SKYX Platforms Corp. sees increased revenues in Q4 2024 and secures $12 million in funding

From GlobeNewswire: 2025-03-17 09:49:20

SKYX Platforms Corp. reported an increase in revenues each quarter throughout 2024, reaching $23.7 million in Q4. The company also secured $12 million in preferred funding, with $1 million added to the initial $11 million strategic funding. SKYX expects its products to be in 20,000 units by the end of Q1 2025 in the U.S. and Canada. The company’s technologies offer opportunities for recurring revenues through interchangeability, upgrades, monitoring, and subscriptions. SKYX has made strategic partnerships and continues to expand market presence with key collaborations in the smart home technology sector.



Read more at GlobeNewswire: SKYX Pre-Announces Record 4th Quarter 2024 Revenues of