SkyX Platforms (SKYX): The Foundation is Built, Turning the Page to Execution.

This was supposed to be a "Substack Note"...but it was too long.

Summary:

We’re trying something new. Substack keeps encouraging us to use the “Notes” feature, so here we go. We’ll keep this brief and focused, highlighting upcoming catalysts, new partnerships, and the progress since our previous article nearly 12 months ago.

Once you review this, we think it will be clear why we believe SKYX is setting up for 2026 to be its breakout year.

(Well…so much for that idea, this ended up being about 3000 words longer than “Notes” allows, so maybe not as brief as we hoped…but we had already typed it up…so we will just post it like this - no paywall)

SKYX Catalysts we are Watching:

• Fans & Turbo-Heater Launch (Nov 2025): Expected to go live across SKYX’s websites and partner channels this month. At roughly $200 per unit, even 100k units would generate ~$20M in high-margin revenue this is an important step toward reaching cash-flow breakeven.

• Home Depot Rollout: We expect an announcement in the coming weeks that Home Depot will carry SKYX products, in stores and online, in time for the winter selling season, including the new fans and turbo-heaters.

• Full Product Assortment (Q1 2026): With fans and heaters coming to market, we anticipate the remaining product categories to launch in early 2026, completing the lineup needed for large-scale retail, builder, and hospitality adoption.

• AI Software Launch (Late Q1 2026): Expected to improve conversion rates on SKYX’s owned e-commerce sites by an estimated 30%.

• Insurance Incentives (2026): Once the full product suite is available, we expect insurers to begin offering incentives for Skyplug adoption, similar to existing programs for smoke detectors and home security systems.

• Homebuilder Adoption: Traction with builders continues to accelerate. We expect this momentum to translate into larger partnerships and higher-volume wins throughout 2026.

• Marriott Deployment: We believe Marriott is nearing initial use of Skyplug in hotel renovations. With the complete product assortment in place, we expect Marriott to become a big customer.

• Additional Hotel Chains: Following Marriott, we expect broader hospitality adoption. The Shaner Group, whose portfolio includes Hilton, Holiday Inn, Choice, Margaritaville, and independent properties, represents one such avenue for expansion.

• Cash-Flow Positive Exiting 2025: Management continues to guide toward positive cash flow exiting 2025, with sustainability thereafter significantly reducing any future dilution concerns.

• International Licensing Agreements: While timing remains less certain, SKYX has consistently indicated that global licensing partnerships are a key strategic priority.

• NEC Mandate: In our view, NEC approval is a question of when, not if. While timing is unclear, management has emphasized recent progress via new consultants and expanding regulatory engagement that they believe accelerates the timeline.

• 30 Countries Ready to Follow NEC: Roughly 30 countries adopt NEC standards. Upon NEC approval, Skyplug becomes mandatory for new construction and renovations across these regions.

Recent Partnerships:

• Global Ventures Group: Buildings and hotels across the Middle East, Egypt, and Saudi Arabia — 100,000+ units.

• Landmark Companies: 278-unit apartment complex in Austin, TX — 10,000+ units.

• Miami Smart City: Large-scale urban smart-city project in Miami, FL — 500,000+ units.

• Forte Developments: High-end luxury residential buildings in Florida — 12,000+ units.

• Jeremiah Baron Companies: Initial rollout of 140 commercial units as part of a broader project targeting 30,000+ units.

• Marriott Hotels: SKYX did a Marriott hotel demonstration this quarter and management “expect[s] to significantly expand the hotel segment in the very very near future” (Steve Schmidt, Q3 2025 call). Marriott’s global footprint represents millions of potential units.

• Home Depot: SKYX now has more than five pages of products on Home Depot’s website, including pendant lights, wall sconces, specialty fixtures, and the Skyplug. Additional products, including fans and the turbo-heater are expected to go live in November.

• Parrot Uncle: Joint marketing agreement in the U.S. and global markets covering SKYX’s technologies, including the patented all-in-one smart turbo-heater and ceiling fan. Anticipated global winter launch in Q4 supports the company’s path to cash-flow positive in 2025.

• Cavco Homes: SKYX technologies were featured in Cavco’s high-end homes, including their new premium Skye View and Bungalow models showcased at the International Builders’ Show.

• JIT Electrical Supply: SKYX will supply a full assortment of Advanced and Smart Plug-and-Play products—lighting, ceiling fans, recessed lights, EXIT signs, emergency lights, downlights, indoor/outdoor wall lights.

What are the partners saying?

Randall Langer, Global Ventures Group Founder and CEO, said, “We are excited to collaborate with SKYX to bring their smart home and innovative technologies into our upcoming Middle East projects in Saudi Arabia and Egypt. As the founder of the Global Ventures Group and as a member of the U.S. Chamber of Commerce, our goal is to deploy leading and highly disruptive U.S. technologies into international projects. By integrating SKYX’s technologies in the Middle East, we are advancing the standards of safety, convenience, and design for communities throughout the region, and we look forward to expanding this collaboration and related initiatives with SKYX throughout future developments.”

Julia Baytler, CEO of Landmark Companies, said; “We are excited to collaborate with SKYX to bring their innovative technologies into our Austin Manor project. At Landmark, our focus has always been on creating modern, high-quality living spaces that enhance the daily lives of our residents. By integrating SKYX’s advanced plug-and-play solutions, we are raising the standard of safety, convenience, and design for our communities, and we look forward to expanding this collaboration across future developments.”

Lance Shaner, Founder of the Shaner Hotel Group, said; “We clearly recognize SKYX’s significant value of time saving, cost saving, and safety as demonstrated during our Marriott SpringHill Suites hotel renovation. As a significant long-term minded SKYX investor, I strongly believe that SKYX’s game-changing advanced and smart platform technologies will make hotels, buildings, and homes advanced, smart, and safe instantly, while saving cost, time, and lives.”

Michael Swerdlow, Founder and CEO of Swerdlow Group and lead partner in SG Holdings, said, “Our $3 billion mixed-use development is set to redefine the urban landscape of Miami. To support that vision, we are integrating safe, advanced, and intelligent technologies—like SKYX’s innovative plug-and-play smart home platform—across our buildings and residences. These technologies will deliver meaningful value to our homeowners and the broader community.”

Stephen Garchik, Founder of SJM Partners, and a principal partner in SG Holdings, said, “Our 63-acre mixed-use development is designed to be a model for the future of smart urban living—safe, connected, and forward-thinking. We are looking forward to incorporating SKYX’s game-changing technologies, which will add significant value to our project, while enhancing safety, functionality, and overall experience of our buildings and homes and for the entire community.”

Tim Gage, National Vice President of Cavco’s Park Models, and Specialty Homes said, “We are excited to utilize SKYX’s game-changing safe plug and play technology in our Cavco Park Model prefabricated homes at the IBS Pro Builder Show Village. We welcome people to visit our premium homes including our Skye View and Bungalow models to see how we utilize SKYX’s technologies. I strongly believe that the SKYX technology can become the standard for new construction, as it provides, safety, time saving, and smart capabilities, while advancing and adding significant value to our homes.”

Marius Fortelni CEO and Founder of Forte Developments said: “We are excited to develop our ultra-high-end luxury upcoming projects utilizing SKYX’s game-changing advanced, smart, and safe plug and play technologies. I strongly believe that SKYX’s disruptive ceiling platform technologies will become the standard for new construction as they provide smart capabilities, safety and time savings, while adding significant value to our homes and buildings.”

Jeremiah Baron, CEO and Founder of Jeremiah Baron Companies, said: “We are looking forward to developing and providing safe, smart, and advanced residential and commercial projects utilizing SKYX’s game changing technologies. This enables us to create substantial added value to our homes and buildings as well as for our customers, while realizing significant cost and time savings.”

What are the Analysts saying?

Roth Capital – SKYX: Providing A Gateway To The SmartHome EcoSystem. TP $4.25

Litchfield Hills Research – The Qualcomm of Smart Homes - SKYX Platforms’ Path to Smart Home Dominance. TP $5.00

Noble Capital –We see further upside as the company scales, with potential NEC standardization representing a potential key catalyst to significant additional upside. TP $5.00

Maxim Research - Ready to Flip the Switch? This Smart Lighting and Plug & Play Platform Provider Has a Bright Future. TP $3.00

Trickle Research – “with a [NEC] mandate in hand, we believe SKYX could be a billion dollar+ annual revenue company, which … would support valuations of many multiples of our current target assessments.” TP $3.75

Source: TIKR.com

Why do we like SKYX now?

SKYX has spent the past few years laying the groundwork to become a mandated standard in homes across North America, and ultimately worldwide. During this time, the company has also built a strong foundation of strategic partnerships, expanded its e-commerce footprint, secured upcoming big-box retail presence, and gained broad industry support. However, much of this has flown beneath the radar of investors. Together, these elements create what we view as an extremely compelling opportunity in a misunderstood and very undervalued public company. Despite meaningful progress in the company’s fundamentals over the past year, the stock has not kept pace with that progress and still appears far too cheap. Even the sell side analysts think there is more than a double here, and that is being conservative, by their own admission.

While we find ourselves directionally aligned with sell-side analysts above, admittedly we are more bullish than their price targets suggest, and in reality, so are they! The current average Wall Street price target is roughly $4 per share, and most analysts highlight the potential for prices multiples beyond their published targets as SKYX enters a phase of uncapped growth, which, in our view, begins in Q4 and accelerates through 2026.

Risks

• Technology adoption

• Technology development

• Unexpected regulatory changes

• Inability to penetrate new markets

• Inability to procure regulatory mandates

• Inability to pay down, refinance or convert debt financing

• Competition pressures pricing

• Inability to add new partners

If you enjoyed this article and would like to be alerted of new publications, please follow and Subscribe to Unloved and Underfollowed by clicking the “Subscribe” button or click here.

Disclosure: I/we have a beneficial long position in the shares of SKYX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from subscribers on Substack). However, I do have a business relationship with SKYX whose stock is mentioned in this article.

1035 Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.

Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Substack as a whole.