Welcome to our dedicated page for Wisekey Internat news (Ticker: WKEY), a resource for investors and traders seeking the latest updates and insights on Wisekey Internat stock.
WISeKey International Holding AG (WKEY) is frequently in the news for developments at the intersection of cybersecurity, digital identity, IoT, and space-based infrastructure. As a Swiss-based holding company with subsidiaries in secure semiconductors, PKI and Root of Trust services, nanosatellite connectivity, blockchain NFTs, and decentralized physical internet concepts, WISeKey regularly issues updates that reflect its multi-layered technology platform.
News about WISeKey often highlights activities at its subsidiaries. SEALSQ Corp, which focuses on semiconductors, PKI, and post-quantum technology products, appears in announcements related to post-quantum secure chips, cryptographic hardware, and collaborations that address emerging quantum-era security risks. WISeSat, the group’s space technology arm for secure satellite communication, is a frequent subject of press releases covering nanosatellite launches, partnerships with launch providers, and initiatives to build quantum-resilient IoT connectivity from space.
Investors following WKEY can also expect coverage of corporate actions and strategic transactions. Recent communications include plans to redomicile from Switzerland to the British Virgin Islands, as well as a Business Combination Agreement to publicly list WISeKey’s WISeSat.Space subsidiary through a merger with Columbus Acquisition Corp, a special purpose acquisition company. These items appear alongside updates on quantum-focused investment initiatives and ecosystem partnerships with government and defense organizations.
This news feed aggregates such company-issued announcements, regulatory-related communications, and other market-moving items connected to WISeKey and its symbol WKEY. Readers can use it to monitor developments in WISeKey’s cybersecurity, post-quantum cryptography, satellite connectivity, blockchain NFT, and DePIN activities, and to track how the group executes its strategy of building trusted, quantum-resilient digital ecosystems.
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.
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.
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.
WISeKey's subsidiary WISeSat is set to conduct its second Proof of Concept (PoC) for SEALCOIN in January 2025, coinciding with the launch of a new generation of WISeSat satellites. This PoC will demonstrate SEALCOIN's ability to facilitate decentralized transactions in the Internet of Things (IoT) ecosystem by transacting tokens via satellites to IoT devices.
The new satellites will feature enhanced capabilities to support machine-to-machine (M2M) transactions from space. This follows a successful first PoC in August, which validated M2M transactions within a terrestrial framework. The SEALCOIN platform uses Decentralized Ledger Technology (DLT) to ensure secure, transparent, and tamper-proof exchanges, aiming to create a scalable Transactional IoT (t-IoT) infrastructure.
WISeKey has announced the upcoming launch of its enhanced WISePhone.CH 2025 Edition, set for release in Q2 2025. This new version builds upon the original 2017 model, which was the first secure blockchain phone for enterprise-grade protection of digital communications. The 2025 Edition promises significant advancements in security and performance, featuring:
- A comprehensive suite of new features to protect individual and IoT device data using blockchain technology
- Advanced encryption and secure storage for superior privacy and security
- Pre-loaded WISeKey security solutions, including WISeID and WISeTalk
- Integration with SEALCOIN, WISeKey's proprietary cryptocurrency and blockchain platform
- An integrated crypto wallet and Hardware Security Module (HSM)
- Support for SuisseID Digital Identity for qualified cloud-based digital signatures
- WISeID feature for securing digital assets and personal data in an encrypted enclave
- WISeAccess multi-factor authentication system
WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY) has announced plans to initiate an awareness campaign for a major semiconductor fabrication facility (fab) project in Switzerland. The project aims to enhance Switzerland's self-reliance in chip production and position it as an emerging semiconductor hub. Key points:
1. The project will start with a mini fab and gradually expand over 10 years.
2. Initial investment for a mini fab ranges from $100 million to $1.5 billion.
3. The fab will reduce Switzerland's dependence on semiconductor imports.
4. It will create jobs, attract investments, and foster innovation in the technology sector.
5. WISeKey, through its subsidiary SEALSQ Corp (Nasdaq: LAES), offers expertise in semiconductors and post-quantum technology.
The project aims to strengthen Switzerland's technological sovereignty, contribute to economic growth, and enhance global supply chain resilience in the semiconductor industry.
WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY) has announced its unaudited financial results for H1 2024 and updates on strategic business initiatives. Key highlights include:
- Revenue of $5.2 million for H1 2024
- Cash balance of $26.3 million as of June 30, 2024
- $2.9 million invested in R&D for new projects and technologies
The company is focusing on post-quantum computing, satellite communications, and secure IoT transactions. WISeKey anticipates improved performance in H2 2024, with a strong pipeline of opportunities valued at over $71 million. Strategic initiatives include expanding semiconductor production, launching new satellites, and developing SEALCOIN for machine-to-machine transactions.
SEALCOIN AG, a subsidiary of WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY), has announced the final timeline for its SEALCOIN project. Key milestones include:
- Successful Proof of Concept on July 25, 2024
- $2 million pre-seed investment raised in mid-2024
- Upcoming FINMA application submission
- Platform development launched in Q3 2024
- Expected platform production release and token issuance in mid-2025
- Targeted digital exchange listing by Q3 2025
The highly anticipated whitepaper will be released in October 2024, detailing the platform's technical architecture, governance model, and tokenomics. A Beta Version of the SEALCOIN Platform and Token will be released on Hedera's TestNet in Q1 2025 as an MVP, with full production release set for Summer 2025.
WISeKey International Holding (SIX: WIHN, NASDAQ: WKEY) announced OISTE.org's participation in the Summit of the Future at the UN Headquarters in New York. OISTE, with special consultative status at ECOSOC, engaged in discussions on digital identity and human rights in the digital age. The summit adopted the 'Pact for the Future', aiming to reshape multilateral governance and address global challenges.
OISTE emphasized the need for a decentralized approach to AI, advocating for systems that align with local legislations and prioritize individual freedoms. The foundation highlighted concerns about AI control concentration among tech giants and stressed the importance of diverse AI systems respecting national laws and future international norms.
WISeKey (NASDAQ: WKEY) and OISTE.ORG are set to participate in the 2024 Clinton Global Initiative (CGI), showcasing innovative technologies for providing secure digital identities to underserved communities worldwide. Building on their 2006 CGI commitment, the organizations will introduce WISe.ART, a philanthropy-driven digital art marketplace combining cybersecurity, digital identity, and blockchain expertise.
WISe.ART offers a secure platform for artists, buyers, and collectors, ensuring the provenance and authenticity of digital art. It serves as a fundraising tool for charities and foundations, leveraging blockchain and digital art to drive social change. Notable organizations like the Red Cross, UN, and Vatican are already recognizing its potential.
This initiative builds upon WISeKey and OISTE.ORG's previous efforts, including the WISEID.com Digital Identification Infrastructure launched in 2006. Their participation in CGI 2024 reaffirms their commitment to advancing digital inclusion and creating a more secure, connected world for all.