Company Description
WISeKey International Holding AG (Nasdaq: WKEY; SIX: WIHN) is a Swiss-based technology holding company focused on cybersecurity, digital identity, and Internet of Things (IoT) solutions. According to multiple company communications, WISeKey operates through several operational subsidiaries that each concentrate on specific parts of its technology portfolio. Together, these businesses form an integrated platform designed to secure digital identity ecosystems for individuals, connected objects, and critical infrastructure using Blockchain, AI, and IoT technologies.
Business model and technology platform
WISeKey describes itself as a technology holding company and innovation platform. It owns and coordinates a group of subsidiaries that focus on semiconductors security, public key infrastructure (PKI), post-quantum cryptography, secure satellite communications, blockchain-based digital assets, and decentralized physical internet concepts. Each subsidiary contributes specialized technologies that are designed to interoperate within the broader WISeKey platform, enabling secure authentication, identification, and trusted data exchange across connected devices and digital services.
A central element in WISeKey’s approach is the OISTE/WISeKey cryptographic Root of Trust (RoT). Company disclosures state that this Root of Trust underpins secure authentication and identification for IoT, Blockchain, and AI applications, and is used to ensure the integrity of online transactions between objects and people. WISeKey also reports that more than 1.6 billion microchips have been deployed across various IoT sectors via its ecosystem, generating data that can be analyzed with AI to support predictive equipment failure prevention.
Key subsidiaries and segments
Across recent press releases, WISeKey consistently highlights five main operational subsidiaries:
- SEALSQ Corp (Nasdaq: LAES) – focuses on semiconductors, PKI, and post-quantum technology products. SEALSQ develops and sells secure chips and related hardware and software designed to support post-quantum cryptography and secure provisioning.
- WISeKey SA – specializes in Root of Trust and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI environments.
- WISeSat AG / WISeSat.Space – concentrates on space technology for secure satellite communication, specifically for IoT applications. Its nanosatellite constellation is designed to deliver real-time, low-cost, and secure IoT connectivity, using advanced encryption and distributed ledger integration.
- WISe.ART Corp – focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure non-fungible token transactions, using WISeKey’s digital identity and trust infrastructure.
- SEALCOIN AG – focuses on decentralized physical internet concepts with DePIN technology and houses development of the SEALCOIN platform, which is positioned within WISeKey’s broader machine-to-machine and transactional IoT vision.
These subsidiaries reflect WISeKey’s strategy of building interoperable ecosystems around semiconductors, trust services, satellites, blockchain, digital identity, and certified digital assets. The company’s communications describe this as a convergence of four foundational pillars: semiconductors, satellites, blockchain, and digital identity.
IoT, semiconductors, and post-quantum security
WISeKey’s platform places particular emphasis on IoT security and the transition to post-quantum cryptography. Through SEALSQ, WISeKey develops post-quantum secure chips and related solutions that are engineered for use in sectors such as IoT, satellites, and other mission-critical systems, according to the company’s shareholder letter. These chips are designed to support quantum-resistant cryptographic methods and can be integrated into satellite constellations, secure devices, and broader digital identity frameworks.
The company states that its semiconductors generate valuable Big Data across IoT deployments. When analyzed with AI, this data can be used for functions such as predictive equipment failure prevention. This illustrates how WISeKey’s semiconductor activities are linked to analytics and operational reliability in connected environments.
Secure satellite connectivity via WISeSat
Through its WISeSat subsidiary, WISeKey extends its cybersecurity and digital identity capabilities into space-based infrastructure. Company disclosures describe WISeSat’s nanosatellite constellation as a next-generation satellite platform designed to deliver secure, cost-effective, and globally accessible IoT connectivity. The satellites integrate SEALSQ post-quantum cryptographic chips, WISeKey’s Root of Trust, and identity management systems such as WISeID.
WISeSat’s constellation is designed to support sectors including logistics, agriculture, energy, defense, infrastructure, and climate monitoring by enabling real-time, secure IoT data links. The platform also incorporates distributed ledger technology, such as Hedera, to help ensure data integrity and transparency across decentralized networks. WISeKey communications position this constellation as part of a broader initiative to safeguard digital communications against emerging quantum threats and to enable scalable, autonomous IoT infrastructure from space.
Blockchain, NFTs, and digital assets
In addition to hardware and satellite infrastructure, WISeKey is active in blockchain-based trust services. WISe.ART Corp operates the WISe.ART marketplace, which the company describes as a platform for trusted blockchain NFTs and secure NFT transactions. This business leverages WISeKey’s digital identity, Root of Trust, and blockchain capabilities to support authenticated and traceable digital assets.
SEALCOIN AG, another subsidiary, focuses on decentralized physical internet concepts using DePIN technology and develops the SEALCOIN platform. Company communications link SEALCOIN to autonomous, chip-level transactions and a transactional Internet of Things, where devices and AI agents can validate communications and perform decentralized payments within WISeKey’s trusted ecosystem.
Corporate structure and listings
WISeKey International Holding AG is incorporated in the Canton of Zug, Switzerland, and describes itself as a Swiss-based holding company. Its ordinary shares trade on both Nasdaq under the symbol WKEY and on the SIX Swiss Exchange under the symbol WIHN. The company has announced plans to change its jurisdiction of incorporation from Switzerland to the British Virgin Islands via a cross-border merger into a wholly owned British Virgin Islands subsidiary, WISeKey Corp (WISeKey BVI). According to the company, following completion of this redomiciliation, WISeKey BVI’s ordinary shares are expected to have a primary listing on Nasdaq and a secondary listing on SIX Swiss Exchange, while WISeKey maintains its place of effective management and tax residence in Geneva, Switzerland.
In regulatory filings, WISeKey also reports that it prepares and files reports with the U.S. Securities and Exchange Commission as a foreign private issuer on Form 20-F and submits current reports on Form 6-K to furnish press releases and financial updates.
Strategic initiatives and subsidiary listings
WISeKey’s communications describe a strategy of incubating, scaling, and then separately listing subsidiaries in areas such as semiconductors, space technology, and digital assets. For example, the company highlights the prior listing of SEALSQ Corp on Nasdaq and the execution of a Business Combination Agreement to publicly list WISeSat.Space Corp through a merger with Columbus Acquisition Corp, a special purpose acquisition company. Under that agreement, WISeSat and Columbus are expected to become wholly owned subsidiaries of a new British Virgin Islands holding company, WISeSat.Space Holdings Corp, which is expected to be listed on Nasdaq, with WISeKey receiving equity in the new public entity.
WISeKey has also announced a Quantum Fund intended to support investments in quantum-related startups, and communications reference strategic collaborations and acquisitions aimed at strengthening semiconductor design and quantum-resilient security capabilities. These initiatives are presented by the company as part of a long-term roadmap to build secure, quantum-resilient digital ecosystems that span chips, satellites, blockchain, and identity services.
Role in digital trust and IoT security
Across its disclosures, WISeKey emphasizes its role in securing what it describes as the Internet of Everything. By combining secure semiconductors, PKI-based trust services, satellite connectivity, blockchain infrastructure, and digital identity management, the company aims to provide an integrated architecture of trust for connected devices and digital services. The cryptographic Root of Trust, large installed base of microchips, and focus on post-quantum cryptography are central themes in WISeKey’s description of its business and strategic direction.