WISeKey’s Subsidiary WISeSat.Space Reinforces Space Strategy Through Strategic Partnerships and Innovative Projects
December 11 2023 - 9:11AM
WISeKey’s Subsidiary WISeSat.Space
Reinforces Space Strategy Through Strategic Partnerships and
Innovative Projects
Geneva, Switzerland – December 11, 2023 –
WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ:
WKEY), a leader in cybersecurity, digital identity, and Internet of
Things (IoT) solutions operating as a holding company, today
announced that its subsidiary WISeSat.Space, has significantly
enhanced its space strategy through substantial investments and
several strategic collaborations with renowned entities such as
Fossa Systems, the Swiss Armed Forces, PLD Space, SpaceX, and Dubai
Port DP World. These initiatives have elevated WISeKey as a pivotal
player in the sector.
Through the integration of the VaultIC408 secure
element, WISeKey, have made space technology and embedded security
accessible and affordable for governments and businesses of all
sizes, while the upcoming launch of the next generation of
WISeSat-ready satellites, which incorporates post-quantum solutions
will offer absolute data security in the quantum era.
Recent developments and partnerships include:
- Strategic Partnership with the Swiss Armed
ForcesWISeKey's partnership with the Swiss Armed Forces
focuses on developing new capabilities in data security and the
interconnection of objects or communication links. This
collaboration leverages a constellation of small low-orbit
satellites, marking a step forward in technological advancement and
national security.
- WISeKey and FOSSA Systems: Pioneering in Picosatellites
and NanosatellitesSince 2021, WISeKey's collaboration with
FOSSA Systems, a leader in aerospace technology, has led to the
creation of WISeSat.satellite. This security-IoT hardened
FOSSASAT-2E and FEROX satellites aims to significantly reduce
satellite costs. Together, they have launched 17 low-orbit
picosatellites and nanosatellites aboard SpaceX's Transporter
Rideshare 3 mission and plan to expand their constellation with 88
additional satellites in the next couple of years.
- Introducing WISeSAT: Satellite-Based Secure IoT
Connectivity-as-a-ServiceWISeKey's innovative service,
WISeSAT, offers satellite-based secure IoT connectivity as a
turnkey Connectivity-as-a-Service (CaaS) solution. This service
simplifies and reduces the cost of communication links, making
space technology and embedded security accessible to every IoT
business. The miniaturization process adopted in this project
enables cost-effective solutions, challenging traditional
ground-based connectivity.
- Partnership with PLD Space: Advancing Ultra-Secure
Picosatellites with an EU LauncherWISeSat.Space, equipped
with a constellation orbiting WISeSat-ready satellites launched
with SpaceX, has now diversified its launchers strategy by entering
a strategic partnership with PLD Space, a European leader in space
launches. This collaboration aims to set new standards in launching
ultra-secure WISeSat.Space picosatellites and nanosatellites for
Quantum-Ready IoT communications.
- Groundbreaking Security and AccessibilityThe
integration of the VaultIC408 secure element in each network
endpoint by WISeKey and PLD Space guarantees unparalleled security
levels across the IoT ecosystem. Their commitment to advanced
miniaturization makes dedicated satellite connectivity affordable
for businesses of all sizes.
- WISeSat and SEALSQ: Pioneering Post-Quantum
SolutionsIn collaboration with SEALSQ, WISeKey is
preparing to launch the next generation of WISeSat-ready
satellites, incorporating post-quantum solutions. These satellites,
designed to cater to the evolving computational landscape, will
provide robust multi-factor authentication devices and absolute
data security in the quantum era.
About SEALSQSEALSQ Corp (NASDAQ: LAES) is a
wholly owned subsidiary of the WISeKey Group that focuses on
developing and selling Semiconductors, PKI and Post-Quantum
technology hardware and software products. Our Post-Quantum
solutions include Post-Quantum microchips and devices that can be
used in a variety of applications, from Multi-Factor Authentication
devices, Home Automation, and IT Network Infrastructure, to
Automotive, Industrial Automation and Control Systems.
Post-Quantum Cryptography (PQC) refers to cryptographic methods
that are secure against an attack by a quantum computer. As quantum
computers become more powerful, they may be able to break many of
the cryptographic methods that are currently used to protect
sensitive information, such as RSA and Elliptic Curve Cryptography
(ECC). PQC aims to develop new cryptographic methods that are
secure against quantum attacks. For more information,
visit www.sealsq.com
About WISeKeyWISeKey International Holding Ltd
(“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in
cybersecurity, digital identity, and IoT solutions platform. It
operates as a Swiss-based holding company through several
operational subsidiaries, each dedicated to specific aspects of its
technology portfolio. The subsidiaries include (i) SEALSQ Corp
(Nasdaq: LAES), which focuses on semiconductors, PKI, and
post-quantum technology products, (ii) WISeKey SA which specializes
in RoT and PKI solutions for secure authentication and
identification in IoT, Blockchain, and AI, (iii) WISeSat AG which
focuses on space technology for secure satellite communication,
specifically for IoT applications, and (iv) WISe.ART Corp which
focuses on trusted blockchain NFTs and operates the WISe.ART
marketplace for secure NFT transactions.Each subsidiary contributes
to WISeKey’s mission of securing the internet while focusing on
their respective areas of research and expertise. Their
technologies seamlessly integrate into the comprehensive WISeKey
platform. WISeKey secures digital identity ecosystems for
individuals and objects using Blockchain, AI, and IoT technologies.
With over 1.6 billion microchips deployed across various IoT
sectors, WISeKey plays a vital role in securing the Internet of
Everything. The company’s semiconductors generate valuable Big Data
that, when analyzed with AI, enable predictive equipment failure
prevention. Trusted by the OISTE/WISeKey cryptographic Root of
Trust, WISeKey provides secure authentication and identification
for IoT, Blockchain, and AI applications. The WISeKey Root of Trust
ensures the integrity of online transactions between objects and
people. For more information on WISeKey’s strategic direction and
its subsidiary companies, please visit
www.wisekey.com.Press and investor
contacts:WISeKey International Holding LtdCarlos
MoreiraChairman & CEOTel: +41 22 594 3000 /
info@wisekey.com
WISeKey Investor Relations (US)The Equity Group Inc.Lena
CatiTel: +1 212 836-9611 / lcati@equityny.comKatie MurphyTel: +1
212 836-9612 / kmurphy@equityny.comDisclaimer: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
the Swiss Financial Services Act (“FinSA”), the FInSa’s predecessor
legislation or advertising within the meaning of the FinSA.
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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