INVESTOR PRESENTATION - DECEMBER 2021 - WISEKEY
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Investor Presentation
December 2021 1
Celebrating WISeKey’s
2-Year Listing Anniversary on NASDAQ
AN UPDATE ON OUR PROGRESS
Trends and Opportunities Across the Enterprise
Vision and Growth Strategy for 2022 and Carlos Moreira, CEO
Beyond of WISeKey
2
WISeKey At A Glance : Creating a Trusted Metaverse for the NFT of Everything
using Cybersecurity, IoT, AI and NFTs
WISeKey: Cybersecurity IoT
Technology
• Leader in cybersecurity
• Core technology used to generate digital
identities and authenticate data and IoT 1 New WISeKey is…
• European semiconductor Enabling trust in IoT,
data and identification
• Major Identity Blockchain Player with • Adding Trust to Knowledge Automation -
WISe.art NFT platform Merged delivering next generation business process
automation with the Trust required
AI and Data Technology • A cloud based SaaS offering designed for an
unclear cyberthreat environment -
• Leader in business process automation customer data secured and authenticated
2 • Delivering unprecedented value to
• Next generation Knowledge Automation
enables up to 3x higher automation customers
• Enables full digitization of end-to-end • A TrustedNFT platform conducting high
processes and establishes customer data value NFT auctions Wise.ART
platform to support AI and analytics
3
WISeKey Digital Asset Transactions
Encryption and IoT Objects &
TrustedNFT.IO
authentication of data Sensors
Cybersecurity Digital Identities
at source (PKI)
Encryption of data at Customer Systems &
source (PKI) Data
Encrypted in
transit
HIRO systems
Encrypted data on disk in
cloud HIRO
4
WISeKey Semiconductors : Strategic Critical Asset
• WISeKey Semiconductors contributes to the EU aim to be
independent in chip power with 20% global share as WISeKey
IoT has an installed base of over 1.6 billion chips in virtually
all IoT sectors (smartcards, satellites, smart cities, drones, anti-
counterfeiting, smart lighting, servers, mobile phones, etc.).
• WISeKey sets the security bar even higher. Not only are the
products and solutions certified as Common Criteria compliant,
but also the Company’s Information Security Management
System, as a whole, is certified by an independent
organization against the ISO 27001:2013 standard.
5
WISeKey Cybersecurity IoT AI Technology Portfolio
Workflow Automation AI Automated Brand Protection
Business Processes Automation
Data Automated Digital Identities
Digital Transformation
Automatically Action Data Insights Automated Secure Elements
6
7
WISeKey - ARHT Media
Authenticated Holographic Ecosystem
Capture Studios HoloPresence Displays
Capture presenters live and transmit them to our HoloPresence Holographic Displays for events, meetings, conferences
Displays and to the Virtual Global StageTM and temporary installations.
Capture Studio
Live Transmissions
HoloPresence TM Displays Virtual Global StageTM
CONNECT MULTIPLE CAPTURE STUDIOS AND
HOLOPRESENCE DISPLAYS TO CREATE A TRANSMISSION
HoloPod Displays Virtual Global StageTM
NETWORK OF ANY SIZE FOR YOUR ORGANIZATION.
Permanent HoloPresence Display systems suited Premium online presentation environment with
for offices, meeting rooms and lecture halls. ability to appear in lifesize proportions.
7
Applications
HOLOPRESENCE HOLOPRESENCE VIRTUAL GLOBAL STAGETM
TRANSMISSION NETWORK EVENTS, LECTURES & CONFERENCES ONLINE PRESENTATIONS & EVENTS
Capture Studio
Live Transmissions
Women In Technology Event CPBI FORUM 2019 Strategic Investment Conference 2020
Imperial College London Sunlife Financial Dr. Peter Diamandis
Los Angeles - New York - London Toronto - Vancouver Online
HoloPresence TM Displays Virtual Global StageTM
8
Holopresence Solutions
A PERMANENT HOLOPRESENCE DISPLAY SOLUTION FOR YOUR BUSINESS TO CONNECT MULTIPLE LOCATIONS AND
CREATE A HOLOPRESENCE NETWORK FOR YOUR ORGANIZATION
Audience Camera &
Microphone For 2-Way
Communication
High Quality
Sound System
ARHT’s Proprietary
HoloPresenceTM Display Built In HD
Projector
Outer Casing For
Security & Safety LED Lighting
System
HOLOPOD APPLICATIONS HOLOPOD APPLICATIONS
FOR CORPORATE FOR EDUCATION 9
HoloPresence TM Displays Virtual Global StageTM
The first cost effective and secure IoT
connectivity solution anywhere on
Earth using picosatellites and low-
power sensors.
The aim is to answer the needs of
large IoT deployment in AgTech,
Energy, Logistics and more.
Launch: January 10, 2022 on SpaceX
Shuttle
10World First NFT luxury watch with Hublot and Jacobs
WISeKey and Jacob & Co joined forces to
NFT a Masterpiece – Astronomia Sky –
the epitome of 21st century haute horlogerie
Both companies successfully conducted world premieres to
auction both physical and virtual NFTs with an unpreceded
attention to their combined leadership
https://www.nytimes.com/2021/04/12/fashion/watches-nft-auction-
jean-claude-biver.html
11WISE.ART NFT PLATFORM
12High End Trusted NFTs at WISe.ART
13Patent in USA: Method and apparatus for digital authentication of valuable goods adapted to NFT
14Over 2.5 million luxury objects with WISe.ART NFT digital identities
15NFT PROVENANCE certification solution
PRINCIPLE: The digital certificate is bounded with
the Item
• A Branded Digital Certification Authority issues
certificates - impossible to forge
• Can be verified online anytime/anywhere
• NFT Owners may obtain any data on an item
which brands wish to disclose – e.g. story /
pedigree / documentation / recommendations
• Based on PKI Infrastructure and implementing
the highest level of security commonly used Digital
Certificate
for National Defence, National ID or eBanking
projects
16NFT Transaction Management recorded in the blockchain ledger immutable
17WISe.ART NFT
A trusted TrusteCOIN : WISe.ART 2022 Development
18WISeKey arago acquisition
Robotic Process Automation (RPA)
• Arago positioned HIRO as “IT service
desk automation”
• This domain is dominated by dozens
of RPA vendors
• in 2018, HIRO’s AI model was ahead
of the curve
• In 2021, HIRO is too complex and can
no longer compete in this domain HIRO ?
19WISeKey arago acquisition
10m€
9m€
• Arago lost key customers such as 8m€
Mahle, Swisscom, Accenture, Atos, 7m€
6m€
Deutsche Telekom
5m€
• While revenues plummet from 4m€
3m€
9,5m€ to 2m€
2m€
the cost of cloud operations kept 1m€
rising to 1.8m€ m€
2018 2019 2020 2021 2022
Revenue AWS
20WISeKey repositioning HIRO
• HIRO excels in handling unpredictable
situations signals
1. HIRO to serve cybersecurity processes
1. Early detection feedback
2. Immediate containment diagnose
respond
• Aided response and recovery reinforce
• Nascent but hot market
instructions
customer’s IT environment
21Developments in the US Market
• Celebrating a 15 years collaboration and 100M units shipped with Cisco
• Delivering 2X to the forecasted demand in 2021. An achievement in today’s
constrained market
• Opening of a second additional sourcing site to support continued growth
• Expanding into growing markets
• Global home healthcare (CAGR of 8.7%, Nov 2021)
• Land mobile radio (CAGR of 10.9%)
*Market data from MarketWatch
22Developments in the US Market: Healthcare
• Smart home healthcare
• Intersection of Medical devices and IoT
• Global smart home healthcare market will reach $108.96 billion by 2030, growing by 27.4% annually over 2020-2030
• North America smart home healthcare market will reach $40.25 billion by 2030, growing by 25.7% annually 2021-2030
• The growth of the global home medical equipment market is driven:
o Technological advancements in medical equipment
o Growing need for home based health care
o Pandemic accelerated the growth of remote health care
• Concerns related to patient privacy -> WISeKey security
• A tier-1 medical device maker has selected WISeKey’s VaultIC420 for all next
generation in-home/remote devices
• Protect private patient data
• FIPS 140-2 security certification
*Market date from MarketWatch
23Developments in the US Market: Land Mobile Radio
• Global market is expected to reach $16.2B in 2025 (CAGR of 10.9% from 2017-2025)
• The key driving factors for the growth of the land mobile radio market:
• Increased demand for inexpensive and reliable land mobile radios
• Increased need for efficient critical communication operations
• New applications of land mobile radios in diverse industries
• Transition of communication devices from analog to digital
• WISeKey differentiates itself by delivering:
• Small fraction of the cost for in-house designed crypto module
• FIPS 140-2, Level 2 and Level 3 dual compatibility solution on a single chip
• Telecommunications Industry Association Project 25 (TIA P25) compliant
• Smaller BOM, lower power, and saving board space - tiny 2x3 6-DFN package
• New business won with a leading land mobile radio maker, production units shipping now
• WISeKey’s offering and advantages promise adoption by other radio makers in this segment
*Market data from MarketWatch
24Developments in the US Market: Summary
Revenue growth in existing business WISeKey expanding into
segments
• Networking and communication • Global home healthcare (CAGR of 8.7%)
• Industrial • Land mobile radio (CAGR of 10.9%)
• Drones
• POS terminals
• Gaming
*Market data from MarketWatch
25Key Financials
• Revenue:
• Nine Month 2021: $15.4 Million, a 34% Increase from Nine Month 2020 Period
• This compares to full year 2020 revenue of $14.8 million
• Mostly originating from North America and Europe
• Cash position:
• $33 million as of September 30, 2021, increased by 68% on position at end of 2020 of $19.6 million
• M&A Activity
• In February 2021, acquisition of 51% of arago GmbH which provides AI solutions to enterprise
customers globally through Knowledge Automation.
26Key Interim FY 21 Financial Highlights
SIGNIFICANT R&D INVESTMENTS EXPANDED SALES FORCE
with $2.1 million spent on new products to take advantage of higher demand for strong security,
with a focus on the software element of authentication, brand protection & anti-counterfeiting
our IoT products as well as the creation of services for market segments and with expertise in IoT, PKI,
a specialist NFT team to build the best-in- NFT and AI with a 20% increase in our spend in this area.
class WISeArt platform
REFOCUSED EFFORTS AND RESOURCES DEVELOPMENT OF HIRO AI PLATFORM
on software, NFT and AI, with a JV agreement to with a total of $11.6 million having been invested to
date in the restructuring and development of the arago
develop hardware with a local partner
business
27Three Pillars of Revenue in FY22
• IoT and PKI Revenue: Backlog of Non-Cancellable Orders
$40.0
• Backlog of non-cancellable orders totalling $33.4 million
$35.0
• Growth of 500% against 2020 equivalent position
$30.0
• Supply-side constraints expected to ease in late 2022,
Value ($ M)
$25.0
early 2023 $20.0
• Ceiling of $20.6 million on our 2022 deliverables as of $15.0
today $10.0
$5.0
$0.0
• AI Revenue: 2018 2019 2020 2021
• Revised client offering following significant investment in the HIRO proposition
• New revenue streams anticipated in 2022
• NFT Revenue:
• New revenue generation forecast for H1 2022 based on two elements:
o Fees for the white label sale of the WISeArt platform
o Commissions on all products sold using the WISeArt platform
28Contact us
WISeKey International Holding Ltd
Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
Investor Relations (US)
Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com
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