
WISeKey International Holding AG American Depositary Shares (WKEY)
Company News
The post-quantum cryptography (PQC) market is projected to grow from $0.42 billion in 2025 to $2.84 billion by 2030, driven by increasing cybersecurity threats and the potential of quantum computers to break current encryption standards.
WISeKey's subsidiary WISeSat AG installed its third ground station near Lausanne, Switzerland, strengthening its European IoT satellite communication infrastructure and collaborating with the Ecole Polytechnique Fédérale de Lausanne's Space Campus.
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After losing some value lately, a hammer chart pattern has been formed for WISeKey International Holding Ltd. Sponsored ADR (WKEY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
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