WISeKey's Remarkable 220% Surge: What's Behind the Magic?

 

Following a sharp 139% increase in its share price last Friday, WISeKey INTERNATIONAL, a Swiss technology company, saw its share price rise by more than 50% again as of the closing on December 16.

 

Judging from the company's share price performance, after its listing on December 27, 2019, the company's share price once rose above $76.

 

In terms of this year's share price, as of December 11, it was mostly below $3. However, after two trading days on December 12 and December 13, the cumulative increase in the share price exceeded 220%.

 

In terms of news, WiSeKey announced last Friday (December 13) that its subsidiary would cooperate with SpaceX, a company under Elon Musk, to launch a satellite.

 

Now let's take a look at what's so special about this company.

 

 

WISeKey International Holding Ltd. is a global leader in the fields of cybersecurity, digital identity, and the Internet of Things (IoT) solutions platform in Switzerland.

 

It is a holding company headquartered in Switzerland and operates through several operating subsidiaries, each of which is dedicated to specific aspects of its technology portfolio.

 

These subsidiaries include SEALSQ, WISeKey SA, WISeSat AG, and WISe.ART, which cover multiple areas such as post-quantum solutions, the Internet of Things, secure satellite communication technologies, and trusted blockchains.

 

The subsidiary that will cooperate with SpaceX to launch a satellite is WISeSat among them.

 

As the satellite Internet of Things communication department under WISeKey International Holding, WISeSat is committed to meeting the growing demand for secure real-time connections of Internet of Things devices.

 

By integrating network security and satellite technology, WISeSat provides reliable end-to-end secure communication solutions for key industries such as logistics, agriculture, energy, and infrastructure management.

 

The cooperation with SpaceX this time will not only launch the next-generation satellite WISeSat designed for the post-quantum era but also be used to verify WISeKey's trusted root of trust technology and the advanced post-quantum chip technology of its subsidiary SEALSQ.

 

Carlos Moreira, founder and CEO of WISeKey, said, "This launch marks an important step for us in the field of Internet of Things communication security and prepares us well for the post-quantum era.

 

By combining SEALSQ's post-quantum chips with WISeKey's root of trust, we ensure that WISeSat always stays at the forefront of satellite network security."

 

 

I don't know much about this company.

 

So for the time being, let's put aside the fundamentals and simply analyze it from the technical side and the importance of this news.

 

I think the impact of this news mainly lies in this post-quantum era. In fact, many people may not be clear about this concept. However, the less understood it is by ordinary people, the more room there is for imagination.

 

 

I searched on Google and found that the post-quantum era refers to the era after quantum computers have developed to the point where they can pose a substantial threat to existing classical cryptographic systems based on mathematical problems.

 

With the progress of quantum computing technology, once quantum computers achieve sufficiently powerful computing capabilities, they can crack many widely used encryption algorithms in a relatively short period of time.

 

The post-quantum era emphasizes the stage where cryptography and related fields such as information security need to be innovated under this potential security crisis.

 

To put it simply, it is a new technology for protecting network security. Don't underestimate the issue of network security. In today's society, everything is inseparable from the network.

 

Once your personal information and bank account passwords are breached on the network, the consequences are unimaginable.

 

Therefore, I think the prospects of this industry are, at least for now, extremely promising.

From the technical side, WiSeKey's share price has fallen from a high of $76 all the way to $3 for two years, forming a very safe trading range.

Around $3 for two years, there should be few trapped investors. And the sudden sharp rise in these days clearly indicates that institutional investors have stepped in. The current price of $12 is still a long way from its previous high.

 

So I think that short-term funds can choose the right time to enter at present to follow this wave of popularity, but it is necessary to pay attention to the withdrawal of funds with excessive short-term gains.

 

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