WISeKey International Holding Ltd. has updated its full year 2023 revenue guidance to over $30 million, which represents an increase by over 25% compared to revenue reported for FY 2022. For the nine-month period ended September 30, 2023, WISeKey’s total unaudited revenue was $22.6 million, marking a 21% increase from the nine-month period ended September 30, 2022. WISeKey operates as a holding company with four subsidiaries and is also reporting a pipeline of opportunities for IoT semiconductors products totaling $60 million. WISeKey’s diversified growth strategy is beginning to bear fruit, as evident from the accelerated progress at its semiconductors and cybersecurity sectors.
