SKYX Platforms Corp. Joins Russell 2000 Index, Powers Miami Smart City with Innovative Plug & Play Technology

SKYX Platforms Corp. (NASDAQ: SKYX) has announced its inclusion in the Russell 2000 Index, effective after market close on June 27, 2025, a testament to the company's growth and innovation in the smart home technology sector. This development coincides with SKYX's ambitious project to deploy over 500,000 units of its Plug & Play technologies, including an AI-powered platform, in Miami's $3 billion Urban Smart Home City project. This initiative, backed by global manufacturers and led by SG Holdings with design by Arquitectonica, underscores the company's leading role in transforming urban living through technology.

The company also reported a 6.3% year-over-year increase in Q1 2025 revenue, reaching $20.1 million, alongside securing $15 million in preferred stock funding from strategic investors, including The Shaner Group. With product demand on the rise, SKYX is gearing up for the Winter 2025 launch of two All-In-One Smart Turbo Heater & Fan models, further expanding its product lineup.

SKYX's partnerships with major retailers and manufacturers such as Home Depot, Wayfair, Cavco Homes, and lighting leaders Kichler and EGLO, position the company for significant growth. It anticipates installations in over 30,000 homes by Q2 2025 and tens of thousands more in the latter half of the year. Management remains confident in achieving cash-flow positivity within the year, reinforcing the company's strong market position and future prospects.

This news not only highlights SKYX's technological advancements and financial health but also its contribution to the evolution of smart cities and homes, making it a key player in the industry's future. For more information, visit https://skyplug.com/.