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MIL-OSI: WISeKey Announces Q1 2021 Unaudited Revenue of $4 9 Million and Ends the Quarter with a Strong Cash Position of $25 Million
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WISeKey Announces Strong Q1 2021 Unaudited Revenues Wisekey International Holding SA
Unaudited
year of strong operational and financial performance
Zug, Switzerland, May
10
, 2021 – WISeKey International Holding Ltd. (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today Q1 2021 unaudited revenues of $4.7 million, an increase of more than 7%, from the same period of last year (of note, Q1 2021 revenue number includes revenues generated from arago; WISeKey acquired 51% controlling interest on February 1, 2021). Furthermore, WISeKey ended the quarter with a strong financial position of $23 million cash and restricted cash, at March 31, 2021.
“COVID-19 pandemic affected every company in the technology sector making 2020 a challenging year. Since the beginning of the pandemic, we took steps to quickly manage our business, strengthen of our balance sheet, and we were able to re-position ourselves,
WISeKey International Holding Ltd: WISeKey Announces Strong Q1 2021 Unaudited Revenues
Unaudited
year of strong operational and financial performance
Zug, Switzerland, May
10
, 2021 - WISeKey International Holding Ltd. ( WISeKey or Company ) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today Q1 2021 unaudited revenues of $4.7 million, an increase of more than 7%, from the same period of last year (of note, Q1 2021 revenue number includes revenues generated from arago; WISeKey acquired 51% controlling interest on February 1, 2021). Furthermore, WISeKey ended the quarter with a strong financial position of $23 million cash and restricted cash, at March 31, 2021. COVID-19 pandemic affected every company in the technology sector making 2020 a challenging year. Since the beginning of the pandemic, we took steps to quickly manage our business, strengthen of our balance sheet, and we were able to re-position ourselves, efficiently manage ou
WISeKey International Holding Ltd: WISeKey to Launch its First Ever Non-Fungible Token (NFT) from Space
from Space
PocketPod deployer developed by FOSSA Systems will launch in June 2021 aboard a Falcon 9 rocket by SpaceX.
Through the WISeSat constellation, set to launch its first prototype satellites in December in 2021, WISeKey will enable the direct connection of satellites to IoT devices for NFT authentication, completing the connection cycle from space to device through a secure telecommunication means. The space based NFT ecosystem assures personal and secure authentication capabilities through the global WISeSat constellation developed in partnership with FOSSA Systems.
GENEVA, -
4th
, 2021: WISeKey International Holding Ltd. ( WISeKey ) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI, Blockchain and IoT company, today announced that the Satellite PocketPod deployer developed by FOSSA Systems will launch in June 2021 aboard a Falcon 9 rocket by SpaceX.
WISeKey to Launch its First Ever Non-Fungible Token (NFT) from Space
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