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WISeKey Holding Ltd. (WKEY) recently released a letter to shareholders from its Founder and CEO, Carlos Moreira. The letter summarized the company’s recent business developments, financial performance for the first half of 2023, and vision and strategic direction going forward. Highlights include a 39% increase in total unaudited revenue to $15.1 million, and a 38% increase in the semiconductor segment (SEALSQ subsidiary) revenue to $14.8 million. WISeKey has four principal subsidiaries, each playing a crucial role in expanding the technology portfolio. The long-term strategy is to nurture each subsidiary towards maturity and undertake individual IPOs. A key recent milestone was SEALSQ’s listing on the Nasdaq Global Market.
