On Wednesday, smart platform technology company SKYX Platforms Corp (NASDAQ:SKYX) (SKYX Technologies) announced a collaboration with home décor website Wayfair Inc (NYSE:W)for its advanced and smart plug-and-play products.

SKYX will offer a wide variety of its advanced and smart plug-and-play products, including retrofit kits, plug-and-play smart light fixtures, ceiling fans, recessed lights, and ceiling outlet receptacles.

In the coming weeks, SKYX will likely offer its advanced and smart products on Wayfair's website.

Steve Schmidt, President of SKYX, said, "I view this collaboration as a great growth opportunity for us and Wayfair, as our technology offers a variety of products for both retail and professional segments, that is a growing category for Wayfair."

Rani Kohen, Founder and Executive Chairman of SKYX, said: "This is a significant opportunity to enhance our market penetration to both retail and professional channels, including architects, designers, and home decorators."

SKYX has a series of advanced-safe-smart platform technologies, with over 97 U.S. and global patents and patent pending applications. Additionally, the company owns over 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings.

Price Action: SKYX stock is down 2.34% at $1.25 at the last check on Wednesday.