SKYX's Robust Patent Portfolio Now Totals 72 Patent and Pending Applications with 18 Issued Patents

New Patents Issued Cover the SKYX All-In-One Smart Modular Platform, Which Includes Smart Home Technology and Home Safety Sensors

MIAMI, FL / ACCESSWIRE / September 7, 2023 - SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a "Sky Technologies"), a highly disruptive smart platform technology company with more than 60 issued and pending patents globally and 64 lighting and home décor websites with a mission to make homes and buildings become safe and smart as the new standard, announced today the issuance of three new patents in the U.S., Europe and Japan for the Company's plug-and-play, all-in-one smart modular platform technology for ceilings in homes and buildings.

The three additional patent issuances cover the smart home and related home safety sensors, bringing the Company's intellectual property portfolio to a total of 72 issued and pending patents, 18 of which are issued patents covering SKYX's advanced and smart technologies.

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: "I am happy to announce these three new patent issuances, which further strengthens our robust intellectual property portfolio in the important area of safe, smart homes and sensor technologies. These advancements position SKYX to be a leading technology provider of smart platforms in both the lighting and the smart home of the future. Taken together, we are well positioned to create sustainable value for our shareholders over the long-term."

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 Platforms Corp. (NASDAQ: SKYX) has a series of highly disruptive advanced-safe-smart platform technologies, with over 60 U.S. and global patents and patent pending applications as well as 64 lighting and home décor websites. 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.

Forward-Looking Statements

Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as "aim," "anticipate," "believe," "can," "could," "continue," "estimate," "expect," "evaluate," "forecast," "guidance," "intend," "likely," "may," "might," "objective," "ongoing," "outlook," "plan," "potential," "predict," "probable," "project," "seek," "should," "target" "view," "will," or "would," or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words.

Such forward-looking statements include any statements regarding SKYX's products becoming a new standard. There can be no assurance that any of the Company's current or future products or technologies will gain market acceptance or that they will be adopted by any state, country, or municipality, within any specific timeframe or at all. These statements reflect the Company's reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its smart products and technologies, including commencement of presales, the Company's efforts and ability to drive the adoption of SKYX's Smart Platforms into homes, buildings, cruise ships and communities and adoption by hotels, builders and architects, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, risks arising from mergers and acquisitions, and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.

Investor Relations Contact:

Lucas A. Zimmerman
MZ North America
(949) 259-4987
SKYX@mzgroup.us

SOURCE: SKYX Platforms Corp.