WISeKey shares are trading higher after the company announced it will be launching new WISeSat-Ready FOSSA powered satellites with SpaceX. The company also announced final distribution ratios for the partial spinoff of SEALSQ.
Portfolio Pulse from Bill Haddad
WISeKey announced the launch of new WISeSat-Ready FOSSA powered satellites with SpaceX and the final distribution ratios for the partial spinoff of SEALSQ. This news has led to an increase in WISeKey's share price.
May 19, 2023 | 7:16 pm
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WISeKey's shares are trading higher after announcing new satellite launches with SpaceX and final distribution ratios for SEALSQ spinoff.
The partnership with SpaceX for launching new satellites and the update on the SEALSQ spinoff are both positive developments for WISeKey. These announcements are likely to boost investor confidence in the company, leading to an increase in its share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100