SKYX SKYX PLATFORMS CORP

DGAP-News: SKYX Platforms: SKYX's Revolutionary Weight-Supporting Plug & Play Ceiling Outlet Receives National Electrical Code(R) (NEC) Generic Name Approval

DGAP-News: SKYX Platforms / Key word(s): Miscellaneous
SKYX Platforms: SKYX's Revolutionary Weight-Supporting Plug & Play Ceiling Outlet Receives National Electrical Code(R) (NEC) Generic Name Approval

13.09.2022 / 14:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


 

SKYX's Revolutionary Weight-Supporting Plug & Play Ceiling Outlet Receives National Electrical Code(R) (NEC) Generic Name Approval

 

NEC has Acronyms for Other Important Safety Devices Such as the GFI (Ground-Fault Circuit Interrupter - GFCI) Outlet for Bathrooms and Other Locations

 

NEC Acronym Approval for SKYX’s Ceiling Outlet as WSCR Signifies Key Milestone

for its Standardization Process

  

MIAMI, FL / ACCESSWIRE / September 13, 2022 / SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a “Sky Technologies”) (“SKYX,” “we” or “the Company”), a highly disruptive platform technology company with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings,  today announced that the National Electrical Code® (NEC) has voted to approve SKYX’s generic names for its weight-bearing safe plug & play outlet/receptacle for ceilings as WSCR (Weight-Supporting Ceiling Receptacle) for its universal ceiling outlet and WSAF (Weight-Supporting Attachment Fitting) for its ceiling plug as part of SKYX’s standardization process. The NEC has acronyms for other important safety devices such as the GFI outlet (Ground-Fault Circuit Interrupter - GFCI) for bathrooms, kitchens, and other locations.

With a market of hundreds of millions of installations of light fixtures and ceiling fans in the U.S. alone, a safe plug & play installation method is a necessity. It will save lives, significantly reduce injuries, ladder falls, electrocutions, fires, and other hazardous incidents.

The NEC also acknowledges SKYX’s recently announced historic addition of the specifications of its weight-bearing safe plug & play outlet/receptacle by leading U.S. standardization organizations for homes and buildings ANSI / NEMA. Examples of other products that have standardized specifications include the household wall outlet and the GFI bathroom and kitchen outlets that are included in every home in the U.S.

 

To learn more about SKYX’s technology, access the explainer video link here:

Mark Earley, former Chief Electrical Engineer at NFPA, former Head of the NEC, and current Chair of the SKYX Safety Advisory Board, said: “This is a very important milestone for SKYX’s standardization process as well as for the safety of U.S. consumers and professionals. Based on the safety aspects provided by SKYX’s weight-supporting ceiling receptacle, I expect that the acronym WSCR to be a household name in U.S. homes and buildings, just as the GFCI is. When using traditional wiring methods, common risks include injuries and deaths from fires, shocks, electrocutions, and falls from ladders. These risks can be significantly reduced by using the SKYX safe plug and play installation method, that also saves on installation time, which substantially reduces time spent on ladders."

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: “The NEC's vote to approve generic names for our ceiling outlet and plug products represents a significant milestone in the Company's path to helping homes and buildings become safer and smarter as a standard. People view products such as the GFCI or GFI – as many call the electrical outlet for bathrooms and kitchens – as being necessary to promote safety and peace of mind. We are encouraged by the NEC's support of our WSCR, and similar to the GFI, hope to make our technology a standard in every home and building, as our technology will save lives, substantially reduce injuries, electrocutions, ladder falls, fires and other hazardous incidents that can happen while installing light fixtures and ceiling fans. In addition to making these installations safer, our plug & play technology simplifies the installation process, driving savings of both time and money.”

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 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. 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 or follow us on .

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause the Company’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Our estimates of the addressable market for our products may prove to be incorrect. The projected demand for our products could materially differ from actual demand. Forward-looking statements speak only as of the date they are made and 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 Sky’s Plug Smart Platforms into multi-family residential buildings and communities and adoption by hotels, ability to capture market share, ability to execute on any sales and licensing opportunities, ability to achieve code mandatory status for the SkyPlug, and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission. In particular, the NEC’s approval of the Company’s generic names for its weight-bearing safe plug & play outlet/receptacle for ceilings as WSCR (Weight-Supporting Ceiling Receptacle) for its universal ceiling outlet and WSAF (Weight-Supporting Attachment Fitting) for its ceiling plug, or the American National Standards Institute’s (ANSI) and the National Electrical Manufacturers Association’s (NEMA) vote for the standardization of the Company’s weight-bearing plug and  outlet/receptacle for ceilings, does not guarantee approval by the National Fire Protection Association’s (NFPA) Committee on the National Electrical Code (which consists of multiple code-making panels and a technical correlating committee and develops the National Electrical Code (NEC)) or any other trade or regulatory organization and does not guarantee that any of the Company’s products will become National Electrical Code (NEC)-code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all. There can be no assurance as to any of these matters.  Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:

Lucas A. Zimmerman
MZ North America
(949) 259-4987

 

 



13.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


1440845  13.09.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1440845&application_name=news&site_id=research_pool
EN
13/09/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SKYX PLATFORMS CORP

 PRESS RELEASE

SKYX Reports Record First Quarter 2025 of $20.1 Million Compared to $1...

SKYX Reports Record First Quarter 2025 of $20.1 Million Compared to $18.9 Million for First Quarter 2024 as it Continues to Grow its Market Penetration of its Advanced and Smart Platform Products in the U.S and Canadian Markets Company expects its products to be in 30,000 U.S. and Canadian homes by the end of the Second quarter of 2025. Company is Progressing with Significant Projects and Orders that will Enable it to Become Cash Flow Positive in Second Half of 2025 General and Administrative Expenses Decreased by 17% as Compared to the First Quarter of 2024 and Gross Margin and Gross...

 PRESS RELEASE

SKYX Announces Additional $4 million in Recent Preferred Stock Funding...

SKYX Announces Additional $4 million in Recent Preferred Stock Funding Representing $2 Per Share from Strategic Investors in a Round Totaling $15 million Led by Global Marriott Hotels Chain Owner The Shaner Group MIAMI, May 13, 2025 (GLOBE NEWSWIRE) -- SKYX (NASDAQ: SKYX) (d/b/a "SKYX Technologies"), a highly disruptive advanced and smart home platform technology company for homes and buildings, with more than 97 issued and pending patents globally and a portfolio of over 60 lighting and home décor websites, announced today that it has secured approximately $4 million in recent funding fr...

 PRESS RELEASE

SKYX Announces Corporate Update Call Including New Developments

SKYX Announces Corporate Update Call Including New Developments Company to Provide Corporate Updates Including New Developments, First Quarter 2025 Overview and Financial Results; Conference Call to be Held Wednesday, May 14, 2025, at 4:30 P.M. Eastern Time MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- SKYX (NASDAQ: SKYX) (d/b/a "SKYX Technologies"), a highly disruptive advanced and smart home platform technology company for homes and buildings, with more than 97 issued and pending patents globally and a portfolio of over 60 lighting and home décor websites, announces today that it will host ...

 PRESS RELEASE

SKYX Announces U.S. Manufacturing Partnership with Prominent Electroni...

SKYX Announces U.S. Manufacturing Partnership with Prominent Electronic Manufacturer Profab Electronics Profab Electronics is a High-Quality Manufacturer with Mass Production Capabilities and a 60,000 SQF Manufacturing Facility in Florida MIAMI, April 03, 2025 (GLOBE NEWSWIRE) -- SKYX (NASDAQ: SKYX) (d/b/a "SKYX Technologies"), a highly disruptive advanced and smart home platform technology company for homes and buildings, with more than 97 issued and pending patents globally and a portfolio of over 60 lighting and home décor websites, today announces a strategic manufacturing partners...

 PRESS RELEASE

SKYX Reports 48% Revenue Growth in 2024 — From $58.8 Million in 2023 t...

SKYX Reports 48% Revenue Growth in 2024 — From $58.8 Million in 2023 to $86.3 Million in 2024 Sales of SKYX’s Advanced and Smart Home Related Products Surge Over 1,000%; SKYX Expects its products to be in 20,000 Units/Homes by Q1 2025 and an Additional Tens of Thousands of Units/Homes in 2025 Company Expects Significant Projects and Orders and to Become Cash Flow Positive in Second Half of 2025 SKYX Achieves Revenue Growth in Four Consecutive Quarters for 2024Q1: $19M | Q2: $21M | Q3: $22.2M | Q4: $23.7M Record Sales SKYX’s Safety Code Standardization Team Anticipates Support from Additi...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch