WISekey International Holding AG (WKEY) is one of the leading international cybersecurity company. The company functions through two portions Internet of Things (IoT) and mPKI. Company’s microprocessors protect the pervasive computing influencing the current IoT. The cryptographic Root of Trust (RoT) operates protected verification and identification, in virtual and physical environments for IoT, Blockchain, and AI. The company also provides ISTANA services for managing the components in AI-based cars by providing PKI-based digital identity.
The price of WKEY stock during the regular trading on December 29, 2020, was $4.01 with a decline of 1.23%. At last check in the premarket on December 30, 2021, the stock jumped by 5.24%.
WKEY: Events and Happenings
On December 29, 2021, WKEY reported about the presentation of a summary of the company’s important milestones achieved in 2021. Company’s executives discussed recent business developments, financial indicators, prospects for the year 2021, and developmental prospects for 2022.
On December 23, 2021, WKEY reported about the support of the EU recent Data and Cloud Coalition. The coalition offered a faster step toward digital independence. It will result in reduced dependency on foreign tech providers. As a solid footstep towards this support, the company previously operated a Swiss-EU-created WISeID Cloud Storage program.
On December 22, 2021, WKEY, FOSSA Systems, and the City Council of La Línea de la Concepción co-announced the completion of the first ground station. The station served as the regulator base for the trajectory of IoT satellites. Earlier this year an MoU was signed between the parties for the making of a 4th Industrial Revolution Center of Excellence.
On December 20, 2021, WKEY reported about the induction of new artists for the WISe.ART NFT Marketplace. WISe.ART NFT perceive a future for the indications that upsets the content creation economics and impact on the internet. On December 13, 2021, WKEY reported about the celebration of the 15th anniversary of its collaboration with CISCO. The company recently delivered the hundredth million chip to CISCO. The company also added a second industrial supply to support the business development.
Conference Presentations
On December 9, 2021, WKEY reported about the presentation of the latest developments in blockchain identity and WISe.ART NFT using CasperLabs. The presentation was held on December 13. On December 8, 2021, WKEY reported that the company executives presented at the Imperial Capital Security Investor Conference. The conference held on December 15. On December 6, 2021, WKEY reported that the company’s WISe.ART Marketplace was between the NFT displays at the International Art Week.
On December 1, 2021, WKEY reported about its partnership with OISTE.ORG Foundation. Both organizations co-presented entitled Digital Human Rights to Privacy and Digital Identity at World Law Congress. On November 30, 2021, WKEY reported to hold a metaverse holograminar at its Investor Day on December 13
Conclusion
WKEY stock fell 44% from the past six months, so the recent incline is the fresh air breath for the investors. The recent premarket rise is likely the outcome of taking the investors into confidence. Also, the company provided a summary of the achieved milestones of 2021. Analysts are suggesting it as a good move.
