Shares of WISeKey International Holding AG (WKEY), a cybersecurity, IoT and AI company, are rising more than 30% Friday morning at $3.0199.
The company today said that in cooperation with FOSSA Systems, a provider of dedicated space services and complete IoT solutions, it plans to launch several new WISeSat-Ready FOSSA powered satellites with SpaceX, adding to the 13 FOSSA satellites already in orbit.
These new satellites will be part of the 80-satellite constellation which FOSSA has been planning to deploy since early 2022, aiming to provide global and real-time IoT connectivity for industrial applications with a 10-hour data latency, WISeKey said.
The launch will be carried out by SpaceX no earlier than June 2023.
WKEY has traded in the range of $1.1800 – $4.1800 in the last 52 weeks.
Source: Read Full Article
-
Analyst Predicts Bitcoin Boom Due to U.S. Debt, Money Debasement, and Global Trends
-
Bitcoin Holds Steady Above $22K Even As Elon Musk's Tesla Dumps 75% Of Its BTC Holdings
-
Bitcoin Enters Full Accumulation Season, With Shrimps and Whales Seizing Their Share Of The Pie
-
Cryptos Rise As Powell Sounds Less Hawkish Than Feared
-
JetBlue Sees Wider Than Expected Loss In Q4, Cuts FY23 Outlook; Stock Dips In Premarket – Update