Financial PerformanceWISeKey reported full-year revenue of $30.1M, marking a 30% increase from the previous year, driven by growth in its SEALSQ semiconductor business for IoT applications.
Market PotentialThe rise of quantum computing has heightened the demand for advanced cryptographic solutions, and WISeKey anticipates this could lead to a $500M annual market opportunity.
Technological AdvancementsWISeKey's subsidiary, SEALSQ, is advancing the QUASAR initiative, which integrates post-quantum security with lattice and code-based cryptography to enhance transmission protection.