Published since 1965, Laser Focus World provides comprehensive global coverage of optics, photonics, and optoelectronic technologies, applications, and markets. With 80,000+ qualified print subscribers and over a half-million annual visitors to our online content, we are the go-to source to access decision makers and stay in-the-know.

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  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

TechMediaBreaks – SKYX Platforms Corp. (NASDAQ: SKYX) Reports 48% Revenue Growth in 2024, Eyes Profitability in Second Half of 2025

SKYX Platforms (NASDAQ: SKYX) reported a 48% year-over-year revenue increase, reaching $86.3 million in 2024, including a record $23.7 million in fourth-quarter sales. The company narrowed its net loss to $0.36 per share, improved gross profit to $24.6 million, and reduced general and administrative expenses by $5.7 million. SKYX ended the year with $15.5 million in cash and secured an additional $1.45 million in March 2025 funding. Management projects the company will achieve positive cash flow in the second half of 2025, driven by growing demand for its smart home plug & play technologies and strategic partnerships with major retailers and developers. 

To view the full press release, visit https://ibn.fm/QQVp4 

About SKYX Platforms Corp. 

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 97 U.S. and global patents and patent pending applications. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://skyplug.com/ or follow us on LinkedIn

NOTE TO INVESTORS: The latest news and updates relating to SKYX are available in the company’s newsroom at https://ibn.fm/SKYX 

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