SKYX Platforms Corp, an American industrial technology company headquartered in Alpharetta, has been making strides in the development of innovative tools for the installation of electrical fixtures, including light fixtures and ceiling fans. The company operates within the industrials sector and is listed on the Nasdaq exchange. As of November 9, 2025, SKYX Platforms Corp’s stock closed at $1.51, reflecting a significant fluctuation over the past year, with a 52-week high of $2.135 on February 5, 2025, and a 52-week low of $0.88 on April 8, 2025. The company’s market capitalization stands at approximately $172.56 million.
The core technology of SKYX Platforms Corp revolves around a unique system comprising a weight-bearing, fixed socket and a revolving plug. This innovative design is engineered to conduct electricity efficiently while providing robust support for various electrical appliances. The company’s focus on enhancing the safety and ease of installation for electrical fixtures positions it as a key player in the industrial technology landscape.
Despite its innovative offerings, SKYX Platforms Corp faces financial challenges, as indicated by its price-to-earnings ratio of -3.33. This negative ratio suggests that the company is currently not generating profits, which may be a point of concern for investors. However, the company’s commitment to advancing its technology and expanding its market presence could potentially lead to future profitability.
As SKYX Platforms Corp continues to develop its proprietary technology, it remains focused on addressing the needs of the electrical installation industry. The company’s strategic initiatives and technological advancements are likely to play a crucial role in its future growth and market positioning.
