homes and buildings.”
Rani Kohen, Founder and Executive Chairman of SKYX, said; “This is a significant and very exciting development for SKYX. The NVIDIA Program gives us a tremendous advantage toward our safe and smart home goal. Utilizing NVIDIA’s programs and the benefits of its Connect and AI ecosystem can be game changing for our Company and Shareholders.”
For SKYX All-In-One Smart Platform and Hub Video Demo: Click Here
About SKYX Platforms Corp.
- For more information about SKYX Platforms Corp. go to SKYX.com
- 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 .
- SKYX’s technologies provide opportunities for recurring revenues through interchangeability, upgrades, AI services monitoring, and subscriptions. Company is focused on the “Razor & Blades” model and its product range includes its advanced ceiling electrical outlet (Razor) and its advance and smart home plug & play products (Blades) including its advance and smart home plug & play platform products, lighting, recessed lights, down lights, EXIT signs, emergency lights, ceiling fans, chandeliers/pendants, holiday/kids/themes lights, indoor/outdoor wall lights among other. Company’s plug & play technology enables an installation of lighting, fans, and smart home products in high-rise buildings and hotels within days rather than months.
- Company’s total addressable market (TAM) in the U.S. is roughly $500 billion with over 4.2 billion ceiling applications in the U.S. alone. Expected revenue streams from retail and professional segments include product sales, royalties, licensing, subscription, monitoring, and sale of global country rights.
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 First-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, including recent measures adopted by the federal government, 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.
Non-GAAP Financial Measures
Management considers earnings (loss) before interest, taxes, depreciation and amortization, or EBITDA, as adjusted, an important indicator in evaluating the Company’s business on a consistent basis across various periods. Due to the significance of non-recurring items, EBITDA, as adjusted, enables management to monitor and evaluate the business on a consistent basis. The Company uses EBITDA, as adjusted, as a primary measure, among others, to analyze and evaluate financial and strategic planning decisions regarding future operating investments and potential acquisitions. The Company believes that EBITDA, as adjusted, eliminates items that are not part of the Company’s core operations, such as interest expense and amortization expense associated with intangible assets, or items that do not involve a cash outlay, such as share-based payments and non-recurring items, such as transaction costs. EBITDA, as adjusted, should be considered in addition to, rather than as a substitute for, pre-tax income (loss), net income (loss) and cash flows used in operating activities. This non-GAAP financial measure excludes significant expenses that are required by GAAP to be recorded in the Company’s financial statements and is subject to inherent limitations. Investors should review the reconciliation of this non-GAAP financial measure to the comparable GAAP financial measure. Investors should not rely on any single financial measure to evaluate the Company’s business.
Investor Relations Contact:
Jeff Ramson
PCG Advisory
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/13461e59-836b-4c5a-8676-e1f57b6cc2b2