WISeKey to
Extend its
Footprint to Gibraltar to
Provide Trust Services, in
Collaboration with Continent
8 Technologies
The project is part of
the La Linea
Gibraltar 4th
Industrial Revolution Center of
Excellence“LLG4IR.COM”
and will serve to deliver different cyber-security services
from Gibraltar to the
region.
Gibraltar
(UK), Geneva
(Switzerland) – October
24, 2022 –
WISeKey International Holding (“WISeKey”, SIX: WIHN,
NASDAQ: WKEY), a leading cybersecurity IoT and AI company,
today announced the signing of an agreement with Continent 8
Technologies (Continent 8), a global managed hosting, connectivity
and security company, to deploy a local node of the WISeKey
platform, capable of delivering Trusted Managed Services for
digital identity, IoT and NFT-related projects.
In September 2021, WISeKey announced the signing
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.
This new announcement confirms the commitment of
WISeKey with the project and a solid advance towards the
achievement of the goals to establish a node of the WISeKey
platform in the Campo de Gibraltar 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 LLG 4IR Center of Excellence is to assist innovative
start-ups in areas such as AI, Blockchain, Cloud, 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 node in Gibraltar
is securely with the WISeKey Geneva Center of Excellence and will
coordinate with other 4IR centers around the world, allowing all
partners to fully benefit from shared experiences and resources.
Each Center of Excellence has developed particular expertise that
can be shared among all centers.
With this localized node, the platform delivered
by WISeKey will facilitate access to Digital Identity leveraging
the use of PKI and the OISTE Root of Trust. Based in Switzerland,
WISeKey can ensure the independency of its trust services, allowing
its customers to issue digital identities that are recognized
worldwide. Companies and citizens will also benefit of the unique
benefits of the jurisdiction of Gibraltar, particularly open to
exploit new technologies such as blockchain, cryptocurrencies and
NFT.
The Gibraltar Node will be connected with the
WISeSat Antena installation, carried out on the roof of the La
Línea de la Concepción City Hall building, that lays the
foundations for the new LLG 4IR Center of Excellence, to become the
connection point for the deployment, control, and communication of
IoT satellites, such as the constellation WISeSat developed by
WISeKey. WISeSat is a dedicated and secure IoT connectivity
solution anywhere on Earth that uses picosatellites and low-power
sensors, among other satellite deployments from FOSSA Systems.
Continent 8 is a global provider of managed
hosting, connectivity, cloud and cybersecurity services. Its
cybersecurity offering include DDoS, WAAP, EDR & MDR and SIEM
& SOC solutions. The company has a private connected network
spanning almost 90 locations across four continents. Connecting
Gibraltar to the rest of the world, Continent 8 has established
itself as the leading infrastructure provider in Gibraltar, with
the most secure and well-equipped hosting site in the jurisdiction,
located deep inside the Rock.
The company will be a key partner in WISeKey’s
initiative, reducing notably the time needed to this new node of
the WISeKey platform, which, by its own nature, requires
state-of-the-art technical infrastructures, protected under the
highest standards of physical and logical security
countermeasures.
“This new move demonstrates our commitment with
the project and the signatories of the memoranda to build this
center of excellence. We are happy to have Continent 8 as key
partner in this initiative,” said Carlos Moreira, Founder and CEO
of WISeKey.
“We have been providing world-leading managed
hosting, connectivity and cybersecurity services to businesses
operating in and from Gibraltar since 2011. We are delighted to be
working with WISeKey as they develop their Trusted Managed Services
offering in new regions, as well as their exciting plans
surrounding the development of a 4th Industrial Revolution Center
of Excellence. As a company that is passionate about a local focus
while providing global reach, I am confident that we are a great
fit for WISeKey’s ambitious future,” said David Black, Managing
Director EMEA of Continent 8 Technologies.
The deployment project has already started, with
the expectation to be in full production in Q1 2023.
About WISeKey
WISeKey (NASDAQ: WKEY; 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 secure 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:
WISeKey
International Holding LtdCompany 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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