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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.

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WISeKey International Holding Ltd (NASDAQ: WKEY) has announced the integration of advanced digital security solutions into commercial drones. This technology enhances the security, authenticity, and efficiency of drone operations across industries. The WISeKey VaultIC4xx series ensures secure connections and protects data integrity, certified to high security standards. The demand for secure drone operations is growing, particularly among public safety and defense sectors. This initiative positions WISeKey favorably in the expanding drone market, which faces increasing regulatory oversight.

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WISeKey International Holding Ltd has partnered with IoTeX to enhance manufacturing integrity through secure semiconductors and blockchain technology. Announced on September 28, 2020, this collaboration aims to ensure the authenticity and quality of manufacturing processes. By integrating secure hardware with blockchain, they provide immutable traceability and verifiable trust across various industries. A key use case is a blockchain-enabled 3D printer, showcasing the comprehensive tracking of input and process authenticity. The solution will be demonstrated in enterprise forums.

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WISeKey has partnered with ClinIQ Inc to use the VirusIQ platform for secure COVID-19 health screening, telemedicine, and diagnostics. This collaboration aims to generate over $2 million in revenue for WISeKey in 2021 and open new market opportunities in healthcare. The WIShelter SafePass will leverage both WISeID and VirusIQ technologies to provide secure medical services and data access. The initiative supports businesses in reopening during the pandemic, focusing on user privacy and security.

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WISeKey has opened an Artificial Intelligent of Things (AIoT) Laboratory in Meyreuil, France, focusing on enhancing IoT security. The facility integrates AI, IoT, and Cybersecurity to assess networked devices' security, employing 30 dedicated staff. The lab complies with ISO 27001 certification, offering services like IoT security assessment and penetration testing. WISeKey aims to leverage its extensive experience to attract high-profile clients in the IoT cybersecurity sector, facilitating innovation and reducing operational costs.

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WISeKey International Holding (NASDAQ: WKEY) has launched an upgraded version of its INeS Security Broker, enhancing the secure verification of credentials for IoT devices using PKI technologies. The upgraded platform supports functionalities such as activation, revocation, and update management for IoT devices. Notably, WISeKey integrates AI with IoT through its AIoT initiative, enhancing operational capabilities for sectors like automotive, healthcare, and smart cities. The ecosystem currently connects over 1.6 billion IoT devices and is positioned for growth with the advent of 5G technology.

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WISeKey has been selected by Digital Diagnostics AG to secure its digid cantisense™ SARS-CoV-2 test. This revolutionary test allows for immediate on-site COVID-19 antigen testing, yielding results in five minutes. The partnership positions WISeKey to capitalize on the growing AIoT market in healthcare, projected to generate over $10 million in revenue in 2021. The integration of AI and IoT technologies enhances data processing and real-time monitoring capabilities, paving the way for innovative healthcare solutions.

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WISeKey to Present at H.C. Wainwright Conference

WISeKey International Holding Ltd. (NASDAQ: WKEY) announced that Carlos Moreira, CEO, will present at the H.C. Wainwright Annual Global Investment Virtual Conference on September 16, 2020, at 9:30 am ET. Virtual one-on-one meetings will also be available for investors. Interested parties can register for the presentation at this link. An archived version will be available on WISeKey's website.

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WISeKey has partnered with arago to develop a unique AI-based risk management system aimed at mitigating COVID-19 risks while safeguarding individual privacy. This solution integrates WISeKey's cybersecurity with arago's data management, allowing enterprises to assess risk and manage employee health confidentiality. With a focus on GDPR compliance, the platform supports safe operational recovery. The collaboration leverages AIoT technologies to enhance data processing, automation, and security across an extensive network of over 1.6 billion IoT devices.

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WISeKey International Holding Ltd. (NASDAQ: WKEY) will release its first half 2020 financial results on Tuesday, September 8, 2020. The CEO, Carlos Moreira, and CFO, Peter Ward, will host a conference call at 3:00 p.m. CET / 9:00 a.m. ET to discuss results, recent developments, and growth initiatives. A Q&A session will follow. Interested participants can dial in or access the call via webcast on the company's website. WISeKey is a global cybersecurity company specializing in IoT and digital identity ecosystems.

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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 $2.14 as of September 13, 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 20.7M.

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

20.74M
3.37M
2.24%
0.46%
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