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Stock impact report

WISeKey Subsidiary WISeSat to Launch Second Proof of Concept for SEALCOIN Token

WISeKey International Holding AG - American Depositary Shares (WKEY) 
Company Research Source: GlobeNewswire
WISeKey Subsidiary WISeSat to Launch Second Proof of Concept for SEALCOIN Token Zug, Switzerland – October 14, 2024: WISeKey International Holding AG ("WISeKey", SIX: WIHN), a global leader in cybersecurity, blockchain, and IoT solutions, today announced that its subsidiary, WISeSat.Space (“WISeSat”), will conduct the second Proof of Concept (PoC) for SEALCOIN by transacting tokens via satellites to IoT devices. The PoC is set to take place during the launch of a new generation of WISeSat satellites, planned for January 2025. This milestone, once complete, will represent a major leap forward in secure, autonomous machine-to-machine (M2M) transactions using WISeSat's current satellite constellation. The launch of a new generation of WISeSat satellites will feature enhanced operational capabilities specifically designed to support M2M transactions from space. These next-generation satellites will further strengthen the WISeSat constellation, enabling secure and efficient decentralized Show less Read more
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