SKYX Platforms Corp. said it has raised over $33 million in cash from fundamental institutions and existing investors since reporting $13 million in total cash, cash equivalents, restricted cash, and receivables as of Sept. 30, 2025, including a $25 million straight common equity investment at $2.50 per share with no warrants. The company also said it extended and converted $13.5 million in notes, moving maturities out to 2030. SKYX reported revenues increased for seven consecutive comparable quarters from Q1 2024 through Q3 2025 and said it expects quarterly revenue growth to continue. The company announced a collaboration with the NVIDIA AI Ecosystem Connect Program and said it plans to expand this work into existing and future smart home projects. SKYX also announced product launches of its patented SKYFAN and Turbo Heater at Home Depot, including a SkyPlug branding page on Homedepot.com, and said its Turbo Heater Fan has also launched at Target, Walmart, Lowe’s and across its e-commerce platform of 60 websites.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SKYX Platforms Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9657661-en) on February 19, 2026, and is solely responsible for the information contained therein.