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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 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.
WISeKey International Holding Ltd (NASDAQ: WKEY) launched TrustedNFT.IO, a platform for verifying NFT ownership using digital certification and blockchain. The platform ensures that the cryptographic key linking the owner to their NFT is securely stored, preventing deletion or duplication. Recently, WISeKey held a luxury watch NFT auction, achieving a bid of 25 ethers (~$50,000) for a digital twin of Jean-Claude Biver's watch. This innovative approach combines trust and technology, marking a significant step in the NFT market.
WISeKey International Holding's subsidiary, Arago, announced the release of its HIRO AI Platform on the SAP Store, integrating with SAP Solution Manager. This platform automates support ticket management, enhancing IT efficiency through AI-driven resolutions.
Key benefits include a reduction in incident ticket volume, cost savings in employee hours, and improved service level agreement compliance. This partnership aims to strengthen businesses' digital transformation initiatives, offering competitive advantages in the tech landscape.
WISeKey and Jean-Claude Biver are hosting the world's first luxury watch NFT auction, extending the bidding period until April 30, 2021. The auction features the digital twin of the Bigger Bang All Black Tourbillon Chrono ‘Special piece’ watch, with current bids reaching 25 ethers (~$50,000). This digital twin aims to ensure certified ownership and authenticity, marking a significant development in luxury watch sales and digital identification technology.
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