- SKYX Platforms Corp. (SKYX, Financial) has expanded its patent portfolio to over 100 patents and applications, with 45 patents issued.
- The new patents cover strategic markets including the U.S., India, Japan, and key European countries.
- The company targets a Total Addressable Market (TAM) of over $500 billion in the smart home industry.
SKYX Platforms Corp. (SKYX) announced the issuance of eight new patents across a variety of regions, including the United States, India, Japan, the United Kingdom, France, Germany, Italy, and Spain. This expansion bolsters SKYX's intellectual property portfolio to over 100 patents and pending applications, with 45 of these patents fully issued.
The company's comprehensive patent portfolio encompasses advanced technologies in areas such as plug & play smart home platforms, AI capabilities, ecosystem integration, home safety sensors, ceiling fan & heater innovations, and lighting solutions.
In alignment with its strategic objectives, SKYX highlights a significant Total Addressable Market (TAM) of over $500 billion. This positions the company as a key player in the smart home, electrical, lighting, and ceiling fan sectors. The broadened scope and geographical diversification of patents also provide robust protection for SKYX's innovations, creating potential for lucrative licensing and partnership opportunities.
