SKYX Platforms Secures $4 Million Strategic Investment to Advance Smart Home Technology

Technology startup SKYX Platforms Corp. has secured a significant $4 million strategic investment, marking a critical milestone in the company's mission to revolutionize home and building safety through advanced smart technologies. The investment, priced at $2.00 per share, is part of a larger $15 million financing round led by The Shaner Group and supplemented by investments from company insiders including President Steve Schmidt and Co-CEOs Lenny Sokolow and John Campi.

The funding will provide critical working capital to support SKYX's ongoing corporate initiatives and advance its home innovation platform. With an impressive portfolio of over 97 issued and pending patents, the company is positioning itself as a potential game-changer in smart home technology, focusing on creating safer, more advanced living environments.

SKYX's technological approach centers on transforming electrical infrastructure within homes and buildings, with an emphasis on enhancing both safety and lifestyle. The company's vision extends beyond traditional electrical solutions, seeking to establish a new standard of intelligent, secure home environments that integrate cutting-edge technological capabilities.

The strategic investment signals growing investor confidence in SKYX's technological innovations and potential market impact. By targeting fundamental electrical infrastructure, the company aims to implement smart technologies that could significantly improve residential and commercial building safety and functionality.

As smart home technologies continue to evolve, SKYX's patent-rich platform represents a potentially transformative approach to integrating advanced safety features and technological convenience. The new funding will enable the company to accelerate product development, expand its e-commerce portfolio, and potentially bring groundbreaking solutions to market.