Wisekey Internat Stock Price, News & Analysis

WISeKey International Holding (NASDAQ: WKEY) announced a metaverse holograminar for its Investor Day on December 13, 2021, at Nasdaq MarketSite, NYC. The event will feature the integration of MyWISeID digital signatures with hologram technology to enhance secure communications and transactions. WISeKey's NFT platform ensures authenticated digital identities and enables users to control their information-sharing preferences. The hybrid event includes management presentations on recent developments and a product showcase, with participation from industry partners like Parrot and CasperLabs.

WISeKey International Holding has announced the launch of the Mister Bitcoin NFT by renowned artist Pedro Sandoval during Art Basel Miami Beach week. This NFT will be auctioned from January 17 to 21, 2022, on the WISe.ART platform, which focuses on luxury goods and high-end collectibles. The NFT represents a virtual asset linked to a physical sculpture. The auction utilizes WISeKey's security technology to ensure authenticity and ownership. The company continues to enhance its digital identity services and aims to provide innovative funding opportunities for artists.

WISeKey has established a strategic partnership with Luminaries21.com and OISTE.ORG Foundation to develop high-level NFTs for Good. This collaboration aims to create NFTs associated with social causes, in line with the United Nations' sustainable development goals. The initiative focuses on building a metaverse for world leaders and celebrities to promote humanitarian efforts. The partnership will leverage WISeKey's advanced technology to enable secure digital identity and NFT transactions, enhancing fundraising for global social initiatives.

WISeKey International Holding Ltd (NASDAQ: WKEY) announced a revenue guidance of $20 million for full year 2021, marking a 32% increase compared to 2020. This growth is attributed to new customer acquisition and a 20% contribution from AI revenue. As of November 19, 2021, the company reported a robust cash position of over $37 million, enabling investments in cybersecurity and IoT initiatives. Key developments include advancements in decentralized digital identity solutions and a partnership for NFT blockchain applications.

WISeKey has renewed its supply agreement with HID Global, part of ASSA ABLOY, to provide smart card reader chips for healthcare applications. In 2022, WISeKey will supply high-end chips for the OMNIKEY® product range, enhancing security in access management across various industries. The smart card market is projected to grow significantly, reaching $16.9 billion by 2026, driven by the demand for secure identification technologies. WISeKey's advanced semiconductor solutions and long-standing relationship with HID Global position it well in this expanding market.

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.

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.

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.