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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.
WISeKey Semiconductors has expanded its North American operations by partnering with Impact Technical Sales, a Massachusetts-based sales representative organization. This strategic agreement aims to enhance the market reach of WISeKey's subsidiary, SEALSQ Corp., specializing in semiconductors and security solutions.
Impact's 24-year legacy in embedded computing will bolster WISeKey's customer access across various sectors such as IoT, AI, and industrial automation. Supported by WISeKey's North American sales team, this partnership positions WISeKey to leverage growing demand for its offerings in the Northeast.
WISeKey has announced the development of WISe.Social, a new authenticated social media platform powered by its< b> WISeID digital identity service. This platform aims to provide a trusted environment for users to share data and ideas without the interference of advertising or data collection. WISe.Social will feature three levels of identity verification, promoting security and trust among users. The service is designed to combat misinformation by integrating identity management with social networking. Limited testing for WISe.Social is set to begin with 10,000 users before its full launch in May 2023.
WISeKey International Holding announced a public filing for a proposed spin-off of its semiconductor business, SEALSQ Corp, through a registration statement on Form F-1 with the SEC. The company plans to distribute 20% of SEALSQ's shares to its shareholders as a partial spin-off. The transaction aims for completion in the second quarter of 2023, contingent on SEC approval and shareholder agreement. SEALSQ focuses on post-quantum computing across various industries. The board believes this spin-off represents a significant opportunity given current market conditions and increasing cybersecurity regulations.
WISeKey International Holding (NASDAQ: WKEY) has announced the deployment of its security chips in IoT devices for Smart Cities at the "Imagination in Action 2023" event in Davos. CEO Carlos Moreira highlighted the significance of post-quantum cryptography in enhancing cybersecurity against threats from quantum computers, with hybrid solutions expected by 2025. WISeKey's semiconductors are integral to securing IoT devices and facilitating NFT authentication on the Blockchain. The security measures proposed include real-time monitoring, automated identity checks, and improved data management to safeguard interconnected city systems.
WISeKey International Holding (WKEY) has announced a collaboration with renowned celebrity designer Bjorn Vandenberg, launching a new line of luxury NFTs on the WISe.ART platform just in time for Valentine's Day. The first collection, Royal Greens, draws inspiration from the opulence of Old Hollywood and features exclusive pieces made with platinum and emerald green highlights. Additionally, Vandenberg will unveil his Night Rider couture collection, incorporating unique high-tech elements. This innovative move marks WISeKey's expansion into the NFT space, aligning with its strategy to build a leading position in the Web3.0 revolution.
WISeKey International Holding Ltd. (NASDAQ: WKEY) has launched eTreeNFT.com, a marketplace that creates sustainable asset-based markets for sequestering CO2. With each eTree NFT purchased, a real tree is planted, contributing to carbon offset efforts. The tokens are linked to actual trees and monitored via WISeSat's low orbit satellites. CEO Carlos Moreira emphasizes that this tokenization allows for tracking and promoting tree growth, while rewarding responsible stewardship. The platform supports multiple blockchains, minimizing transaction costs. Critics raise concerns over the environmental impact of NFTs, but WISeKey argues that the benefits of ecosystem restoration far outweigh these costs.
WISeKey has initiated the QUASARS project, recognizing its innovation with the SCS label. The project focuses on post-quantum cryptography through a newly formed subsidiary, SEALSQ Corp, aimed at developing secure architectures resistant to quantum attacks. The project aligns with the recommendations from ANSSI, France's National Cybersecurity Agency. Furthermore, WISeKey is collaborating with the NIST on bringing trusted IoT solutions to market, leveraging its expertise in semiconductors and cryptographic services. CEO Carlos Moreira emphasized the potential applications spanning various industries.
WISeKey International Holding Ltd. (NASDAQ: WKEY) is collaborating with Blockchain Open4All Malaga to host the CryptoVerse Island NFT exhibition on January 26, 2023. This event precedes the main exhibition in Madrid from May 10-13, 2023, which will feature NFT art and discussions on Blockchain and Web3. The exhibition is designed to connect artists, collectors, and investors, showcasing innovative NFT art on WISeKey's platform, WISe.ART. The focus is on secure digital asset authentication, emphasizing accessibility and technology's role in enhancing art.
WISeKey International Holding Ltd presented progress on its WISeID Metaverse at the Davos 2023 Event on January 18, 2023. The mission is to create a secure, open-source identity engine for interoperable identities and crypto wallets. Collaboration with OISTE.ORG aims to establish best practices in digital identity technology. CEO Carlos Moreira highlighted that digital identities can enhance avatars, enabling user control and secure transactions in the metaverse. The WISeID system offers features like strong authentication, digital signatures, and integration with major standards, aiming to enhance user privacy and autonomy.
WISeKey International Holding Ltd. has partnered with The Hashgraph Association to launch a Trusted NFT solution via its WISe.ART platform built on Hedera. This collaboration aims to enhance the commercial viability of NFTs, integrating them with WISeKey's security technologies and TrustECoin cryptocurrency. The platform provides an authenticated link between digital assets and their physical counterparts, ensuring secure ownership and provenance. CEO Carlos Moreira emphasized the platform's marketplace capabilities and KYC compliance. With Hedera's advanced infrastructure, WISeKey aims to transform the NFT landscape, marrying creativity and security in distributed ledger technology.
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