SKYX Platforms Partners with Wayfair for Smart Home Solutions
SKYX Platforms Collaborates with Wayfair
In an exciting new development, smart platform technology company SKYX Platforms Corp (NASDAQ: SKYX) has announced a partnership with the popular home décor retailer Wayfair Inc (NYSE: W). This collaboration is focused on launching a range of advanced plug-and-play home products designed to enhance connectivity and ease of use within domestic spaces.
Product Offering from SKYX
SKYX is set to provide an impressive selection of smart and innovative products, which include retrofit kits, smart light fixtures, ceiling fans, recessed lighting, and ceiling outlet receptacles. These products are designed to make home improvement projects easier and more efficient for consumers and professionals alike.
Anticipated Launch on Wayfair
In the upcoming weeks, customers can expect to find these advanced and smart products on Wayfair’s online platform, further expanding consumer access to cutting-edge home technology.
Leadership Insight on Collaboration
Steve Schmidt, the President of SKYX, shared his excitement about the partnership, stating, “I view this collaboration as a great growth opportunity for us and Wayfair. Our technology introduces a variety of engaging products for both retail and professional segments, which is an expanding category for Wayfair.”
Expanding Market Reach
Rani Kohen, the Founder and Executive Chairman of SKYX, expressed that this partnership is a significant opportunity to penetrate new markets, particularly reaching both retail and professional channels such as architects, designers, and home decorators.
Technological Advancements and Patents
SKYX Platforms boasts an impressive portfolio of advanced-safe-smart platform technologies, holding over 97 U.S. and global patents, along with several patent pending applications. The company has established a strong presence in the market with ownership of over 60 lighting and home decor websites catering to both retail and commercial segments. Their technologies prioritize high quality and user-friendliness, enhancing safety and improving lifestyles in homes and commercial buildings.
Market Response
Price Action: Following this announcement, SKYX stock has shown movement, down by 2.34%, currently trading at $1.25.
Frequently Asked Questions
What products will SKYX Platforms offer through Wayfair?
SKYX Platforms will offer retrofit kits, smart light fixtures, ceiling fans, recessed lights, and ceiling outlet receptacles.
When can consumers expect to see these products available?
The new smart products are anticipated to be available on Wayfair's website in the coming weeks.
Who is leading the SKYX Platforms company?
Rani Kohen serves as the Founder and Executive Chairman, while Steve Schmidt is the President of the company.
What is the focus of SKYX's technology?
SKYX emphasizes high quality and ease of use, along with significant improvements in safety and lifestyle enhancements in homes and buildings.
How is the market reacting to the partnership?
As of now, SKYX stock has experienced a decline of 2.34%, reflecting a current price of $1.25.
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