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 AG (WKEY) is frequently in the news for developments at the intersection of cybersecurity, digital identity, IoT, and space-based infrastructure. As a Swiss-based holding company with subsidiaries in secure semiconductors, PKI and Root of Trust services, nanosatellite connectivity, blockchain NFTs, and decentralized physical internet concepts, WISeKey regularly issues updates that reflect its multi-layered technology platform.
News about WISeKey often highlights activities at its subsidiaries. SEALSQ Corp, which focuses on semiconductors, PKI, and post-quantum technology products, appears in announcements related to post-quantum secure chips, cryptographic hardware, and collaborations that address emerging quantum-era security risks. WISeSat, the group’s space technology arm for secure satellite communication, is a frequent subject of press releases covering nanosatellite launches, partnerships with launch providers, and initiatives to build quantum-resilient IoT connectivity from space.
Investors following WKEY can also expect coverage of corporate actions and strategic transactions. Recent communications include plans to redomicile from Switzerland to the British Virgin Islands, as well as a Business Combination Agreement to publicly list WISeKey’s WISeSat.Space subsidiary through a merger with Columbus Acquisition Corp, a special purpose acquisition company. These items appear alongside updates on quantum-focused investment initiatives and ecosystem partnerships with government and defense organizations.
This news feed aggregates such company-issued announcements, regulatory-related communications, and other market-moving items connected to WISeKey and its symbol WKEY. Readers can use it to monitor developments in WISeKey’s cybersecurity, post-quantum cryptography, satellite connectivity, blockchain NFT, and DePIN activities, and to track how the group executes its strategy of building trusted, quantum-resilient digital ecosystems.
WISeKey has appointed David Khalifa as Vice-President of Global Sales, effective immediately. With over 30 years of experience in the semiconductor industry, Khalifa previously held leadership roles at major companies such as STMicroelectronics and NXP. His expertise in sales and marketing will support WISeKey's global expansion strategy, particularly in the cybersecurity and IoT sectors. CEO Carlos Moreira highlighted Khalifa's ability to drive profitable growth across diverse markets. Khalifa expressed enthusiasm for contributing to the company's growth and seizing market opportunities.
WISeKey International Holding Ltd (NASDAQ: WKEY) announced the successful sale of a unique NFT titled 'Mona Lisa, Marilyn with Cheetas,' created by artist Pedro Sandoval, in collaboration with Duran Subastas. The sale, which included both the NFT and physical art, fetched euros 170,000. This transaction showcases WISeKey's expertise in NFTs, emphasizing their WISe.ART platform that ensures the provenance and authenticity of digital assets through blockchain technology. WISeKey also filed a new patent for enhanced NFT minting to preserve its integrity.
WISeKey International Holding will showcase its VaultIC semiconductors at the Mobile World Congress (February 28 - March 3, 2022), promoting the European Chips Act. These semiconductors provide digital security and cryptographic functions essential for IoT devices. WISeKey will also generate the first NFT from space during the event, enabled by its WISeSat satellite constellation. This breakthrough allows secure IoT device authentication, optimizing productivity across various industries.
WISeKey has partnered with Madrid-based auction house Duran Subastas to mint a unique NFT of Pedro Sandoval's artwork titled Mona Lisa, Marilyn with Cheetas. The auction is scheduled for February 23, 2022, at 5 pm in Madrid, with registrations open until February 22. The NFT will be inscribed on the blockchain, ensuring authenticity. This collaboration marks a significant move by WISeKey to expand its WISe.ART platform, enhancing its NFT inventory including conventional and digital art.
WISeKey International Holding (NASDAQ: WKEY) has announced advancements in their semiconductor technology, enabling secure authentication and verification for IoT devices. The company reported a substantial backlog of $39 million in purchase orders as of 2021, with an average of $1.3 million in new orders weekly. Their unique WISeID Digital Identity enhances object tracking and data verification, addressing regulatory requirements like the FAA’s Remote ID. The firm aims to convert this backlog into revenue in 2022 despite ongoing semiconductor shortages.
WISeKey International Holding Ltd. (NASDAQ: WKEY) has partnered with Crypto Art Island to host Europe’s first NFT art fair from April 29 to May 4, 2022, in Gibraltar. The event will feature pioneering NFT art and will be held at Xapo Bank, showcasing notable crypto artists like Javier Arrés and Gala Mirissa. WISe.ART, an entrusted NFT platform, will facilitate auctions of digital art, leveraging WISeKey's advanced security technologies. This collaboration positions WISeKey at the forefront of the NFT movement, promoting a hybrid physical and digital art experience.
WISeKey supports the European Chips Act, enhancing EU chip production and reducing reliance on non-EU sources. The company, a top-20 EU semiconductor firm, manufactures security chips vital for privacy and data sovereignty, notably in drones and satellite communications. Europe's aim to increase its semiconductor market share from 10% to 20% by 2030 is backed by significant investments. Despite a global semiconductor shortage affecting industries, WISeKey is actively negotiating with suppliers and diversifying sourcing to maintain service quality.
WISeKey International Holding Ltd. (NASDAQ: WKEY) launched its latest NFT exhibition featuring artist Pedro Sandoval in Times Square, marking the official USA roadshow of the WISe.ART Marketplace. The exhibition highlights the use of blockchain technology to authenticate digital assets and manage sales. Notable artworks include Sandoval's 'Mr. Bitcoin' and a gold 'monna lisa,' expected to auction with eight-figure starting prices. WISeKey also filed a new patent for enhanced NFT authenticity and announced that its platform allows brands to securely auction and display high-value NFTs.
WISeKey announced the launch of its new NFT service, TrustedNFT.IO, for luxury high-end and vintage watches. This service aims to enhance the authenticity and provenance of watches by utilizing patented technology, combining authentication microprocessors with blockchain. WISeKey protects over 2.5 million luxury watches and facilitates the creation of digital twins for each timepiece. The NFT technology includes a Watch Birth Certificate that serves as a digital identity for watches, adding significant value to collectors and brands.
WISeKey International Holding Ltd announced preliminary results for 2021, reporting revenues of $22.2 million, a 50% increase from 2020. The company achieved this growth despite COVID-19 challenges, surpassing revenue guidance by 10%. WISeKey holds a record backlog of $39 million for IoT products, reflecting an average of $1.3 million in new orders weekly. The company plans significant R&D investments for new secure products in 2022, aiming to expand its customer base further. Their cash position is strong at $34.4 million.
FAQ
What is the current stock price of Wisekey Internat (WKEY)?
What is the market cap of Wisekey Internat (WKEY)?
