Benzinga | May 25, 2021 06:38AM EDT

WISeKey International Braces Drone Partnership With Parrot

* Cybersecurity, AI, and IoT company WISeKey International Holding Ltd (NASDAQ: WKEY) expanded partnership with European drone group Parrot. It also entered into a new collaboration with Parrot and a cybersecurity certification and audit company to recognize and offer digital security standards for drones and assessment methods for easier identification of reliable drone solutions.

* "As drone use continues to climb exponentially within the professional sector, Parrot understands the immense need for cutting edge cybersecurity standards," said CTO Victor Vuillard.

* Price action: WKEY shares traded higher by 1.25% at $7.45 in the premarket session on the last check Tuesday.