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WISeKey International Holding AG (WKEY)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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7.43+0.43 (+6.14%)
At close: 4:00PM EDT

7.48 +0.05 (0.67%)
After hours: 4:12PM EDT

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Trade prices are not sourced from all markets
Previous close7.00
Open7.13
Bid7.36 x 2200
Ask7.43 x 1000
Day's range7.07 - 7.65
52-week range3.95 - 22.40
Volume346,939
Avg. volume5,278,563
Market cap161.337M
Beta (5Y monthly)1.93
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Globe Newswire

    WISeKey SA announces the launch of TrustECoin token to drive secure trade of luxury collectibles and artwork on WISe.ART marketplace in cooperation with CasperLabs and Ocean Protocol

    WISeKey SA announces the launch of TrustECoin token to drive secure trade of luxury collectibles and artwork on WISe.ART marketplace in cooperation with CasperLabs and Ocean Protocol Geneva, Switzerland – May 11, 2021 - WISeKey International Holding Ltd (NASDAQ: WKEY; SIX: WIHN), a leading cybersecurity, IoT, and AI platform company, today announced the completion of its technology stack for making WISe.ART available as a platform to build white-label marketplaces for different luxury collectibles and artwork. Part of this technology stack is the storage of the digital twins created as NFTs on the CasperLabs chain and using Ocean Protocol’s marketplace technology to enable the trading of these NFTs. To ensure KYC that still allows anonymity and the necessary exclusivity, all marketplaces created under the WISe.ART platform will allow the trading of NFTs with TrustECoin token which will be launched in May by WISeKey. WISeKey’s offering will allow brands, artists, fans, curators, owners, potential customers and liquidity providers investing in digital assets, to interact and grow on a secure, digital and scalable platform, thoroughly trace provenance, diminish counterfeiting on the digital sphere and integrate physical chip technology into real objects. Hence, WISeKey provides highly secure integration of the physical objects and their digital twins coined in NFTs. WISeKey is following a multichain strategy for its WISe.ART platform through a partnership with CasperLabs and Ocean Protocol. CasperLabs’ incredible expertise on the crypto market and Ocean Protocol’s outstanding solution for Initial Data Market Offerings make them ideal partners to reinforce WISeKey’s unique position and for launching of its TrustECoin token. For more than two decades, WISeKey has been a pioneer in the area of security and object authentication technology. WISeKey’s NFT platform for creating, marketing and selling NFTs as digital twins for high-end luxury collectibles and artwork, links the NFTs to actual physical art or collectibles, attaches digital rights and creates true value for collectors, artists, brands, etc. in the luxury collectibles and art market. The marketplace created will work with WISeKey’s own token which has all necessary functions for preventing fraud, managing digital rights and KYC for anti-money laundering while securing the privacy of any collector or owner. About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens. Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com. Press and investor contacts: WISeKey International Holding LtdCompany Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.comWISeKey Investor Relations (US)Contact: Lena CatiThe Equity Group Inc.Tel: +1 212 836-9611lcati@equityny.com Disclaimer:This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

  • Globe Newswire

    WISeKey Announces Strong Q1 2021 Unaudited Revenues

    WISeKey Announces Strong Q1 2021 Unaudited Revenues WISeKey expects 2021 to be a year of strong operational and financial performance Zug, Switzerland, May 10, 2021 – WISeKey International Holding Ltd. (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today Q1 2021 unaudited revenues of $4.7 million, an increase of more than 7%, from the same period of last year (of note, Q1 2021 revenue number includes revenues generated from arago; WISeKey acquired 51% controlling interest on February 1, 2021). Furthermore, WISeKey ended the quarter with a strong financial position of $23 million cash and restricted cash, at March 31, 2021. “COVID-19 pandemic affected every company in the technology sector making 2020 a challenging year. Since the beginning of the pandemic, we took steps to quickly manage our business, strengthen of our balance sheet, and we were able to re-position ourselves, efficiently manage our supply chain and manufacturing process to continue on-time deliveries. Thus Q1 2021 was a very strong quarter, as compared to a pre-COVID Q1 2020, followed by a similar strong performance during the month of April. We are now in a very strong position to handle the increased demand from our clients. Our backlog at the end of April, not including arago, increased by more than 155%, as compared to the same period of last year, and was higher than our revenues for full year 2020. The higher demand, increased backlog and several new customers are now positively impacting revenues and the Company’s forecast for 2021. In addition to the positive growth from the core WISeKey business, the recent acquisition of arago is expected to further improve our operational performance for 2021,” commented Carlos Moreira, CEO of WISeKey. “I could not be more pleased with our progress made since the beginning of the year. We expect strong demand for our cybersecurity products during 2021 calendar year and sustained revenue derived from the increase in demand for our technology. It is anticipated that Cybersecurity companies like WISeKey with strong technology-IP assets will recover much faster from the current crisis. Overall, continued adoption of IoT technologies connected to secure clouds, and ultimately 5G, will be tremendous catalysts for security companies given the related risk of adoption,” concluded Mr. Moreira.Our strong financial position $23 million cash and restricted cash at the end of Q1 2021 allows us to support investments in new products, IP, and faster growing IoT/Cybersecurity markets. During 2020, we have made significant investments in R&D and new microchips design in order to maintain our leading-edge technology position and the competitive advantage of our product offerings. We recently developed NanoSealRT, an NFC Forum Type 5 chip that works with both Android and IOS 12 (and above) devices, which will further reinforce our position as a major IoT player. During Q1 2021 WISeKey made a strategic investment in FOSSA Systems allowing their satellite technology to integrate into the WISeKey IoT platform connecting all IoT sectors through the development of a WISeSaT PocketQube Satellite. The WISeSaT.Satellite will be a security-IoT hardened FOSSASAT-2E satellite designed to further drive down satellite costs for the already-small Cubesat size.WISeKey will offer this technology to its IoT clients in a SaaS model allowing both remote and redundant urban IoT communications for companies seeking to securely connect their assets. WISeKey Trust and Security solutions offer unique integration into an end-to-end platform that communicates in real-time with the WISeSat.Satellite by ensuring the authenticity, confidentiality, and integrity of the devices, objects, data and transactions. Finally, after the successful deployment of several NFT Luxury watch projects, WISeKey is developing one of the most reliable and secure blockchains for businesses, in a strategic partnership to bring trust to the hype around NFT with the launch of TrustedNFT.io. This NFT platform will provide a dedicated, secure marketplace for buying and selling NFTs, including artwork and luxury goods. The first major auction will occur in Summer 2021, with more information to come soon. About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens. Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com. Press and investor contacts: WISeKey International Holding Ltd Company Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.comWISeKey Investor Relations (US) Contact: Lena CatiThe Equity Group Inc.Tel: +1 212 836-9611lcati@equityny.com Disclaimer:This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FInSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

  • Globe Newswire

    WISeKey to receive a $10.0 million high growth capital investment from Alpha Blue Ocean to finance its TrustNFT.IO NFT platform to be launched in June 2021

    WISeKey to receive a $10.0 million high growth capital investment from Alpha Blue Ocean to finance its TrustNFT.IO NFT platform to be launched in June 2021LinkedInFacebookMoreZug, Switzerland – May 7, 2021 – WISeKey International Holding Ltd (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI and IoT company, announced today that it has signed a term-sheet to enter into a back-to-back unsecured short-term loan and the issuance and subscription of convertible notes with Alpha Blue Ocean to finance its new TrustNFT.IO NFT platform to be launched in June 2021. The financing provided by Alpha Blue Ocean, a dynamic family office with the mission of revolutionizing the financial industry by offering innovative and tailored investments adapted to risk, is in the form of a short-term loan of $10.0 million repayable over a period of 12 months. Repayments are to be made either in cash or by requesting Alpha Blue Ocean to subscribe to convertible notes, up to a maximum of $10.8 million, with the proceeds from the subscription being used to make a repayment against the short-term loan. The principal amount of each convertible note subscribed, is repayable by way of conversion into Class B shares, par value CHF 0.05 each, of WISeKey (the “Class B Shares”). As consideration for Alpha Blue Ocean’s financing commitment, WISeKey, among other things, will be issuing a number of warrants. With TrustedNFT.IO WISeKey delivers the most reliable and secure NFT platform for businesses to bring trust to the hype around Non-Fungible Tokens (NFT), by providing a dedicated, secure marketplace for buying and selling NFTs, including artwork and luxury goods. The first major blockbuster auction on the new platform will occur in Summer 2021, with more information to come soon. "By combining our Root of Trust with Blockchain, we have created an innovative Trust Protocol that enables a wide range of use cases and business models, simply not possible with current Blockchain-based solutions on their own," said Carlos Moreira, Founder and CEO of WISeKey. "The first application of this collaboration will be the auctioning of digital twins of artwork and luxury collectibles, which we indisputably move into the virtual world, yet make their illegal use impossible.” “This agreement provides WISeKey access to flexible financing, allowing us to accelerate the deployment of NFCtrusted.IO, our new NFT business segment, which will bring us a totally new incremental revenue source,” said Carlos Moreira, Founder and CEO of WISeKey. “We are excited to invest in WISeKey, which we consider an emerging leader in the rapidly expanding market of Artificial Intelligence & Cybersecurity. We believe the NFT market requires the know-how and cybersecurity IoT technology of WISeKey. We are proud to partner up with WISeKey by financing this transaction,” added Pierre Vannineuse, CEO of Alpha Blue Ocean. About Alpha Blue Ocean:Created in 2017 by Pierre Vannineuse, Hugo Pingray and Amaury Mamou-Mani, Alpha Blue Ocean is a young and dynamic family office with the mission of revolutionizing the financial industry by offering innovative and tailored investments adapted to risk. Alpha Blue Ocean operates through a direct, rational and efficient approach in providing alternative financing solutions through PIPE (Private Investments in Public Equities) deals. ABO has made notable investments in companies such as AB Science (AB:FP), Erytech (ERYP:US), Intrasense (ALINS:FP), and DBT Group (ALDBT:FP), among others. About WISeKey:WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens. Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com. Press and investor contacts: WISeKey International Holding Ltd Company Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.comWISeKey Investor Relations (US) Contact: Lena CatiThe Equity Group Inc.Tel: +1 212 836-9611lcati@equityny.com Disclaimer:This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FInSa’s predecessor legislation or advertising within the meaning of the FinSA, or within the meaning of any other securities regulation. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey. The securities offered will not be, and have not been, registered under the United States of America Securities Act of 1933, as amended, and may not be offered or sold in the United States of America, absent registration or an applicable exemption from the registration requirements of said Act.