SKYX's Enhances its Robust Patent Portfolio Now Totaling over 94 Issued and Pending Patents with over 36 Issued Patents in the U.S. and Globally

SKYX's Robust Patent Portfolio Includes Technologies that Enable and Enhance Performance of Smart Home and AI Sensors, in Addition to Home Safety Sensors

MIAMI, June 24, 2024 (GLOBE NEWSWIRE) -- SKYX (NASDAQ:SKYX) (d/b/a "SKYX Technologies"), a highly disruptive smart platform technology company with over 94 issued and pending patents in the US and globally, announced today the issuance of 6 additional patents in the U.S. and internationally, including China, India, Europe, Canada, and Mexico for its advanced smart Plug & Play Ceiling Fan & Heater. SKYX owns over 60 lighting and home décor websites with a mission to make homes and buildings become smart, safe, and advanced as the new standard.

The 6 additional patent issuances cover SKYX's advanced plug-and-play smart ceiling fan and heater, enabling an all-in-one all-season product providing cool air for summertime and hot air for wintertime.

SKYX's Total Addressable Market ("TAM") of over $500 billion, with its robust and versatile U.S. and global patent portfolio, creates tremendous Company value, and brings the Company's patent portfolio to a total of over 94 issued and pending patents, 36 of which are issued patents covering SKYX's advanced plug-and-play and smart home platform technologies for safety, smart home, AI, electrical, lighting and ceiling fan industries.