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.
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.
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.
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.
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.
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.
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.
WISeKey International Holding reports growing demand for its WISeID identity and data protection solutions amid shifting work behaviors due to COVID-19.
The company emphasizes the need for secure electronic interactions, noting businesses are adapting processes historically reliant on paper to electronic formats.
New features like WISeID Cloud and CloudSign enhance security and legal validity for remote document management.
As organizations embrace semi-remote work, WISeKey's technology supports their digital transformation efforts.
WISeKey and iStorage have partnered to enhance data security in remote work environments, responding to increased cybersecurity risks due to COVID-19. Their collaboration aims to integrate WISeKey’s secure microprocessors with iStorage’s certified data storage solutions, providing robust protection against data breaches. This partnership is especially relevant as 74% of companies are expected to maintain remote work post-pandemic. iStorage's products meet high-level security certifications, further strengthening the data protection landscape for organizations.
WISeKey and ARHT Media announced a partnership to launch a Trusted HoloPresence Investor Meeting at NASDAQ in Times Square on November 17, 2020. This collaboration integrates WISeKey's authentication technology to enhance security for holographic meetings, crucial for sectors like financial services that require strict compliance. The initiative aims to conduct meetings without physical contact, reducing environmental impacts and improving efficiency by minimizing travel. This partnership could broaden market opportunities for both companies.
FAQ
What is the current stock price of WISeKey International Holding American Depositary Shares (WKEY)?
What is the market cap of WISeKey International Holding American Depositary Shares (WKEY)?
What does WISeKey International Holding AG do?
What are the main business segments of WISeKey?
What recent projects has WISeKey undertaken?
How does WISeKey contribute to digital security?
What is the WISeKey Root of Trust?
What are some strategic initiatives by WISeKey?
What role does WISeKey play in the IoT sector?
Where can I find more information about WISeKey’s financial performance?
How is WISeKey advancing in the NFT space?
What future growth opportunities does WISeKey foresee?
