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 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.
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.
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.
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.
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.
WISeKey International Holding Ltd (NASDAQ: WKEY) will present 'The Code to Metaverse' at Davos on May 25, 2022, in collaboration with NBC. This event will comprise workshops and discussions focused on the intersection of technology and humanity. The company will also host the 2022 WISeKey Outstanding Achievement Awards to honor impactful innovations in the tech industry. The roundtable will foster dialogue on ethical technology governance, featuring various industry leaders. WISeKey has established itself as a cybersecurity pioneer, focusing on secure identity management and IoT integration.
WISeKey presented its Metaverse technologies at the Building Better Worlds China global conference, focusing on the potential of Web 3.0. CEO Carlos Moreira highlighted how WISeID technology enables secure digital identities in the Metaverse. The presentation addressed crucial topics like the improvement of life through NFTs, innovation in Web3, self-regulation in the industry, and the development of decentralized finance. The event featured notable panelists from Tencent and Alibaba. A follow-up discussion will take place at Davos on May 25.
WISeKey International Holding Ltd announced key items for shareholder approval at its 2022 AGM scheduled for June 24, 2022. The proposals include the re-election of current board members and the election of new members. The Board recommends a renewal and increase of authorized share capital and conditional share capital, affecting Class B Shares and Class A Shares. The company will also seek approval for the 2021 Annual Report and financial statements, alongside voting on the 2021 compensation report. Shareholders will vote electronically due to COVID-19 restrictions.
WISeKey International Holding Ltd will host the 2022 Cybersecurity Tech Accord gathering in Davos, focusing on the role of cybersecurity in the digital economy amidst the ongoing war in Ukraine. The event will include discussions on hybrid warfare and multistakeholder cooperation in cyberspace. Esteemed speakers include Brad Smith from Microsoft and Alissa Starzak from Cloudflare. This networking event is part of the Cybersecurity Tech Accord, a commitment by over 150 tech companies to enhance cybersecurity standards.
WISeKey International Holding Ltd (NASDAQ: WKEY) reported unaudited Q1 2022 revenue of $4.9 million, marking a 4% increase year-over-year. The company ended the quarter with a robust cash position of $25 million. The IoT business segment saw a notable 15% growth, totaling $3.8 million compared to $3.3 million in Q1 2021. Despite facing semiconductor supply chain challenges, WISeKey's backlog surged by over 170% year-over-year. CEO Carlos Moreira emphasized ongoing demand for IoT products and plans for significant investments in new technology and production capacity.
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