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WISeKey International Holding AG American Depositary Shares - WKEY STOCK NEWS

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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.

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WISeKey International Holding announced the minting of two emblematic NFTs from space during the FT Investing in Space Summit held in London on June 9, 2022. Collaborating with Casper Networks and leveraging the WISeSat constellation, this initiative enhances secure telecommunication for NFT authentication. The NFTs are historic, featuring a sustainable project based on solar technology and significant cultural artifacts valued over $100 million. This advancement in IoT and blockchain aims to revolutionize supply chain management and optimize productivity across various industries.

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WISeKey announced a new secure supply chain management product integrating IoT devices, satellite technology, and blockchain. This innovation leverages picosatellites for effective communication and the Casper blockchain for secure transaction processing. The technology enables real-time tracking of goods, enhancing logistics efficiency by providing critical data on environmental conditions and geo-location. The integration of WISeKey's security chips allows for the authentication and tracking of objects via NFTs, contributing to enhanced security in supply chains for critical goods.

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WISeKey International Holding Ltd announced the launch of 7 new WISeSat FOSSA secured satellites in cooperation with FOSSA Systems, establishing one of Europe’s largest IoT constellations. This expands their constellation to 13 satellites, enhancing WISeKey's capabilities in secure IoT connectivity. The WISeSat satellites facilitate affordable satellite communications for remote applications such as agriculture and maritime shipping. WISeKey offers a SaaS model for its IoT clients, featuring advanced security and data management solutions through its INeS platform.

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WISeKey International Holding Ltd (NASDAQ: WKEY; SIX: WIHN) has launched an interactive multi-media platform called The Code to The Metaverse at the Davos event. This platform, introduced by CEO Carlos Moreira and David Fergusson, builds on their previous work, The transHuman Code. Highlighting the expansion of the Metaverse beyond gaming, the project aims to engage participants in a 3D virtual realm, showcasing insights from Metaverse pioneers. WISeKey emphasizes the importance of human-centric technology as the Metaverse evolves, aiming for safe and respectful engagement.

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WISeKey has successfully generated the first-ever NFT from space during the Davos event, utilizing its WISeSat satellite system. This milestone involved minting the NFT on the WISe.ART Marketplace with data captured in La Linea, Spain. The company aims to enhance IoT capabilities by connecting satellites directly to devices, ensuring secure NFT authentication. Furthermore, WISeKey's patented method promises to ensure the authenticity and long-term value of NFTs. The firm offers these innovations to clients through a SaaS model, enhancing security in the IoT landscape.

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WISeKey International Holding Ltd launched its Trusted Identity Metaverse at Davos, emphasizing a human-centric approach designed for Web 3.0. The initiative aims to unite blockchain leaders and innovators, enhancing user autonomy in identity verification through its WISeID technology. The metaverse allows users to navigate using identity avatars and provides strong authentication and digital signature services, facilitating secure online transactions. WISeKey aims to integrate their technology with corporate applications, ensuring secure identity management without relying on third parties.

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WISeKey announced its participation in Davos 2022, collaborating with multiple organizations to promote global efforts towards Sustainable Development Goals (SDGs). The WISe.ART team showcased a secured NFT marketplace, emphasizing environmental sustainability and community engagement. A unique NFT crafted by artist Pedro Sandoval will be offered on loan, revolutionizing art investment. The event included discussions about NFTs and the Metaverse, raising awareness and funds for supported NGOs. WISe.ART aims to create a safe and vibrant community for collectors while managing the NFT's future.

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WISeKey International Holding (NASDAQ: WKEY) has been appointed by the Wi-SUN Alliance to deliver PKI-based security services for its 300+ consortium members across 46 countries. This partnership is centered around the deployment of the INeSTM Certificate Management Solution, aimed at enhancing security for IoT applications. WISeKey's expertise in managing large PKI ecosystems will support millions of IoT devices, crucial for applications like smart utilities and smart cities. The initiative is expected to expand WISeKey's business opportunities significantly.

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WISeKey International Holding Ltd (NASDAQ: WKEY) announced that CEO Carlos Moreira will present at the H.C. Wainwright Global Investment Conference on May 24, 2022, at 7:00 am ET. The presentation will be available on demand, and management will engage in virtual meetings from May 24 to May 26. Investors can register for the event at the conference website.

WISeKey focuses on cybersecurity, blockchain, AI, and IoT, with over 1.6 billion IoT microchips currently deployed across various sectors.

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WISeKey announced enhancements to its INeS IoT Device Management Platform, aimed at automating device and certificate management, integrating seamlessly with major cloud services like Azure IoT Hub, AWS IoT, and Google Cloud IoT.

The solution is designed for scalability and security, supporting multitenancy and remote credential management. With IoT device management services projected to exceed $36.8 billion by 2026, WISeKey positions itself as a key player in this growing market.

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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 $2.09 as of November 22, 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 18.8M.

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

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WKEY Stock Data

18.80M
9.79M
0.89%
0.15%
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