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SKYX Platforms Corp. Secures $11 Million Strategic Investment from Global Marriott Hotel-Chain Developer

Oct 07, 2024•over 1 year ago

Contract Type

partnership

Pompano BeachOtherManufacturingInformation TechnologySoftwareReal EstateArtificial IntelligenceHospitalityHotelSecurityConstruction

Description

SKYX Platforms Corp. has announced the completion of a strategic investment of $11 million from a new class of preferred stock with a conversion price of $2.00 per common share. The investment is led by Lance Shaner, Chairman & CEO of Shaner Hotel Group, with the participation of other strategic and key SKYX investors.

Company Information

Company

SKYX Platforms

Location

2855 W. MCNAB ROAD

Pompano Beach, Florida, United States

About

SKYX Platforms Corp is a smart home and building technology company, operating as Sky Technologies and publicly traded on NASDAQ as SKYX, with a mission to make safe, advanced, and smart electrical infrastructure the standard in every home and building.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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