SKYX Platforms Profile
SKYX Platforms Corp. provides a series of highly disruptive advanced-safe-smart platform technologies, with over 60 U.S. and global patents and patent pending applications.
The company’s technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. The company’s products are a necessity in every room in both homes and other buildings in the U.S. and globally.
Products
The company’s products are designed to improve all around home and building safety and lifestyle. While the company has developed and created working prototypes of its advanced and smart products, the company is continuing to refine the product prototypes and expects that all advanced and smart products will be commercially available during 2023.
The Weight Bearing Power-Plug
The company’s first patented technology was the Power-Plug, a weight bearing power plug that acts as a safe and quick installation device, designed for plug and play installation of weight bearing electronics, such as light fixtures, ceiling fans and other electrical products, into ceiling electrical outlet boxes.
The company’s patented technology consists of a fixable socket and a revolving plug (the Power-Plug) for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket consists of a non-conductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The Power-Plug, which consists of a non-conductive body that houses corresponding conductive rings, attaches to the socket via a male post and can feed electric power to an appliance. The Power-Plug also includes a second structural element allowing it to revolve with a releasable latch that, when engaged, provides a retention force between the socket and the Power-Plug to prevent disengagement. The socket and Power-Plug can be detached by releasing the latch, disengaging the electric power from the Power-Plug. The socket is designed to replace the support bar incorporated in electric junction boxes, and the Power-Plug can be installed in light fixtures, ceiling fans, wall sconce fixtures and other electrical devices and products. Once installed, the socket can remain affixed to the junction box, enabling any electronic fixture installed with the Power-Plug to be connected and/or removed in seconds.
Advanced Products
Sky – Universal Power-Plug & Receptacle: The company’s universal plug and play Sky Plug & Receptacle technology consists of two devices. The first device is a male Power-Plug Retrofit Kit, which can be easily embedded in the base of light fixtures and ceiling fans. The second device is a Ceiling Receptacle, which can be connected to a ceiling outlet box. After a one-time installation of the Ceiling Receptacle to a ceiling outlet box, a light fixture or ceiling fan that includes the Power-Plug Retrofit Kit can be plugged into the Ceiling Receptacle within seconds. The Universal Power-Plug & Receptacle should contribute to the elimination of hazardous incidents in homes and buildings, including ladder falls, electric shock/electrocutions, fires, injuries, and deaths, etc.
Smart Products
SkyHome App: The company’s proprietary SkyHome Application works with both iPhones and Android phones. The SkyHome App controls products through WIFI and BLE and is designed to control the company’s products through additional communication methods as needed. The SkyHome App controls various products, features and specifications, including scheduling, controlling, voice control, safety features, security features, lifestyle features, sound, lights, dimming, emergency back-up battery and much more.
Sky Smart – Universal Power-Plug & Receptacle: The company’s Sky Smart Plug & Receptacle system contains two devices. First, the male Smart Power-Plug, which includes a smart electronic board, comes as a Retrofit Kit, that can be simply embedded to the base of light fixtures and ceiling fans, enabling them to become both Plug and Play and Smart. The second device is a Ceiling Receptacle that can be simply connected to a ceiling outlet box. After a one-time simple installation of the Ceiling Receptacle to a ceiling outlet box, a light fixture or ceiling fan that includes the male Smart Plug Retrofit Kit can be plugged into the Ceiling Receptacle within seconds. The company’s Smart Power-Plug is controlled by its proprietary SkyHome App or through voice control and is an open system that can integrate with other smart home devices and systems. The company’s Smart Power-Plug is connected through WIFI and BLE, and includes numerous smart features, including scheduling, energy saving-eco mode, dimming, back-up emergency light, night light, light color changing and more. The Smart Universal Power-Plug & Receptacle should contribute to the elimination of hazardous incidents in homes and buildings, including ladder falls, electric shock/electrocutions, fires, injuries, and deaths, etc.
Sky – Smart Plug and Play Ceiling Fans: The company’s line of high-end smart plug and play ceiling fans can be installed to its matching ceiling receptacle within seconds. The company’s smart ceiling fans incorporate advanced technologies, have unique modern designs, and are controlled by its proprietary SkyHome App or through voice control, and are an open system that can integrate with other smart home devices and systems. The company’s Smart Plug and Play Ceiling Fan is connected through WIFI and BLE, and includes numerous smart features, including scheduling, energy saving-eco mode, dimming, back-up emergency light, night light, light color changing and more. The Smart Plug and Play Ceiling Fan should contribute to the elimination of hazardous incidents in homes and buildings, including ladder falls, electric shock/electrocutions, fires, injuries, and deaths, etc.
Sky – Smart Plug and Play Lighting: The company’s line of high-end Smart Plug and Play light fixtures can be installed to its matching ceiling receptacle within seconds. The company’s smart light fixtures incorporate advanced technologies, have unique modern designs, and is controlled by its proprietary SkyHome App or through voice control, and are an open system that can integrate with other smart home devices and systems. The company’s smart light fixture is connected through WIFI and BLE, and includes numerous smart features, including scheduling, energy saving-eco mode, dimming, back-up emergency light, night light, light color changing and more. The Smart Plug and Play Lighting should contribute to the elimination of hazardous incidents in homes and buildings, including ladder falls, electric shock/electrocutions, fires, injuries, and deaths, etc.
Sky – All-In-One Smart Sky Platform: The company’s patented advanced-safe-smart home platform technologies will make homes and buildings safe, have numerous technological features and smart as a standard, in a fraction of time and cost, compared to other market products. The company’s all-in-one Smart Sky Platform is designed to enhance the all-around safety and lifestyle of homes and buildings and can be easily implemented and installed to the ceiling receptacle in both existing and new homes and buildings within minutes. The company’s Smart Sky Platform includes distinctive advanced smart and safety technologies, has unique modern designs and is controlled by its proprietary SkyHome App or through voice control. It is an open system that can integrate with other smart home devices and systems.
The company’s Smart Sky Platform is connected through WIFI and BLE, includes numerous smart and safety features, including a smart smoke detector, a smart carbon monoxide detector, time scheduling, temperature sensor, humidity sensor, WIFI extender, energy saving-eco mode, high quality speakers, back-up battery that can power back-up internet and an emergency light, as well as dimming, night light, light color changing and more. The platform’s electrical power and transformer, combined with the size of the company’s platform’s data storage space, which represents vast electronic Real-Estate in terms of technology, driven by microchips, enables the platform to accommodate a significant amount of software, as well as electronic microchips, while the unique ceiling location of the platform significantly enhances the performance of the platform’s features, including WIFI and BLE.
The Smart Sky Platform is inconspicuous to the décor. It is designed to install over existing ceiling electrical outlet boxes while allowing any pre-existing fixture to reconnect to the same box utilizing the company’s Retrofit Kits. This innovation gives the company access to the best location for the gathering and distribution of electronic signals, virtually unlimited power for its low-voltage safety and smart features, and a vast amount of electronic real estate.
This open-system Smart Sky Platform is intended to seamlessly integrate unrelated safe and smart products into a single, spatially designed unit whose functionality is controlled by an all-in-one app, the SkyHome App.
The Smart Sky Platform’s location on the ceiling significantly advances smart home products’ performance, including the speed and range of both WIFI and Bluetooth, as well as the performance of sensors and alarms.
The adoption of the Smart Sky Platform should contribute to the elimination of hazardous incidents in homes and buildings, including ladder falls, electric shock/electrocutions, fires, carbon monoxide poisonings, injuries, and deaths, etc.
Installation takes only minutes and fixtures previously hung from that location can still be plugged into the Smart Sky Platform.
Cyber Security
The company has implemented measures and protocols to ensure that its users’ information is safe and fully protected. The company uses high level of cyber security measures and protocols to ensure that its software, technologies, servers, products, platform, and devices are all protected to prevent any type of unauthorized or illegal access or interference to its software, technologies, servers, products, platforms, and devices.
The company’s products, platforms and devices communicate over MQTT and are encrypted over Transport Layer Security, with each individual product, platform and device having its own set of certificates, keys, and universally unique identifiers, which ensures that each device can only communicate with its own topic.
The company’s solutions are designed in a way that the user will need to conduct a restricted set of permissions, thus minimizing the risk of unwanted users gaining control over other locations.
Intellectual Property
The company protects its intellectual property through various aspects and strategies, including broad and particular intellectual property claims. The company has over 60 U.S. and global patents and patent applications, including in China, India, and Europe, as well in other countries around the world. These patents and patent applications protect different aspects of the company’s technologies. The company sought intellectual property protection of its technologies in China due to its manufacturing operations and prospective sales in China’s market, and it sought protection in India in anticipation of future growth into India’s developing market, both with respect to the sales of its products and its potential operations. As of December 31, 2022, in the U.S., the company owned seven issued patents, which expire from 2036 to 2038, and six pending or published but not yet issued patents, and outside of the U.S., the company owned eight issued patents, which expire from 2026 to 2039, and 46 pending or published but not yet issued patents. The company intends to diligently maintain and vigorously defend the intellectual property of Sky Technologies, and to enhance its patent protections actively and continuously in the U.S. and globally.
The issued patents are directed to various aspects the company’s platform technologies, including its smart and standard plug and play products, as well as its safe and smart platform technologies. Additionally, the company has submitted 10 trademark applications, seven of which have been issued and three of which are pending.
GE - General Electric Agreements
The company has two U.S. and global agreements with GE related to its products.
The first agreement is a U.S. and Global Trademark Agreement dated June 15, 2011 (as later amended) (sometimes referred to as the License Agreement), which expires November 30, 2023 and is generally renewed for five-year periods. Pursuant to such agreement, the company may use the GE brand logo on certain products, including plug and play smart and standard ceiling fans and the company’s standard and smart plug and play devices. The company has exclusive U.S. and global rights, including Canada, Asia, Europe, China, Australia, New Zealand and India, subject to a mutually agreed to commercialization plan, to market plug and play smart and standard ceiling fans and the company’s standard and smart plug and play devices under the GE brand.
The second agreement is a U.S. and Global Licensing and Master Service Agreement dated June 14, 2019. The agreement expires on June 14, 2024 and includes automatic renewal provisions. Pursuant to such agreement, GE’s licensing team has the rights to exclusively license the company’s Standard and Smart plug-and-play products in the U.S. and worldwide.
On June 15, 2011, the company entered into the License Agreement with GE, pursuant to which it has the right to market certain ceiling light and fan fixtures displaying the GE brand. The company and GE subsequently amended the License Agreement, including on April 17, 2013, August 13, 2014, September 25, 2018, May 2019 and December 1, 2020. The License Agreement imposes certain manufacturing and quality control conditions that the company must maintain to continue to use the GE brand.
On August 13, 2014, the company entered into a second amendment to the License Agreement pertaining to its royalty obligations.
Business Strategy
The company’s business strategy is to enhance safety and advance smart living lifestyle in homes and other buildings.
Following commercial launch of its advanced and smart products, the company plans to educate retail and commercial consumers about its products through a coordinated public relation campaign that will cover the safety aspects of its products and all the related hazardous incidents and property damage that its products can prevent, including ladder falls, electric shock/electrocutions, fires, carbon monoxide poisonings, injuries, deaths and more.
The company will also educate on all its advanced smart technology features. The company’s estimates of the addressable market for its products may prove to be incorrect.
Lead and Seed Strategy: The company expects to lead by selling its highly disruptive line of products through a variety of channels, as well as seed its products through licensing to various industries.
Lead Through Direct Sales: The company expects to sell its products through various representatives to online customers, builders, rental properties, hotels, big box retail, OEM customers and more. The company expects to sell its products to personal consumers primarily through direct sales via its website, to large retailers, distributors and dealers, and through warehouse programs. The company plans to rely primarily on product distribution arrangements with third parties and expects that its multi-channel sales strategy will evolve and expand in the future. The company expects its primary customers to be retail consumers, retail showrooms, builders residential/commercial, hotels, OEM and licensing.
Seed Through Licensing: After its public relation campaign and the company’s official product launch, it expects to license a variety of its standard and smart products to companies in various industries, including electrical companies, lighting and ceiling fan companies, as well as smart home companies. The company intends to expand its sales and marketing operations and activities and intends to build strong customer relationships and expand its brand awareness.
As part of its sales campaign, the company intends to use online channels and may also utilize social media influencers. As part of the launch of certain products, the company has allowed, and may in the future allow customers to pre-order prior to general availability. The company’s future revenue streams may also include data aggregation and subscriptions.
Product Usage
The company’s products and technologies can be used in new and existing homes and buildings, including by builders, rental properties, hotels, cruise ships, elder living facilities, schools, hospitals, offices, commercial, and retail. The company provides a one-year full performance warranty on all its products, as well as part replacements. The company intends to provide extended warranty coverage plans in the future.
Government and Environmental Regulation
The company uses UL (Underwriters Laboratories) as its main third-party Nationally Recognized Testing Laboratory safety laboratory.
The company has obtained FCC (Federal Communications Commission) certification on applicable products to ensure electromagnetic interference compliance.
History
The company was founded in 2004. It was incorporated in the state of Florida in 2004. The company was formerly known as Safety Quick Lighting & Fans Corp. and changed its name to SQL Technologies Corp. in 2016 and then to SKYX Platforms Corp. in June 2022.
