STOCK TITAN

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.

Rhea-AI Summary

WISeKey announced on March 22, 2022, a new two-factor authentication (2FA) service to enhance cybersecurity for users. This step allows subscribers to replace traditional usernames and passwords, improving protection for accessing PCs, emails, and critical applications. Offered via the WISeID platform, users can create accounts with free services and opt for additional paid cybersecurity features. The service aligns with governmental recommendations for stronger cybersecurity defenses, aiming to minimize risks associated with digital transactions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.55%
Tags
none
-
Rhea-AI Summary

WISeKey International Holding Ltd. has launched the fully operational WISe.ART 2.1 NFT Marketplace, featuring over 100 artists and enhanced functionalities for NFT transactions. The platform offers a secure environment for art collectors and creators to connect their cryptocurrency wallets for seamless purchasing and listing of NFTs. The launch coincides with WISeKey's partnership with the Crypto Art Island event in Gibraltar, showcasing innovative NFT art. The platform's tokenization method aims to maintain NFT value through robust security measures.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

WISeKey International Holding has entered a strategic partnership with Synergy Quantum to enhance cybersecurity solutions through post-quantum encryption. This collaboration aims to develop two-factor authentication for the financial services sector using WISeKey's semiconductors combined with Synergy Quantum's encryption technologies. The partnership seeks to leverage India's emerging semiconductor ecosystem, backed by substantial government investment, to establish a foothold in quantum security technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.25%
Tags
partnership
Rhea-AI Summary

WISeKey has launched its WISeID cybersecurity platform, providing free access to individuals and companies to enhance protection of digital assets. This initiative aims to reduce cybersecurity risks and offers features like secure email communication, document signing, dual-factor authentication, and cloud storage. The WISeID service is available as a freemium model, allowing users to upgrade for additional features. Compliance with EU regulations enhances its appeal, particularly in fostering digital sovereignty.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
none
-
Rhea-AI Summary

WISeKey has launched its first NFT from space, featuring exclusive photography by Brooke Shields, during the Mobile World Congress 2022. The NFT, minted on the Casper blockchain, assures authenticity by linking it to the original physical photograph. This significant achievement in the NFT sector allows for verified ownership and provenance, leveraging WISeKey's satellite technology for enhanced security. Brooke Shields has partnered with MAKE International for her NFT project, showcasing a potential for industrial applications connecting satellites to IoT devices for NFT authentication.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
none
-
Rhea-AI Summary

WISeKey International Holding Ltd (NASDAQ: WKEY) has announced that CEO Carlos Moreira will ring the Nasdaq opening bell on March 3, 2022. The event will celebrate the company’s expansion in North America and its achievements since launching Pico Satellites with SpaceX. WISeSat.Space satellites are successfully connecting with IoT devices for NFT authentication. The listing of American Depositary Shares on Nasdaq since December 2019 has enhanced visibility and liquidity for WISeKey's stock. The ceremony will be broadcast live from Nasdaq MarketSite in New York City.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
none
Rhea-AI Summary

WISeKey has expanded its WISe.ART NFT Marketplace by adding a new collection from Spanish artist Pedro Sandoval, following a successful sale of one of his works for EURO 170,000. The platform now supports multiple blockchains, including Ethereum, Polygon, and CasperLabs, enhancing interoperability and scalability. WISe.ART aims to establish itself as a leader in the Web3.0 space and facilitate connections between NFT buyers and sellers through a secure platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.32%
Tags
none
-
Rhea-AI Summary

WISeKey launched its upgraded WISeID Cloud Storage service at the Mobile World Congress. This service allows users to securely store and share confidential documents in the cloud, based in Switzerland and the EU. The upgraded cloud storage aims to enhance digital security and data sovereignty, aligning with EU initiatives to reduce reliance on non-European technology. The service is compliant with the EU New Data and Cloud Alliance, emphasizing WISeKey's commitment to digital sovereignty and secure cloud solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.09%
Tags
none
-
Rhea-AI Summary

WISeKey has appointed David Khalifa as Vice-President of Global Sales, effective immediately. With over 30 years of experience in the semiconductor industry, Khalifa previously held leadership roles at major companies such as STMicroelectronics and NXP. His expertise in sales and marketing will support WISeKey's global expansion strategy, particularly in the cybersecurity and IoT sectors. CEO Carlos Moreira highlighted Khalifa's ability to drive profitable growth across diverse markets. Khalifa expressed enthusiasm for contributing to the company's growth and seizing market opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
management
Rhea-AI Summary

WISeKey International Holding Ltd (NASDAQ: WKEY) announced the successful sale of a unique NFT titled 'Mona Lisa, Marilyn with Cheetas,' created by artist Pedro Sandoval, in collaboration with Duran Subastas. The sale, which included both the NFT and physical art, fetched euros 170,000. This transaction showcases WISeKey's expertise in NFTs, emphasizing their WISe.ART platform that ensures the provenance and authenticity of digital assets through blockchain technology. WISeKey also filed a new patent for enhanced NFT minting to preserve its integrity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
none

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

WKEY Rankings

WKEY Stock Data

18.80M
9.79M
0.89%
0.15%
Semiconductors
Technology
Link
United States of America
Zug