SKYX Platforms Corp. (NASDAQ:SKYX) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET

Company Participants

Rani Kohen - Founder and Executive Chairman
Steve Schmidt - President
Len Sokolow - Co Chief Executive Officer
Marc Boisseau - Chief Financial Officer
Khadija Mustafa - Senior Tech Advisor

Conference Call Participants

Jack Aarde - Maxim Group

Operator

Good day and welcome to the SKYX Platforms Corp. First Quarter 2024 Investor Update Call. Today's webinar is being recorded.

Before we begin the formal presentation, I'd like to remind everyone that statements made on the call and webcast, including those regarding future financial results and industry prospects, are forward-looking and may be subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the call. Please refer to the company's SEC filings for a list of associated risks, and we would also refer you to the company's website for more supporting industry information.

At this time, I would like to turn the webinar over to Rani Kohen, Executive Chairman of SKYX Platforms Corp. Sir, please go ahead.

Rani Kohen

Thank you, Ilyisa. Thank you everyone for joining us to our Q1 update call 2024. We will have today opened the call is our President, Steve Schmidt, and we will have then our CEO, Len Sokolow, we will also have our CFO, Marc Boisseau and we are going also have our Senior Smart Home and AI Advisor, Khadija Mustafa, former AI and Business Global Leader for Microsoft, she joined us last year as we got a few patents related to smart home and AI.

Thank you very much for everyone to joining here and I'll pass it to Steve Schmidt. Thank you, Steve.

Steve Schmidt

Rani, thank you very much and my pleasure to be with you here this afternoon. As we've shown you before in the past, we've got a very strong leadership team. We feel very good about both the management team, our board, Governor Tom Ridge, former Head of Homeland Security and governor of Pennsylvania, Bob Nardelli, former Home Depot CEO and Chrysler, Lance Shaner representing Marriott, and Eric Jacobson has joined us from the American Lighting Association.

And we've been through this, Mark Earley also from the National Electric Code, obviously are all key executives that we rely on every single day to run the company. And then as Rani had just said, Khadija Mustafa is going to join us later on the call because of really the importance around AI and everything that's going on in the world. And the importance it is to SKYX as an overall company. As we've talked to you before, really, there's two key points I want to make here. First of all, our mission really is we believe that based on everything that's happening at SKYX, we are positioned to revolutionize both the lighting and smart home industries and become a safety standard in homes and buildings in the U.S. and globally. And as we've spoken before, our products significantly do four things. We save lives, we save cost, we save time, and we simplify. And many companies have had success simply with one of these areas.