What's Going On With WISeKey Shares Thursday?

Benzinga·02/06/2025 18:44:20

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WISeKey International Holding Ltd (NASDAQ:WKEY) subsidiary, WISeSat, on Thursday announced the release of its 2025 satellite launch schedule, with the next confirmed launch set for June 2025 via SpaceX to deploy WISeSat satellites. The company also has launches scheduled for October and December.

This launch series serves as a proof of concept that validates the integration of WISeKey’s Root of Trust and SEALSQ Corp (NASDAQ:LAES)’s Post-Quantum Chips to enhance satellite security and cybersecurity resilience.

The June launch will specifically include a proof of concept that highlights SEALCOIN’s potential to support decentralized space transactions within the growing Internet of Things ecosystem. This concept will enable secure, transparent and tamper-proof satellite-initiated transactions with Internet of Things devices.

“These new launches represent a major step forward in securing IoT communications for the future. By integrating SEALSQ’s Post-Quantum Chips with WISeKey’s trusted Root of Trust, we are ensuring that WISeSat remains a leader in satellite cybersecurity,” said Carlos Moreira, Founder and CEO of WISeKey.

WKEY Price Action: At the time of writing, WISeKey shares are roughly flat at $7.43, according to data from Benzinga Pro.

Image: via Shutterstock

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