SKYX Platforms Corp. (NASDAQ: SKYX), a leader in smart home platform technology, has recently announced a significant financial milestone with the securing of approximately $4 million in strategic investment. This investment, made through preferred stock priced at $2.00 per share, is a segment of a more extensive $15 million financing round. The round was spearheaded by The Shaner Group, with notable contributions from the company's insiders, including President Steve Schmidt and Co-CEOs Lenny Sokolow and John Campi. Their participation underscores a robust belief in the company's strategic direction and its portfolio of innovative technologies.
With over 97 issued and pending patents, SKYX Platforms is at the cutting edge of developing comprehensive smart home technologies. The company's mission is to revolutionize homes and buildings by integrating advanced, safe, and intelligent platform technologies that not only enhance safety but also improve the overall lifestyle. The recent investment will be allocated towards general working capital needs and various corporate initiatives, further enabling SKYX to cement its technologies as a standard in both residential and commercial spaces worldwide.
The strategic funding round highlights the company's commitment to delivering high-quality, user-friendly solutions that seamlessly incorporate advanced technological capabilities into everyday living environments. By aiming to make smart home technologies an essential feature in every room, SKYX Platforms is firmly establishing itself as a pioneer in the home innovation sector. For more information on SKYX Platforms and its technologies, visit https://www.skyxplatforms.com.
