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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 Ltd. (NASDAQ: WKEY, SIX: WIHN) announces its Investor Day will feature a metaverse holograminar on December 13, 2021, at Nasdaq MarketSite in NYC. The event aims to showcase the integration of MyWISeID digital signatures and secure communication technology. Presentations will highlight recent business developments and financial highlights. WISeKey aims to provide secure digital identity services leveraging blockchain technology. A hybrid format allows for both in-person and virtual attendance.

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WISeKey announced the readiness of its IoT picosatellites, WISeSat-1 and WISeSat-2, for launch aboard the SpaceX Falcon 9 in January 2022. These satellites are essential for providing global secure IoT connectivity and have successfully passed all testing. Developed in partnership with FOSSA Systems, these low-power picosatellites will enhance data collection from terrestrial sensors, thereby optimizing industrial processes and asset management. WISeKey aims to offer this technology to IoT clients through a SaaS model, broadening communication in remote regions.

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WISeKey is set to launch a new series of NFTs on its WISe.ART platform starting December 2021. The platform aims to provide a secure digital brand building alternative for corporations and luxury item owners with features like proof of ownership and provenance. Key updates include the operational status of the marketplace, reinforced IP and NFT patent ecosystem, and partnerships with Polygon for NFT solutions. The marketplace will allow high-value items such as historical art and sports cards to be auctioned, supported by KYC processes to ensure authenticity and security.

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WISeKey Files Patent Application for Authenticatable NFTs

WISeKey filed a patent for a “System and Method for Providing Persistent Authenticatable NFT” in the USA. This method enhances NFTs' value and ensures authenticity over time. The patent addresses challenges in maintaining NFT information beyond blockchain capabilities, enhancing long-term value. CEO Carlos Moreira emphasized that this application could bolster the NFT ecosystem's legitimacy. The company's technology is positioned to improve trust in digital transactions, particularly in the expanding NFT marketplace.

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WISeKey International Holding Ltd (NASDAQ: WKEY) has partnered with SUNx to promote a climate-friendly WISe.Art NFT platform. This initiative aligns with the UN Sustainable Development Goals and the Paris Climate Agreement, highlighted during the COP26 conference. The platform will integrate features for art, luxury goods, and collectibles, ensuring safety and sustainability in transactions. WISeKey's technology will provide authentication and ownership verification for both digital and physical assets.

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WISeKey has enhanced its WISeID digital identity technology by allowing users to mint their digital identities as NFTs on the trustednft.io marketplace. This innovation, supported by a partnership with Polygon, provides users control over their identity information, enabling them to create, sign, and verify identity claims. The platform aims to facilitate safe identity services in the Metaverse, benefiting individuals, corporations, and government institutions. WISeKey's technology underpins secure transactions and interactions in this evolving digital landscape.

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WISeKey International Holding Ltd. (NASDAQ: WKEY) announced that CEO Carlos Moreira was interviewed by Steve Bannon to discuss his bestselling book, The transHuman Code. The conversation focused on the balance between technological innovation and human values, emphasizing the importance of a human-centric approach to technology. Moreira noted that the global pandemic highlighted the need for collaboration in technology development, urging for actionable steps to ensure that technology enhances rather than undermines human existence.

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WISeKey International Holding Ltd. (NASDAQ: WKEY; SIX: WIHN) announced an Investor Day on December 13, 2021, at Nasdaq MarketSite. This hybrid event will facilitate both in-person and virtual attendance, with pre-registration required. Key topics include recent business developments, financial results, and a growth strategy for 2022. The agenda features management presentations, a product showcase, and a Q&A session. Additionally, one-on-one meetings and a cocktail reception will be held on December 14, followed by participation in the Imperial Capital Security Investor Conference on December 15.

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WISeKey has launched a White-Label Trusted NFT Marketplace platform, enhancing its NFT development business segment. This platform offers rapid deployment with an initial cost of $250,000, significantly lower than traditional platforms that can exceed millions in setup fees. The White-Label service includes continuous monitoring, cybersecurity, and identity management. Developers can customize the platform using various technologies like Polygon and Ethereum. This initiative aims to cater to the growing demand for secure and easy-to-use NFT marketplaces.

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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 $9.9 as of December 24, 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 96.9M.

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

96.92M
9.79M
0.89%
0.25%
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