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 International Holding (NASDAQ: WKEY) announced its participation in the 23rd Annual H.C. Wainwright Global Investment Conference from September 13-15, 2021. CEO Carlos Moreira will present virtually on September 13, starting at 7:00 a.m. ET. The company will also hold one-on-one meetings with investors. Registration for the conference is open, and a webcast of the presentation will be available online. WISeKey operates in cybersecurity and IoT, boasting over 1.6 billion microchips deployed across various sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
Tags
conferences
-
Rhea-AI Summary

WISeKey International Holding has announced a new feature for its WISe.ART platform, allowing in-App purchases of Non-Fungible Tokens (NFTs). This update follows Apple's new strategy to simplify access for app developers to external content stores. The platform aims to enhance secure NFT sales and proof of ownership through advanced security features like digital signatures. WISeKey collaborates with CasperLabs and Ocean Protocol to strengthen its multichain strategy and support the launch of the TrustECoin token.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.28%
Tags
none
-
Rhea-AI Summary

WISeKey and FOSSA Systems introduced WISeSat at the International Cybersecurity Forum (FIC) 2021, enhancing IoT connectivity through secure, cost-effective satellite technology. The picosatellite aims to support large-scale IoT deployments across sectors like agrotech, energy, and logistics. The first two WISeSats will launch on a SpaceX Falcon 9 in late 2021 or early 2022, providing a SaaS model for secure communications. The collaboration also includes developing secure sensors and gateways integrated with VaultIC® for enhanced data security.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.44%
Tags
none
Rhea-AI Summary

WISeKey has appointed Carlo Schüpp as the new Chief Operating Officer, effective immediately. Schüpp brings over 30 years of experience in digital business leadership, previously serving as CEO of Scaled Access and EMEA Practice Leader at Deloitte. His expertise spans industries including IoT and cybersecurity. WISeKey's CEO, Carlos Moreira, expressed confidence in Schüpp's ability to drive growth and operational efficiency. Schüpp aims to enhance revenue generation and streamline processes across the organization, focusing on fostering growth among the executive team and employees.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.83%
Tags
management
-
Rhea-AI Summary

WISeKey International Holding Ltd. (NASDAQ: WKEY) is set to showcase its cybersecurity solutions at the International Cybersecurity Forum (FIC) in Lille, France, from September 7-9, 2021. The company aims to assist the European Union in achieving a 20% share of global semiconductor production, with its current installation of over 1.6 billion chips across various IoT sectors. WISeKey's microcontrollers have received Common Criteria EAL5+ Certification and ISO 27001:2013 compliance, ensuring robust cybersecurity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
none
-
Rhea-AI Summary

WISeKey announced a partnership with CasperLabs, which is now part of the AWS Marketplace. This collaboration allows developers on the Casper Network to deploy node infrastructures and design private networks for product testing more easily. WISeKey's WISe.ART NFT platform, launched on September 1, 2021, will leverage Casper's blockchain for securing digital twins of valuable objects. Both companies aim to set a new standard in NFT transactions with a focus on security and environmental sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.28%
Tags
none
Rhea-AI Summary

WISeKey announces collaboration with Polygon to launch the WISe.ART NFT platform in September 2021. This partnership aims to provide Trusted NFTs solutions, capitalizing on Polygon's ability to offer low transaction fees and a sustainable Proof-of-Stake consensus mechanism. WISe.ART will facilitate trading NFTs using WISeKey's TrustECoin cryptocurrency, ensuring user anonymity while adhering to KYC processes. The platform was preceded by market tests of high-value NFTs and is secured using WISeKey's authentication technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
none
-
Rhea-AI Summary

WISeKey International Holding (NASDAQ: WKEY) announced its collaboration with GDGC Enterprises to auction a Kobe Bryant autographed Black Mamba NFT package on its WISe.Art platform. This auction, starting at $1,008,240, features a limited edition 18K rose gold Black Mamba watch, a signed sneaker, and custom digital artwork. The auction will go live on September 20, 2021. WISe.Art aims to provide a secure marketplace for luxury NFTs, ensuring proof of ownership and sustainability compliance. The platform is set to launch on September 1, 2021, following successful test auctions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.29%
Tags
none
-
Rhea-AI Summary

WISeKey announced the commercial launch of its WISe.Art NFT platform for high-value luxury items and collectibles, set for September 1, 2021. This follows successful test auctions of NFTs starting in April 2021, including significant pieces like the Hublot Bigger Bang watch. The platform incorporates features like provenance, proof of ownership, and smart contracts aimed at enhancing monetization streams for buyers and creators. Partnerships with CasperLabs and Ocean Protocol support its multichain strategy, while Green NFT ensures carbon neutrality.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.47%
Tags
none
Rhea-AI Summary

WISeKey International Holding reported a 24% revenue increase in H1 2021, totaling $9.9 million. The company is on track to achieve $22 million in revenue for full-year 2021, a 45% increase year-over-year. Successful acquisition of arago GmbH strengthens AI and IoT capabilities, with total investment reaching $9.8 million. Cash reserves increased to $38.5 million as of June 30, 2021. The firm anticipates a strong $250 million revenue pipeline for 2022-2027, driven by advancements in cybersecurity and IoT technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
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