SKYX To Launch Patented SKYFAN & Turbo Heater At Lowes, Expects Strong 2026 Growth And Path To Cash-Flow Positive

Management Anticipates Significant Growth in Lowes Channel During 2026

Driven by Strong Demand, SKYX Expects Additional Winter Launches with Other Leading U.S. Retailers and Big-Box Chains

Management Expects its Ceiling SKYFAN & Turbo Heater to Generate Significant Revenue During this Winter and throughout Fiscal Year 2026

The Company Anticipates that the Turbo Heater Launch Will Advance its Path to Cash-Flow Positive

The Ceiling Fan and Space Heater Categories Represent a Multi-Billion-Dollar Annual Market, with Tens of Millions of Units Sold Each Year in North America

MIAMI, Jan. 21, 2026 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a SKYX Technologies) (the "Company" or "SKYX"), a highly disruptive smart home platform technology company with over 100 pending and issued patents globally and 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced it will launch its newly patented all-in-one ceiling plug & play SKYFAN & TURBO HEATER at U.S. leading retailer Lowes. Management anticipates significant growth in its Lowes business during 2026.

The innovative product—combining a ceiling fan with a built-in turbo heater—offers a safer, more efficient alternative to traditional space heaters and addresses a large year-round market opportunity across both winter and summer seasons. The combined ceiling fan and portable heater category is a multi-billion-dollar market, with tens of millions of units sold annually in North America.

In response to strong demand, SKYX intends to offer the product in six colors to serve both residential and commercial markets. Production is now underway with the Company's manufacturing partners, and SKYX expects to continue its broad rollout in Q1 2026 to align with the winter season.