Welcome to our dedicated page for Wisekey Internat news (Ticker: WKEY), a resource for investors and traders seeking the latest updates and insights on Wisekey Internat stock.
WISeKey International Holding Ltd (NASDAQ: WKEY) delivers cutting-edge cybersecurity solutions through secure semiconductors, digital identity management, and satellite-enabled IoT protection. This news hub provides investors and technology stakeholders with essential updates on the company’s strategic initiatives and market position.
Access timely reports on earnings announcements, security product launches, strategic partnerships, and innovations in post-quantum cryptography. Our curated collection ensures you stay informed about developments impacting WISeKey’s core markets in IoT security, digital authentication, and space-based connectivity solutions.
Key focus areas include secure chip technology advancements, mPKI certificate deployments, and progress in WISeSat satellite security platforms. All content is verified for accuracy and relevance to investment analysis and industry trend monitoring.
Bookmark this page for streamlined access to WISeKey’s official communications and third-party analysis. Regularly updated to reflect the evolving landscape of digital trust technologies and their commercial applications.
WISeKey has initiated the QUASARS project, recognizing its innovation with the SCS label. The project focuses on post-quantum cryptography through a newly formed subsidiary, SEALSQ Corp, aimed at developing secure architectures resistant to quantum attacks. The project aligns with the recommendations from ANSSI, France's National Cybersecurity Agency. Furthermore, WISeKey is collaborating with the NIST on bringing trusted IoT solutions to market, leveraging its expertise in semiconductors and cryptographic services. CEO Carlos Moreira emphasized the potential applications spanning various industries.
WISeKey International Holding Ltd. (NASDAQ: WKEY) is collaborating with Blockchain Open4All Malaga to host the CryptoVerse Island NFT exhibition on January 26, 2023. This event precedes the main exhibition in Madrid from May 10-13, 2023, which will feature NFT art and discussions on Blockchain and Web3. The exhibition is designed to connect artists, collectors, and investors, showcasing innovative NFT art on WISeKey's platform, WISe.ART. The focus is on secure digital asset authentication, emphasizing accessibility and technology's role in enhancing art.
WISeKey International Holding Ltd presented progress on its WISeID Metaverse at the Davos 2023 Event on January 18, 2023. The mission is to create a secure, open-source identity engine for interoperable identities and crypto wallets. Collaboration with OISTE.ORG aims to establish best practices in digital identity technology. CEO Carlos Moreira highlighted that digital identities can enhance avatars, enabling user control and secure transactions in the metaverse. The WISeID system offers features like strong authentication, digital signatures, and integration with major standards, aiming to enhance user privacy and autonomy.
WISeKey International Holding Ltd. has partnered with The Hashgraph Association to launch a Trusted NFT solution via its WISe.ART platform built on Hedera. This collaboration aims to enhance the commercial viability of NFTs, integrating them with WISeKey's security technologies and TrustECoin cryptocurrency. The platform provides an authenticated link between digital assets and their physical counterparts, ensuring secure ownership and provenance. CEO Carlos Moreira emphasized the platform's marketplace capabilities and KYC compliance. With Hedera's advanced infrastructure, WISeKey aims to transform the NFT landscape, marrying creativity and security in distributed ledger technology.
WISeKey, Italpreziosi, and Kaufmann & Partners announced a joint venture at Davos to launch PreciousMetalVerse.com, focusing on NFTs backed by physical gold stored in vaults in Switzerland and Italy. This collaboration allows gold investment via Trusted NFT Gold Tokens, which represent ownership over gold bars, ensuring safety without physical handling. The NFTs are tracked digitally and insured, integrating a smart contract for trading. This initiative aims to create a new asset class in the fintech sector while emphasizing sustainability and ethical practices aligned with the UN SDGs Agenda.
WISeKey International Holding Ltd reported preliminary FY 2022 revenues of $25.6 million, representing a 15% increase from FY 2021, despite divesting arago. The semiconductor segment drove this growth, contributing $23.2 million in revenues, up 38% from the previous year. The company has a robust backlog of $36 million for IoT products extending into 2024, with expectations of expanding its customer base significantly by 2023/2024.
WISeKey International Holding Ltd (NASDAQ: WKEY) announces its Davos 2023 event, Surviving the Tech/Crypto Winter, set for January 18, 2023, at the Piano Bar Hotel of Europe, Davos, Switzerland. This marks WISeKey's 18th participation in the World Economic Forum's Global Growth Company community. Key roundtables will discuss topics like IoT security, NFTs, and strategies for navigating economic downturns in technology. The event will feature industry leaders and experts aiming to lay groundwork for future tech advancements.
WISeKey International Holding Ltd., a leading cybersecurity company, released a letter to shareholders detailing business milestones and future strategies. The company anticipates a year-end revenue of over $24.5 million, marking a growth of over 10% compared to 2021, bolstered by strong semiconductor demand. WISeKey's divestiture of arago GmbH reduced cash burn by 40%, enhancing liquidity. The firm expects a 40% growth in the IoT segment for 2023 and has a backlog of $36 million. Emphasis is placed on long-term value despite recent market volatility affecting stock performance.
WISeKey International Holding reaffirms its fiscal 2022 revenue forecast, expecting to exceed $24.5 million, representing over a 10% increase compared to 2021. This growth stems from strong demand for semiconductors despite the divestiture of arago GmbH. The company reports a $36 million backlog for IoT semiconductor products and a $100 million opportunity pipeline. Furthermore, WISeKey anticipates 2023 revenues to grow by at least 40% in the IoT segment, backed by substantial investments in sales capacity.
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