WISeKey Signs MoUs with La Linea and Gibraltar Governments to Develop a Joint 4th Industrial Revolution Center of Excellence Spearheading Innovation in the Region
September 20 2021 - 1:00AM
WISeKey Signs
MoUs with La Linea and Gibraltar
Governments to
Develop a
Joint 4th
Industrial Revolution Center of Excellence Spearheading
Innovation in the Region
Mr. Fabian Picardo,
Chief Minister of Gibraltar and Mr. Juan
Franco, Mayor of La Línea de la
Concepción
@WISeKey join forces
with #Gibraltar @Ayto_LaLinea for a joint #4IR Center of
Excellence
Geneva, Gibraltar, La Linea -
September 20, 2021
– WISeKey International Holding Ltd
(“WISeKey “) (SIX: WIHN,
NASDAQ: WKEY), a leading global cybersecurity, AI, Blockchain
and IoT company, announced
today the signatures of two
Memoranda of
Understanding
(MoUs)
with Mr. Fabian
Picardo, Chief Minister of
Gibraltar and the
Mayor of
La Línea de la
Concepción, Mr.
Juan Franco, for the
development of a joint 4th
Industrial Revolution Center of Excellence
(LLG 4IR Center of Excellence)
spearheading
innovation in the
region.
The 4th Industrial Revolution changes the dynamics of the
technology and value creation chain, cross-border collaboration and
the way companies integrate their research and technology to create
value for their customers. New business and cooperation models
emerge through integrating business partners and clients. The
business model of the joint 4IR Center of Excellence is to assist
innovative start-ups in areas such as AI, Blockchain, IoT,
Satellite, IoT, Drones, Cybersecurity and Quantum to perform
collective R&D activities, promote their technologies
internationally, facilitate the rapid adaptation and on-boarding of
4IR-based solutions, foster stronger collaboration between the
public, private and academic sectors and cooperate to ensure that
the latest technological standards are made available in a safe and
trusted manner.The LLG 4IR Center of Excellence will initialize
operations with the launch of WISeSAT Fossa Systems satellites at
the end of the 2021 calendar year with an earth station located in
La Linea. The objective of this pilot project is to enable the
joint center to become a hub for IoT cybersecurity satellite
deployment and communication under plans being advanced by WISeKey
and Fossa Systems.
“The LLG 4IR Center of Excellence will play a pivotal role in
uplifting the technical skills of the regional workforce and
bringing advanced technology capabilities to realize the digital
transformation of the region. The LLG 4IR Center of Excellence will
also benefit from WISeKey’s operational performance to enable
greater efficiencies and significant cost savings and help further
strengthen their global leadership in 4iE technologies,” said Mr.
Juan Franco, Mayor of La Línea.
“We are excited about the potential of the LLG 4IR Center of
Excellence which is expected to play a key role in accelerating the
digital transformation across Gibraltar, be pivotal in enabling a
paradigm shift for our operations through more digital
technologies, while unlocking new business and operating models,”
said Mr. Fabian Picardo, Chief Minister of Gibraltar.
The LLG 4IR Center of Excellence will connect securely with the
WISeKey Geneva Center of Excellence and will coordinate with other
centers and Blockchain ecosystems around the world, allowing all
partners to fully benefit from shared experiences and resources.
Each Center of Excellence is expected to develop a particular
expertise that can be shared among all
centers.“We are delighted to join forces
with Gibraltar and La Línea
governmental authorities.
Currently, WISeKey is working with several
government and leading global
companies to establish centers of excellence in selected
regions around the world for the
creation of a number of
interconnected Centers of Excellence and has entered into
strategic agreements with a
series of disruptive companies working
with 4IR
technologies. As we can witness with the development of the
Malaga
Valley,
where I was
personally involved with the
planning/development
and have been
serving as Vice President
since 2015, this part of the
world has a unique appeal due to
its geolocation,” said Carlos
Moreira, Founder and CEO
of
WISeKey.About
WISeKeyWISeKey (SIX Swiss Exchange: WIHN) is a leading
global cybersecurity company currently deploying large scale
digital identity ecosystems for people and objects using
Blockchain, AI and IoT respecting the Human as the Fulcrum of the
Internet. WISeKey Microprocessors Secures the pervasive computing
shaping today’s Internet of Everything. WISeKey IoT has an install
base of over 1.5 billion microchips in virtually all IoT
sectors (connected cars, smart cities, drones, agricultural
sensors, anti-counterfeiting, smart lighting, servers,
computers, mobile phones, crypto tokens etc.). WISeKey
is uniquely positioned to be at the edge of IoT as our
semiconductors produce a huge amount of Big Data that, when
analyzed with Artificial Intelligence (AI), can help industrial
applications to predict the failure of their equipment before it
happens.
Our technology is Trusted by the OISTE. WISeKey’s Swiss based
cryptographic Root of Trust (“RoT”) provides secure authentication
and identification, in both physical and virtual environments, for
the Internet of Things, Blockchain and Artificial Intelligence. The
WISeKey RoT serves as a common trust anchor to ensure the integrity
of online transactions among objects and between objects and
people. For more information, visit www.wisekey.com.
Press and investor contacts
WISeKeyCompany Contact:Carlos
MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey
Investor Relations (US)Contact:Lena
CatiThe Equity Group Inc.Tel: +1 212
836-9611lcati@equityny.com |
Disclaimer:This communication expressly or
implicitly contains certain forward-looking statements concerning
WISeKey International Holding Ltd and its business. Such statements
involve certain known and unknown risks, uncertainties and other
factors, which could cause the actual results, financial condition,
performance or achievements of WISeKey International Holding Ltd to
be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. WISeKey International Holding Ltd is providing this
communication as of this date and does not undertake to update any
forward-looking statements contained herein as a result of new
information, future events or otherwise.This press release does not
constitute an offer to sell, or a solicitation of an offer to buy,
any securities, and it does not constitute an offering prospectus
within the meaning of article 652a or article 1156 of the Swiss
Code of Obligations or a listing prospectus within the meaning of
the listing rules of the SIX Swiss Exchange. Investors must rely on
their own evaluation of WISeKey and its securities, including the
merits and risks involved. Nothing contained herein is or shall be
relied on as, a promise or representation as to the future
performance of WISeKey.
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