Business
SKYX Signs Agreement with World Leading Architect Product Material Supply Company, Material Bank, with Over 100,000 Customers
A Major Step to Enhance Market Penetration into Professional SegmentsSKYX Will Now Market Its Ceiling Smart Plug and Play Platform Products to Builders,
About this update from Skyx Platforms Corp.
[{"type":"text","content":"A Major Step to Enhance Market Penetration into Professional SegmentsSKYX Will Now Market Its Ceiling Smart Plug and Play Platform Products to Builders, Designers and 96,000 Architects Through Material Bank and SKYX's 64 Lighting and Home Décor WebsitesMIAMI, FL / ACCESSWIRE / September 5, 2023 / SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a \"Sky Technologies\"), a highly disruptive smart platform technology company with more than 60 issued and pending patents globally and 64 lighting and home décor websites with a mission to make homes and buildings become safe and smart as the new standard, announced today that it has signed an agreement with Material Bank, a world leading architect product material supply company with over 100,000 customers.Material Bank is a world leading technology and product logistics company with logistics hubs based in the U.S. and worldwide. Its customers include leading architects, designers, and builders for both commercial and residential segments. Material Bank connects architects, designers, and builders to company's products, as well as provides products and material samples to professional segments worldwide.Going forward, SKYX expects to continue enhancing market penetration and to leverage similar relationships in order to accelerate growth and disrupt the U.S. lighting and smart home industries.SKYX has recently started to integrate its smart plug & play platform products into a variety of its 64 websites and intends to bolster its reach through Material Bank's strong network of builders, designers, and architects. Additionally, SKYX will market its technology to 96,000 architect members of the American Institute of Architects (AIA) - which included SKYX in its continuing education program for architects as part of their required annual architectural license renewal process.Some of the leading websites that include SKYX's smart plug and play products are 1stoplighting.com, Lightingdesignexperts.com, Canadalightingexperts.com, Americanlightingstore.com, Homeclick.com, and Lunawarehouse.com among others.Steve Schmidt, President of SKYX Platforms, said: \"This is another strategic step for enhancing our market penetration. Accelerating our market penetration with our smart plug and play products is key, as we expect it to result in future recurring revenues from smart and standard fixture replaceme...