WISeKey Secures $30 Million for Cybersecurity Expansion
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WISeKey Secures $30 Million for Cybersecurity Expansion

WISeKey International Holding (WKEY) has released an update.

WISeKey International Holding has secured $30 million through Convertible Notes Subscription Agreements with institutional investors, aiming to bolster its cybersecurity and IoT ventures. This funding will support key projects, including a satellite constellation deployment and the launch of post-quantum semiconductors, enhancing WISeKey’s innovative security solutions. The move reflects WISeKey’s strategic focus on expanding its technological footprint in the digital security sector.

For further insights into WKEY stock, check out TipRanks’ Stock Analysis page.

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