Wisekey Internat Stock Price, News & Analysis

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.

WISeKey International Holding announced its participation in the Davos 2023 event titled Surviving the Tech/Crypto Winter, scheduled for January 18, 2023. This marks the company’s 18th participation at the World Economic Forum. CEO Carlos Moreira highlighted the importance of the roundtable discussions aimed at addressing challenges in the tech and crypto sectors during economic downturns. Experts will discuss strategies for survival and growth, emphasizing the digital economy's evolution. For registration and further details, visit davos.wisekey.com.

WISeKey, in collaboration with the ONUART Foundation, has launched the One Humanity ID, a new Digital Identity platform. This initiative aims to enhance human interactions and facilitate the trade of NFT art pieces. The platform leverages WISeKey's WISeID technology, ensuring secure online identity management. The project emphasizes support for human rights through its NFT offerings, with proceeds allocated to education in Africa. The platform is accessible at onehumanityworld.ch and represents a significant step in digital identity and blockchain integration.

WISeKey International Holding Ltd (NASDAQ: WKEY) announced the launch of a new series of NFT watches on its WISe.ART marketplace, designed by artist Pedro Sandoval. This Zodiac-themed collection of 12 unique timepieces aims to integrate owners with their WISeID service, enhancing the NFT experience through authenticated digital assets. The updated WISe.ART platform offers enhanced security features, allowing users to connect crypto wallets for seamless transactions. The introduction of NFTs reflects WISeKey's commitment to leveraging blockchain for value preservation in digital assets.

WISeKey International Holding Ltd (NASDAQ: WKEY; SIX: WIHN) announced its participation in the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 1:00 pm ET. CEO Carlos Moreira will present the company's vision, which focuses on merging secure hardware with digital certificates to enhance cybersecurity and IoT solutions. WISeKey aims to invest in the U.S. market and reduce dependence on Asian suppliers. The expo will include presentations from about 50 tech companies and will facilitate 1x1 investor meetings.

WISeKey announced its participation in Miami Art Week, showcasing its WISe.ART NFT Marketplace and scouting for emerging artists. The platform aims to support digital and tangible art through NFTs, highlighting their evolving role in the art market. The company emphasizes the significance of tokenization for securing art collections and ensuring ownership. With support for Polygon and CasperLabs blockchains, WISe.ART reduces fees for creators and buyers. The initiative aims to integrate NFTs into everyday life and enhance the art ecosystem.

WISeKey International Holding announced that WISe.ART will mint NFTs of tenor Jonas Kaufmann during the United Nations 'One Humanity Concert' on December 10, 2022, in Geneva. This initiative aims to promote human and artificial intelligence for global betterment in collaboration with ONUART, UNAOC, and OISTE. The NFTs will feature an animated photograph of Kaufmann, emphasizing the synergy between art and technology. WISeKey continues to lead in cybersecurity, AI, and IoT, with a commitment to a global digital identity ecosystem.

WISeKey International Holding announced substantial growth in its semiconductor revenue for FY 2022, expected to reach approximately $22.7 million, a 34% increase from FY 2021. The company forecasts a further 40% revenue growth in FY 2023, driven by strong demand for semiconductors and secured contracts in sectors like medical devices and smart technology. Despite ongoing supply chain challenges, WISeKey is positioned for transformation with a revenue pipeline of $100 million. The company’s IoT technology is poised to capitalize on a rapidly expanding market.