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.

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