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Wisekey Stock Drops: Satellite Launch & Investment Impact
Wednesday, Jun 4, 2025 5:56 am ET1min read
Wisekey International Holding Ltd dropped 1.32% in premarket trading, with the company announcing the upcoming launch of WISeSat 3.0, scheduled for the second week of June 2025. This satellite will embed SEALSQ's RootKey, marking a new era of quantum-safe space communications. Additionally, intends to invest $10 million in WISeSat to accelerate the deployment of its satellite constellation and scale QKD capabilities.
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