WISeKey Shares Soar Another 50%, Adding to Last Session’s 139% Surge on SpaceX Satellite Launch Deal
WISeKey shares jumped another 50.4% in morning trading Monday, after soaring 139% in the previous trading day.
WISeKey International Holding shares soared 139% on Friday after the U.S.-listed tech company said a subsidiary would launch a satellite in partnership with Elon Musk's SpaceX.
The cybersecurity, artificial intelligence, and internet of things company said the satellite launch of its subsidiary WISeSat.Space is scheduled for Jan. 14 from the Vandenberg Space Force Base in California.
The satellite will carry technology to protect communications from sophisticated quantum computers that are able to solve problems beyond the ability of classical computers.
"This launch represents a leap forward in our mission to secure IoT communications and prepare for a post-quantum future," said Carlos Moreira, Founder and Chief Executive of WISeKey.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Most Discussed
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10