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WISeKey International Holding AG American Depositary Shares - WKEY STOCK NEWS

Welcome to our dedicated page for WISeKey International Holding American Depositary Shares news (Ticker: WKEY), a resource for investors and traders seeking the latest updates and insights on WISeKey International Holding American Depositary Shares stock.

WISeKey International Holding AG (NASDAQ: WKEY) is a global leader in cybersecurity, digital identity management, and the Internet of Things (IoT) solutions. The company specializes in providing advanced security technologies for data protection, secure identification, and authentication across physical infrastructures, networks, and the internet, ensuring secure communications and e-transactions without compromising trust.

WISeKey operates through several distinctive subsidiaries, each contributing uniquely to its expansive technology portfolio:

  • SEALSQ Corp: Focuses on semiconductors, Post-Quantum technology, and provisioning services. Recent investments include the development of quantum-ready semiconductors and the establishment of an Open Semiconductors Assembly and Test (OSAT) Center.
  • WISeKey SA: Specializes in Public Key Infrastructure (PKI) management and cryptographic root keys, which are essential for secure digital communications and transactions.
  • WISeSat.Space: Focuses on cost-effective satellite deployments through picosatellites, contributing to sectors like agriculture, logistics, and environmental monitoring.
  • WISe.ART: Operates in the NFT space and has recently partnered with Hedera to enhance the WISe.ART platform for secure NFT transactions.

WISeKey's innovations are central to the increasingly connected digital ecosystem, providing secure digital identities for individuals, groups, organizations, and communities globally. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. Trusted by the OISTE/WISeKey cryptographic Root of Trust, the company ensures the integrity of online transactions between objects and people.

In 2023, WISeKey achieved significant financial growth, driven by its diversified business model and strategic investments in emerging technologies like blockchain, AI, and IoT. The company continues to expand its footprint with new projects such as the Low Orbit satellite initiatives, upcoming semiconductor personalization centers, and innovations in digital identity and cybersecurity solutions.

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SEALCOIN AG, a subsidiary of WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY), has received confirmation regarding its SEALCOIN TIOT token classification from FINMA, the Swiss Financial Market Authority. The token is classified as a hybrid token with both utility and payment functionalities, requiring no specific license for issuance and utilization. The company plans to register with a Self-Regulated Organization (SRO) in compliance with Anti-Money Laundering Act. The TIOT token is designed to facilitate secure IoT transactions, enable decentralized payments, and support real-time data exchanges and energy trading within IoT ecosystems.

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WISeKey's subsidiary, WISeSat.Space, has been featured on Swiss Radio Television, highlighting its upcoming satellite launch in January 2025. The mission will demonstrate the first-ever exchange of SEALCOIN from space, utilizing WISeKey's security solutions and the Hedera network. This groundbreaking initiative aims to establish proof-of-concept for space-based cryptocurrency transactions and showcase ultra-secure communication technologies for critical infrastructure. The project represents a significant advancement in combining blockchain with satellite technology, positioning Switzerland at the forefront of aerospace and cybersecurity innovation.

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WISeKey (NASDAQ: WKEY) has announced the launch of SEALPhone, a next-generation Web3 secure smartphone designed for crypto applications and enhanced security, scheduled for release in Q2 2025. The device builds upon WISePhone's 2017 blockchain-enabled phone, featuring advanced encryption protocols, secure storage, and integration with SEALCOIN, WISeKey's cryptocurrency.

Key features include a Trusted Platform Module (TPM) for cryptographic security, WISeID digital identity support for qualified digital signatures, verified boot protection, and a proprietary app store. The phone operates on WISeKey's secure OS, removing all Google applications backdoors and third-party tracking. The SEALPhone will be showcased at the WISeKey Davos Event in January 2025.

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WISeKey's subsidiary SEALCOIN AG has launched SEALCOIN.AI website, marking progress toward its Decentralized Physical Internet (DePIN) platform development. The platform, built on Hedera Hashgraph technology, aims to enable secure IoT transactions. Key features include device tokenization, non-custodial wallets, and online authentication certificates. A Beta release as MVP on Hedera TestNet is expected in Q1 2025, followed by production release and token issuance in mid-2025. The platform plans to list its token on digital exchanges by Q3 2025.

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WISeKey's subsidiary WISe.ART announces support for Ylan Anoufa's MINDREAMER exhibition, premiering November 13 at Geneva's Gallery Re Source. The exhibition, running until February 10, 2025, will feature Anoufa's iconic AnoufaBear and urban pop art pieces. The initiative combines physical and digital art, incorporating SEALSQ VaultIC155 semiconductor technology for authentication. The exhibition includes live performances, NFT artwork releases, and educational workshops for children. Proceeds from art sales will benefit Anoufa's childhood education foundation. The artist, named Artist of the Year at the WISe.ART Excellence Awards in Davos, will also participate in upcoming events including Art Basel Miami.

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WISeKey's subsidiary WISeSat.Space announces the launch of its next-generation satellite in mid-January 2025. The launch features advanced picosatellites equipped with SEALSQ semiconductor technology and WISeKey's cryptographic keys, designed to provide secure IoT connectivity and climate monitoring capabilities. The satellites incorporate Quantum-Resistant cryptographic keys and focus on creating a European-based, neutral satellite constellation to ensure data sovereignty. The technology supports various applications including environmental monitoring, disaster management, smart agriculture, and industrial IoT solutions, while emphasizing low power consumption and cost-effectiveness.

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WISeKey and its subsidiary SEALSQ unveiled a new phase in e-voting technology, integrating post-quantum cryptography and artificial intelligence to enhance digital voting security. The system combines several key technologies including post-quantum cryptography through SEALSQ's chips for quantum attack resistance, blockchain-enabled transparency for decentralized verification, and AI-powered threat detection for real-time security monitoring. Additional features include advanced biometric voter authentication, adaptive encryption, predictive analytics, and automated vote integrity verification. The solution aims to provide governments and institutions with secure, transparent, and efficient electoral processes.

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WISeKey (NASDAQ: WKEY) has launched an enhanced version of its INeS AI Security Broker solution, integrating Artificial Intelligence with Public Key Infrastructure technologies. The solution manages IoT devices and business applications with end-to-end protection, featuring seamless integration with IoT platforms, AI-powered insights for pattern recognition, and proactive threat management. The system streamlines digital certificate management while reducing security risks and operational failures. Key features include automatic pattern recognition from sensor data, anomaly detection, and predictive analytics for vulnerability identification.

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WISeKey has signed Convertible Notes Subscription Agreements worth up to $30 million with institutional investors. The company will initially issue convertible notes of $2.5 million, with rights to request additional tranches of $1.25 million per investor. The notes have a 12-month maturity and are convertible into WISeKey Class B Shares at the lower of a fixed price or 94% of the lowest 10-day VWAP. The funding will support the company's cybersecurity business, WISeSat.Space's low-orbit satellite constellation project, SEALSQ's post-quantum semiconductors launch in 2025, and SEALCOIN's development with a second Proof of Concept planned for January 2025.

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WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY) announced that the OISTE Foundation, in collaboration with WISeKey, is the Gold Sponsor of the Vargas Llosa Chair's IV Annual Conference titled 'A Gathering for Culture in Freedom'. This partnership reaffirms their commitment to defending human rights in the digital environment.

The OISTE Foundation, established in 1998, focuses on ensuring human rights are respected both online and offline. It shares common values with the Vargas Llosa Chair in promoting freedom of expression and democratic principles. OISTE led a workshop on 'Matching the Speed of the Running Code: Public Awareness and Digital Identity Management' to raise awareness about online privacy risks and digital identity management.

WISeKey, as a global leader in cybersecurity and digital identity, supports OISTE's mission to promote secure electronic communications and protect individual privacy rights online.

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FAQ

What is the current stock price of WISeKey International Holding American Depositary Shares (WKEY)?

The current stock price of WISeKey International Holding American Depositary Shares (WKEY) is $1.97 as of November 20, 2024.

What is the market cap of WISeKey International Holding American Depositary Shares (WKEY)?

The market cap of WISeKey International Holding American Depositary Shares (WKEY) is approximately 19.1M.

What does WISeKey International Holding AG do?

WISeKey specializes in cybersecurity, digital identity management, and IoT solutions, providing advanced security technologies for data protection and secure identification.

What are the main business segments of WISeKey?

WISeKey operates through SEALSQ Corp, WISeKey SA, WISeSat.Space, and WISe.ART, each focusing on specific aspects like semiconductors, PKI management, satellite communications, and secure NFT transactions.

What recent projects has WISeKey undertaken?

Recent projects include the development of quantum-ready semiconductors, satellite deployments, and enhanced NFT platforms through partnerships like the one with Hedera.

How does WISeKey contribute to digital security?

WISeKey provides secure authentication and identification solutions for IoT, Blockchain, and AI applications, ensuring the integrity of online transactions and secure communications.

What is the WISeKey Root of Trust?

The WISeKey Root of Trust is a cryptographic foundation that ensures secure online transactions and communications, trusted by browsers, mobile devices, and IoT devices globally.

What are some strategic initiatives by WISeKey?

Strategic initiatives include expanding semiconductor personalization centers, developing quantum-resistant technologies, and leveraging satellite technology for secure communications.

What role does WISeKey play in the IoT sector?

WISeKey secures digital identity ecosystems for IoT applications, deploying over 1.6 billion microchips to protect users, devices, data, and transactions in the internet-connected world.

Where can I find more information about WISeKey’s financial performance?

WISeKey's financial performance details can be found in their filed reports with the Securities and Exchange Commission (SEC) and on their official website under the Investor Relations section.

How is WISeKey advancing in the NFT space?

WISeKey’s NFT platform, WISe.ART, is enhancing its capabilities through strategic partnerships, providing secure blockchain-based transactions and fostering a growing community of artists.

What future growth opportunities does WISeKey foresee?

Future opportunities include expanding into new markets with Low Orbit satellite projects, developing innovative cybersecurity solutions, and capitalizing on the growing demand for secure IoT semiconductors.

WISeKey International Holding AG American Depositary Shares

Nasdaq:WKEY

WKEY Rankings

WKEY Stock Data

19.09M
9.79M
0.89%
0.15%
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