Wisekey Internat Stock Price, News & Analysis

WISeKey announced the readiness of its IoT picosatellites, WISeSat-1 and WISeSat-2, for launch aboard the SpaceX Falcon 9 in January 2022. These satellites are essential for providing global secure IoT connectivity and have successfully passed all testing. Developed in partnership with FOSSA Systems, these low-power picosatellites will enhance data collection from terrestrial sensors, thereby optimizing industrial processes and asset management. WISeKey aims to offer this technology to IoT clients through a SaaS model, broadening communication in remote regions.

WISeKey is set to launch a new series of NFTs on its WISe.ART platform starting December 2021. The platform aims to provide a secure digital brand building alternative for corporations and luxury item owners with features like proof of ownership and provenance. Key updates include the operational status of the marketplace, reinforced IP and NFT patent ecosystem, and partnerships with Polygon for NFT solutions. The marketplace will allow high-value items such as historical art and sports cards to be auctioned, supported by KYC processes to ensure authenticity and security.

WISeKey Files Patent Application for Authenticatable NFTs

WISeKey filed a patent for a “System and Method for Providing Persistent Authenticatable NFT” in the USA. This method enhances NFTs' value and ensures authenticity over time. The patent addresses challenges in maintaining NFT information beyond blockchain capabilities, enhancing long-term value. CEO Carlos Moreira emphasized that this application could bolster the NFT ecosystem's legitimacy. The company's technology is positioned to improve trust in digital transactions, particularly in the expanding NFT marketplace.

WISeKey International Holding Ltd (NASDAQ: WKEY) has partnered with SUNx to promote a climate-friendly WISe.Art NFT platform. This initiative aligns with the UN Sustainable Development Goals and the Paris Climate Agreement, highlighted during the COP26 conference. The platform will integrate features for art, luxury goods, and collectibles, ensuring safety and sustainability in transactions. WISeKey's technology will provide authentication and ownership verification for both digital and physical assets.

WISeKey has enhanced its WISeID digital identity technology by allowing users to mint their digital identities as NFTs on the trustednft.io marketplace. This innovation, supported by a partnership with Polygon, provides users control over their identity information, enabling them to create, sign, and verify identity claims. The platform aims to facilitate safe identity services in the Metaverse, benefiting individuals, corporations, and government institutions. WISeKey's technology underpins secure transactions and interactions in this evolving digital landscape.

WISeKey International Holding Ltd. (NASDAQ: WKEY) announced that CEO Carlos Moreira was interviewed by Steve Bannon to discuss his bestselling book, The transHuman Code. The conversation focused on the balance between technological innovation and human values, emphasizing the importance of a human-centric approach to technology. Moreira noted that the global pandemic highlighted the need for collaboration in technology development, urging for actionable steps to ensure that technology enhances rather than undermines human existence.

WISeKey International Holding Ltd. (NASDAQ: WKEY; SIX: WIHN) announced an Investor Day on December 13, 2021, at Nasdaq MarketSite. This hybrid event will facilitate both in-person and virtual attendance, with pre-registration required. Key topics include recent business developments, financial results, and a growth strategy for 2022. The agenda features management presentations, a product showcase, and a Q&A session. Additionally, one-on-one meetings and a cocktail reception will be held on December 14, followed by participation in the Imperial Capital Security Investor Conference on December 15.

WISeKey has launched a White-Label Trusted NFT Marketplace platform, enhancing its NFT development business segment. This platform offers rapid deployment with an initial cost of $250,000, significantly lower than traditional platforms that can exceed millions in setup fees. The White-Label service includes continuous monitoring, cybersecurity, and identity management. Developers can customize the platform using various technologies like Polygon and Ethereum. This initiative aims to cater to the growing demand for secure and easy-to-use NFT marketplaces.