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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.
WISeKey International Holding Ltd has appointed Pierre Maudet as its new Chief Digital Transformation Officer, effective immediately. Maudet, a former Swiss politician with over 20 years of experience, is expected to enhance the company’s initiatives in artificial intelligence and digital transformation. His previous roles included Mayor of Geneva and key positions in digital strategy development. The appointment aims to strengthen WISeKey’s leadership in the AI space and drive its digital transformation strategy globally.
WISeKey International Holding Ltd. (WKEY) reported its FY 2020 audited financial results, revealing total revenues of $14.8 million, down from $22.7 million in 2019. The decrease was attributed to COVID-19 and geopolitical tensions. However, a 32% reduction in G&A expenses to $10.7 million, alongside a strong cash position of $21.8 million, supports future growth initiatives. The company is strategically positioned for revenue growth through its acquisition of a controlling interest in arago, enhancing its AI capabilities and targeting the emerging AIoT market.
WISeKey International Holding (NASDAQ: WKEY) unveiled its WIShelter SafePass app, which integrates a trusted vaccination digital certificate verification process. This app scans paper vaccination certificates, creates secure QR codes, and ensures user privacy. It enables access control to facilities like airports and concert halls. The app will also support upcoming Digital Vaccination Passports for EU citizens starting in June. WISeKey's encryption technology safeguards health documents, complying with GDPR. The app aims to facilitate pandemic management while ensuring users' data privacy and security.
WISeKey International Holding Ltd has announced the agenda for its 2021 Annual General Meeting (AGM) set for May 25, 2021. Due to COVID-19, shareholders can only vote electronically or via written instructions. Key proposals include the re-election of board members and the renewal of authorized share capital, with the issuance of up to 21.5 million Class B Shares. The company seeks approval for the 2020 compensation report, discharge of management from liability for 2020 activities, and the 2020 Annual Report including financial statements.
WISeKey has partnered with Lexing Switzerland to launch an auction for the Non-Fungible Token (NFT) of the Swatch Space Shuttle STS – 75, commemorating the first Swatch wristwatch in space. Scheduled for May 18, the event will connect the historic watch with an orbiting satellite, generating a digital identity for it via a WISeKey Microchip. This marks a pioneering integration of NFT technology in the space sector, enhancing asset authentication and ownership validation through patented digital certification methods.
WISeKey announced that CEO Carlos Moreira will present unique NFT technologies at the H.C. Wainwright Cryptocurrency, Blockchain & Fintech Conference on April 27. The conference will showcase the TrustedNFT.IO platform for buying and selling prestigious NFTs. Scheduled for 7:00 AM ET, the presentation highlights the company's innovative approach combining blockchain, digital identity, and provenance technology. WISeKey also plans to launch NFT auctions for various products and services, promoting sustainability and charitable initiatives.
WISeKey International Holding Ltd (NASDAQ: WKEY) has partnered with SUNx to launch the world’s first “Earth Watch” NFT auction on April 22, 2021, coinciding with Earth Day. The auction features a unique Earth Swatch watch designed by climate activist Maurice Strong, with proceeds benefiting sustainable development and climate resilience initiatives. The auction will last until June 5, 2021, and participants can acquire a digital twin of the watch, ensuring certified ownership and authenticity.
WISeKey has partnered with Jacob & Co to auction the Astronomia Sky, a luxury watch represented as an NFT. This collaboration follows successful auctions of the first digital twin of a watch and a unique NFT inspired by Jacob & Co's Epic SF24. WISeKey's technology secures authenticity using microprocessors and blockchain, protecting over 2.5 million luxury watches. The Astronomia Sky features advanced complications including zodiac signs and a Jacob-Cut® diamond Moon, aiming to further revolutionize the watch industry.
WISeKey International Holding Ltd and CasperLabs have announced a strategic partnership to launch TrustedNFT.IO, a secure NFT marketplace on the Casper Network. The partnership aims to enhance trust in NFTs, with the first major auction scheduled for Summer 2021. Utilizing a unique Trust Protocol, the platform promises secure transactions for artwork and luxury goods. This initiative is positioned as an environmentally friendly solution, leveraging Casper’s Proof-of-Stake architecture to facilitate a higher volume of transactions while minimizing energy consumption.
WISeKey is enhancing its semiconductor manufacturing capabilities to meet escalating demand, particularly due to the ongoing semiconductor shortage. The company is experiencing a significant order backlog while investing in supply chain transformation for better service. As a fabless firm, WISeKey relies on subcontractors for chip production, necessitating supply chain improvements amid rising book-to-bill ratios. Despite challenges, the company's secure chips are crucial for protecting IoT and consumer devices against cyber threats.
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