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WISeKey's Extensive Expertise Lays the Foundation for the Development of a Semiconductor Manufacturing Project in Switzerland
GlobeNewswire News Room· 2024-10-01 05:00
Core Message - WISeKey is launching a major semiconductor fabrication facility (fab) project in Switzerland to enhance the country's self-reliance in chip production and position Switzerland as a hub in the semiconductor industry [1] WISeKey's Expertise and Vision - WISeKey has extensive expertise in semiconductors through its subsidiary SEALSQ Corp, which focuses on semiconductors, PKI, and post-quantum technology products [2] - The company aims to reduce reliance on foreign semiconductor manufacturing and enhance global supply chain security through Public-Private Partnerships (PPPs) [2] - WISeKey's vision includes establishing local semiconductor personalization centers to ensure a consistent supply of essential microchips, particularly for industries like automotive, aerospace, and healthcare [13][14] Semiconductor Fab Project in Switzerland - The project will start with a mini fab and gradually expand into a full-scale semiconductor fab over the next 10 years, with initial costs ranging from $100 million to $1.5 billion [4] - The phased approach allows for manageable investment, initial production capabilities, and flexibility to scale operations in line with technological advancements and market demands [4] - The fab will mitigate Switzerland's reliance on semiconductor imports, enhance domestic chip production, create jobs, and attract further investments in the technology sector [5] National and Economic Benefits - Technological Sovereignty: The fab will reduce Switzerland's dependency on foreign semiconductor suppliers, ensuring access to critical chips for industries like healthcare, automotive, aerospace, and IoT [6] - Economic Growth and Job Creation: The project will create thousands of high-skilled jobs and boost Switzerland's economic growth, positioning the country as a leader in the global technology market [6] - Innovation and R&D Hub: The fab will strengthen Switzerland's innovation ecosystem, attracting global companies to invest in R&D in fields like quantum computing, AI, and secure communications [6] - Strengthened Global Supply Chains: Switzerland's fab will contribute to the diversification of the global semiconductor supply chain, making it more resilient against disruptions [6] - Attracting Further Investments: The fab will serve as a magnet for investment in Switzerland's electronics and technology sectors, driving the growth of a high-tech ecosystem [7] Global Semiconductor Landscape - The global semiconductor shortage has prompted major economies to invest heavily in local chip production, with many countries enacting "chips acts" and stimulus packages to support domestic semiconductor industries [8] - Switzerland is positioned to leverage its resources and capabilities to strengthen chip development efforts, fostering a new cluster of semiconductor innovation and contributing to the diversification of the global supply chain [9] Cost Projections and Government Incentives - The cost of building a mini fab ranges from $100 million to $1.5 billion, depending on the technology level, production capacity, and complexity of the chips being manufactured [10][11] - Government incentives for building and operating advanced semiconductor fabs have become increasingly active, providing countries like Switzerland with opportunities to strengthen their semiconductor capabilities [12] Advancements in Post-Quantum Technology - SEALSQ has integrated Kyber and Dilithium CRYSTAL quantum-resistant algorithms into its secure hardware platform, marking a breakthrough in post-quantum technology [16] - The QUASARS project, based on the WISeKey Secure RISC V platform, is paving the way for the Post-Quantum Cryptography era, with strong support from the French Secured Communicating Solutions (SCS) Cluster [17] WISeKey's Role in IoT and Cybersecurity - WISeKey is part of the NIST National Cybersecurity Center of Excellence (NCCoE) project, which aims to establish best practices for trusted IoT device onboarding [18] - The company has deployed over 1.6 billion microchips across various IoT sectors, securing digital identity ecosystems using Blockchain, AI, and IoT technologies [21][22]
WISeKey Announces OISTE's Participation at the Summit of the Future
GlobeNewswire News Room· 2024-09-23 21:41
WISeKey Announces OISTE's Participation at the Summit of the Future New York, New York - September 23, 2024: WISeKey International Holding Ltd. ("WISeKey") (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, AI, Blockchain, and IoT operating as a holding company, today announced that OISTE.org, a non-governmental organization, recently participated in a pivotal event at the UN Headquarters in New York, where world leaders gathered for the Summit of the Future. OISTE holds special consultative status with ...
WISeKey's SEALCOIN Project Leverages Hedera DLT: Invites IoT Companies to Perform Proof of Concept (PoC) for Transactional-IoT (t-IoT) Technology
GlobeNewswire News Room· 2024-09-11 12:55
WISeKey's SEALCOIN Project Leverages Hedera DLT: Invites IoT Companies to Perform Proof of Concept (PoC) for Transactional-IoT (t-IoT) Technology For more information see PoC video: https://youtu.be/daOvoOxqGvQ Geneva – September 11, 2024 - WISeKey International Holding Ltd. ("WISeKey") (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, AI, Blockchain, and IoT operating as a holding company, is inviting companies to participate in a groundbreaking machine-to-machine PoC for its innovative t-IoT technolog ...
WISeKey Presents Digital Transformation Initiatives at APBA Event in Spain
GlobeNewswire News Room· 2024-09-05 05:00
WISeKey Presents Digital Transformation Initiatives at APBA Event in Spain Algeciras, Spain – September 5, 2024: WISeKey International Holding Ltd. ("WISeKey" or "Company") (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, digital identity, and Internet of Things (IoT) company, participated in a key event at La Autoridad Portuaria de la Bahía de Algeciras (APBA) under the theme "Upcoming Digital Entrepreneurship Initiatives in the Campo de Gibraltar." The event, held in collaboration with WISeKey a ...
SEALCOIN Technology Successfully Tested in a Proof of Concept for Transactional-IoT M2M
GlobeNewswire News Room· 2024-08-05 05:00
Geneva, Switzerland, Aug. 05, 2024 (GLOBE NEWSWIRE) -- For more information see this video presentation: https://youtu.be/daOvoOxqGvQ WISeKey International Holding Ltd. ("WISeKey" or the "Company") (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company operating as a holding company, today announced the successful execution of its groundbreaking Proof of Concept (PoC) for Transactional-IoT (t-IoT) technology codenamed Project SEALCOIN. This milestone marks a significant step forward in th ...
WISeKey Subsidiary WISe.ART Revolutionizes Ultra-Luxury Market with Strategic Move to Web 3.0 Platform
GlobeNewswire News Room· 2024-07-09 16:24
About WISeKey WISeKey International Holding Ltd ("WISeKey", SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and postquantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions fo ...
WISeKey Announces the Establishment of SEALCOIN AG Subsidiary
GlobeNewswire News Room· 2024-07-02 17:08
Special Purpose Vehicle to House Operations of the Revolutionary SEALCOIN Project The SEALCOIN project aims to underpin decentralization ambitions on a global scale, setting a new standard for secure and efficient decentralized transactions. The project began in January 2024 at WISeKey's semiconductor subsidiary, SEALSQ Corp ("SEALSQ") (NASDAQ: LAES), as a proof of concept. Strategic investment from The Hashgraph Association will allow SEALCOIN to integrate its advanced decentralized solutions with the lead ...
WISeKey Subsidiary WISeSat.Space to Bring Blockchain to Space for Improved Satellite Services
GlobeNewswire News Room· 2024-07-02 05:00
WISeKey Subsidiary WISeSat.Space to Bring Blockchain to Space for Improved Satellite Services Will test the node operations from the new WISeSat Satellite to be launched with SpaceX at Vandenberg Space Force Base in October this year. WISeSat.Space's project to operate blockchain nodes from space is set to transform the satellite value chain, bringing unprecedented levels of transparency, trust, and efficiency. From logistics and insurance to governmental functions and financial inclusion, the integration o ...
WISeKey International (WKEY) - 2023 Q4 - Earnings Call Transcript
2024-05-21 18:10
WISeKey International Holding AG (NASDAQ:WKEY) Q4 2023 Results Conference Call May 21, 2024 10:00 AM ET Company Participants Carlos Moreira - Founder & Chief Executive Officer Peter Ward - Chief Financial Officer Conference Call Participants Matthew Galinko - Maxim Group Kevin Dede - H.C. Wainwright Operator Greetings, ladies and gentlemen, and welcome to the WISeKey International Holding’s Full Year 2023 Financial Results Earnings Conference Call. As a reminder, this conference call contains forward-lookin ...
WISeKey International (WKEY) - 2023 Q4 - Annual Report
2024-05-15 21:15
WISeKey International Holding Ltd Reports Strong Fiscal Year 2023 Financial Results and Provides Updates on Its Strategic Initiatives Conference Call Scheduled for May 21 at 10:00am ET (4:00pm CET) Zug, Switzerland – May 15, 2024 – – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd ("WISeKey") (NASDAQ: WKEY; SIX: WIHN), a leading global cybersecurity, Semiconductors and Web 3.0 company, today announced its audited financial results for the full year ended Dece ...