Geneva/New York, Feb.18, 2020: Global cybersecurity company WISeKey International Holding Ltd.has announced that it had registered 23 strategic patents in the United States, essential to the “digital transformation” applications that are fueling the growth in the Internet of Things (IoT) market (see list here).
WISeKey already has a portfolio of over 46 patent families covering over 100 fundamental individual patents, making it a key player in various domains, including the design of secure chips, near field communication (NFC), the development of security firmware and backend software, the secure management of data, the improvement of security protocols between connected objects and advanced cryptography.
“Innovation is at the core of everything we do at WISeKey,” commented Carlos Moreira, WISeKey’s CEO and Founder in a written statement. “…which is why we directed more than 18 percent of our annual revenue in 2019 (or approximately $4.5million) to R&D expenses in an effort to keep our products ahead of bad actors who are using the expanding surface area of the IoT landscape to disrupt critical services and cause harm to consumers.”