SKYX Platforms Corp. announced a business update, including the issuance of five new utility patents in the U.S. and international markets including Canada, Mexico and Hong Kong for its related smart plug-and-play products including a ceiling fan with a heater and recessed light. The five additional patents announced are in addition to the three issued patents that were announced two weeks ago - which brings the Company's intellectual property portfolio to a total of 77 issued and pending patents, 23 of which are issued patents covering SKYX's advanced and smart technologies.

Business Update: The Company continues to enhance the market penetration of its ceiling outlet receptacle as well as smart and standard plug & play ceiling products. SKYX files for a mandatory safety standardization with the National Electrical Code (NEC) for its ceiling outlet receptacle for ceilings in homes and buildings. SKYX's code team has submitted significant supporting data regarding hazardous incidents that occur due to electrical wire installations including fires, ladder falls, electrocutions, injuries, and deaths caused due to hazardous wire installations.

After years of rigorous standardization progress, SKYX's code team and management strongly believe that it has met the necessary safety conditions and has significant supporting data for a compelling case for its ceiling outlet receptacle to become a mandatory safety standardization for ceilings in homes and buildings. In a market of hundreds of millions of installations, a mandatory safety standardization of SKYX's ceiling outlet would eliminate the need to touch hazardous wires in the ceiling during installation. The last major mandatory safety code change for homes and buildings by the National Electrical Code (NEC) was the GFCI (GFI), the safety outlet receptacle for bathrooms and kitchens.