Geneva, Switzerland, December 18, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, and the OISTE Foundation today announced their participation in the World Human Rights Concert, presented at the United Nations Headquarters in Geneva, in collaboration with ONUART and its partners. In alignment with their shared mission to uphold human dignity, secure digital ecosystems, and global cyber-resilience, WISeKey and the O ...

Core Insights - Ramaco Resources, Inc. has signed a significant Umbrella Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy's National Energy Technology Laboratory (NETL) to enhance research on rare earth elements and critical minerals [1][3][6] Company Developments - The CRADA aims to accelerate the discovery, mining, processing, and commercialization of rare earths and critical minerals at Ramaco's Brook Mine in Wyoming, which is believed to have the largest unconventional rare earth deposit in the U.S. [2][6] - The agreement will facilitate collaborative research projects focusing on advanced materials, carbon technologies, and coal derivatives, thereby strengthening U.S. competitiveness and supporting domestic manufacturing [3][4] Technological Integration - Ramaco and NETL will integrate advanced computing, artificial intelligence, and quantum technologies to enhance scientific workflows and expedite discoveries in rare earth and critical mineral development [4][6] - The initiative will leverage the expertise of the newly established Minerals to Materials Supply Chain Research Facility (METALLIC), which unites nine national laboratories to commercialize technologies in the rare earth sector [4][6] Research and Development Framework - The program is organized into four centers of expertise: Feedstock Beneficiation, Extraction and Separations, Refining, and Alloy Development and Advanced Manufacturing, each equipped for technology testing and validation [5][6] - The CRADA will remain effective for five years, allowing for multiple collaborative projects under its framework [6] Historical Context - NETL played a crucial role in the discovery of the rare earth deposit at Ramaco's Brook Mine in 2018 and has collaborated on various scientific and engineering projects since then [7][8]

Federal Reserve Actions and Market Response - The Federal Reserve announced a 25-basis-point reduction in its benchmark interest rate, setting the new target range at 4% to 4.25% [2][8] - Following the announcement, the S&P 500 closed down 0.1%, while the Nasdaq saw a 0.3% decline; the Dow Jones Industrial Average closed up 0.5% at 45,984.88 [2][8] - The U.S. dollar rose for the seventh consecutive Fed day, defying typical post-cut trends [2] Tech Giants Eyeing New Horizons and Geopolitical Headwinds - Apple is reportedly exploring test production of foldable iPhones in Taiwan, targeting a 10% increase in total phone shipments in 2026, with a preliminary goal of producing approximately 95 million units [4][8] - Nvidia's CEO expressed disappointment over reports that China's internet regulator ordered major firms to halt purchases of Nvidia's AI chips, acknowledging geopolitical pressures [5][8] M&A and Corporate Strategy Shifts - Private equity firms Blackstone and TPG have renewed interest in acquiring medical device manufacturer Hologic, with a joint, non-binding offer exceeding $16 billion, although it was initially rejected [7][8] - Morgan Stanley announced the formation of a new Global Power and Energy Group, combining its Global Energy and Global Power and Utilities investment banking teams to adapt to evolving energy market dynamics [9][8] Global Trade and Geopolitical Developments - Mexico has initiated a public consultation process in anticipation of the 2026 review of the USMCA trade agreement, inviting input from economic sectors and stakeholders [10]

Financial Data and Key Metrics Changes - Revenue for the second quarter totaled approximately $61,000, a decrease from $183,000 in the prior year [16] - Gross margin increased to 43% from 32% in the previous year [16] - Net loss attributable to common stockholders was $36,000,000 for the second quarter, compared to a net loss of $5,000,000 in the prior year [19] - Total assets increased to $426,000,000 from $154,000,000 at the end of 2024 [19] - Cash and equivalents rose by $270,000,000 in the first half of 2025 to $349,000,000 [19] - Total liabilities decreased by approximately $16,000,000 compared to year-end 2024 [20] Business Line Data and Key Metrics Changes - The company secured an order for a quantum photonic vibrometer from a leading research institute in the Netherlands, indicating commercial adoption of quantum technologies [10] - A major global automotive manufacturer purchased an EMUCORE reservoir computing system, showcasing the application of quantum technologies in edge-based machine learning [11] - The company announced a subcontract valued at over $400,000 to support NASA, highlighting the practical applications of its quantum systems [12] Market Data and Key Metrics Changes - The company is experiencing growing validation of its technologies through customer orders across quantum systems and photonic chip foundry [5] - There is strong momentum around domestic semiconductor and photonic manufacturing, creating new commercial opportunities for the foundry [7] Company Strategy and Development Direction - The growth strategy is centered on two complementary revenue streams: quantum machines and thin film photonic chip foundry [6] - The company aims to integrate quantum machines with nanophotonic chips to enhance performance and reduce costs [24][25] - The foundry is expected to support further development of quantum machines while also offering services to other companies [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position within the evolving quantum ecosystem, emphasizing the importance of delivering real-world solutions [21] - The company is focused on scaling its business to meet increasing demand for quantum technologies [8] Other Important Information - The company completed a $200,000,000 financing round, strengthening its capital position [17] - Operating expenses for the second quarter totaled $10,200,000, driven primarily by increased employee-based expenses [18] - The company was added to the Russell 3000 and Russell 2000 indices, increasing visibility among institutional investors [14] Q&A Session Summary Question: What are the most important milestones for the next one to three years? - Management highlighted the integration of quantum machines with nanophotonic chips as a key focus for the next two to three years [24] Question: Any intentions to accelerate spending or pursue M&A? - Management indicated that while they are hiring additional staff to accelerate technology development, there are no current plans for acquisitions [27][28]