SKYX Platforms (SKYX)

• Market cap: $106M
• 1 day: -1.90%
• 5 days: -8.04%
• 1 month: 6.21%
• 3 months: 22.87%
• 6 months: 0.00%
• Year to date: -37.95%
• 1 year: -36.02%
• 5 years: -91.31%
• 10 years: -91.31%
• Sector: Industrials
• Industry: Electric Lighting & Wiring Equipment

About: SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. The company's technology consists of a weight-bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post and is capable of feeding electric power to an appliance. The Company generates its income from the United States.

Employees: 60

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2.73% less ownership

Funds ownership: 8.68% [Q2] → 5.95% (-2.73%) [Q3]

21% less funds holding

Funds holding: 56 [Q2] → 44 (-12) [Q3]

38% less capital invested

Capital invested by funds: $8.25M [Q2] → $5.1M (-$3.15M) [Q3]

50% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 16

67% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 18