1. SKYX plans to launch SKYFAN & TURBO HEATER in Canada this winter. 2. Strong demand expected from Canadian and U.S. retail markets. 3. Management anticipates significant revenue through fiscal year 2026. 4. Ceiling fan and space heater categories represent a multi-billion-dollar market. 5. Launch aims to achieve cash-flow positivity and enhance customer value.
FAQ
Why Bullish?
The anticipated revenue growth from a unique heating solution is promising, especially in winter-heavy markets like Canada. This aligns with historical patterns where new product innovations can lead to increased market interest and stock performance.
How important is it?
The article highlights a new product launch which directly relates to SKYX’s revenue generation goals and market strategy.
Why Short Term?
The launch is timed for the winter season, likely yielding immediate sales advantages. Historical precedents show seasonal products can boost stock prices quickly as sales begin.
Related Companies
SKYX Platforms Corp. Launches Innovative SKYFAN & TURBO HEATER in Canada
MIAMI, Dec. 10, 2025 (GLOBE NEWSWIRE) — SKYX Platforms Corp. (NASDAQ: SKYX), a forward-thinking tech company with over 100 patents worldwide, has announced its entry into the Canadian market with its newly patented SKYFAN & TURBO HEATER. The product will be available through SKYX's Canadian e-commerce websites and additional platforms, marking a significant step in the company’s growth strategy.
Significant Market Opportunity
Given the harsh Canadian winters, management anticipates a robust market for the SKYFAN & TURBO HEATER, forecasting substantial revenue generation starting this winter and continuing through fiscal year 2026. The combined category of ceiling fans and portable heaters represents a multi-billion-dollar annual market in North America, with tens of millions of units sold each year.
- Winter season product launch expected to align with revenue growth.
- The ceiling fan and space heater market is estimated in the billions annually.
- Production has commenced, with rollout planned for Q4 2025 and Q1 2026.
Innovative Design and All-in-One Solution
The SKYFAN & TURBO HEATER is an innovative product that combines a ceiling fan with a built-in turbo heater, providing a safer and more efficient alternative to traditional space heaters. This unique design addresses year-round comfort and energy efficiency for both residential and commercial markets.
To meet strong consumer demand, SKYX will offer the product in six color options, appealing to varied aesthetic preferences. According to Huey Long, CEO of SKYX’s eCommerce Platform Belami, the introduction of this product represents an entirely new category of ceiling heater-fans, enhancing comfort and design in Canadian households.
Future Projections and Strategic Outlook
Founder and Executive Chairman Rani Kohen stated, “We are experiencing great interest in our turbo heater and ceiling fan from both Canadian and U.S. markets. This product is a testament to our commitment to innovation and safety, and we believe it will add significant value for our customers and stakeholders.”
With plans for additional winter product launches with leading U.S. and Canadian retailers, including big-box chains, SKYX is well-positioned to leverage the anticipated demand in the heating category. This launch is expected to enhance the company’s path to cash-flow positivity.
About SKYX Platforms Corp.
SKYX is dedicated to making homes and buildings safer, smarter, and more efficient through its proprietary technologies. With over 100 patents and applications, the company offers a range of innovative solutions for both retail and commercial segments.
For more information, visit SKYX's website or follow us on LinkedIn.
Forward-Looking Statements
This release contains forward-looking statements that reflect SKYX's current expectations and projections about its future results and performance. Various risks and uncertainties could cause actual results to differ from projections, including product launch success and market acceptance. For more details, refer to our filings with the U.S. Securities and Exchange Commission.