WISeKey and FOSSA Systems Successfully
Launched New WISeSat-Ready Satellites with SpaceX Falcon 9 on the
Transporter-8 Mission
https://twitter.com/SpaceX/status/1668371641657614337
Geneva and Zug
Switzerland – June 13, 2023 – WISeKey International Holding Ltd
(“WISeKey”, SIX: WIHN; Nasdaq: WKEY), a leading cybersecurity, IoT
and AI company, announced that in cooperation with FOSSA Systems
(“FOSSA”) launched a new generation of nanosatellites, FEROX
WISeSat-Ready FOSSA powered satellites with SpaceX, adding to the
13 satellites already in orbit.
These new satellites
are part of the 80-satellite constellation which FOSSA has been
planning to deploy since early 2022, aiming to provide global and
real-time IoT connectivity for industrial applications with a
10-hour data latency. The launch was carried out by SpaceX on
a Falcon 9 Vehicle.
This next-generation
will deliver higher capacity services in a commercial manner for a
wider range of applications, supporting IoT and other space-related
services in areas such as communications or remote sensing in the
fields of Signal Intelligence.
The WISeSaT Satellite
is a security-IoT hardened nanosatellite designed to further drive
down satellite costs for IoT applications. As more satellites are
deployed, WISeSat and FOSSA will offer lower latency times,
reaching near real-time data with the 80 satellites projected for
2024. This new FEROX generation of satellites provides
unprecedented capabilities comparable to that of 6 – 12U satellites
in a fraction of the size, mass, and cost.
These WISeSaT ready
platforms will enable secure and robust IoT connectivity and
space-enabled services for assets in remote locations and
applications such as maritime shipment, emergency locators,
agriculture or farming.
WISeKey is offering
this technology to its IoT clients in a SaaS model allowing both
remote and redundant urban IoT communications for companies seeking
to securely connect their assets via satellite communication
covering large and unserved geographic areas such as maritime,
deserts, mountains, etc., at affordable prices.
WISeKey Trust and
Security solutions offer unique integration into an end-to-end
platform that communicates in real-time with WISeSat. Satellite by
ensuring the authenticity, confidentiality, and integrity of the
devices, objects, data and transactions.WISeKey’s INeS platform
uses state-of-the-art cryptographic algorithms to meet the highest
standards for issuing, managing, and validating digital credentials
for IoT devices, including those connected with
WISeSaT.Satellite.
This platform is
scalable and can support environments for hundreds of millions of
devices and sensors and is able to remotely collect data from the
field and transmit to the backend.
Additionally, INeS
features Entity Management (any custom attributes such as
identities, group, type, role, and life cycle), Message Security
Policy Management, and Business Rules Management. Interfacing via
the cloud and connecting devices and applications, INeS is capable
of remotely identifying credentials and controlling activation,
deactivation, revocation, renewal, and secure provisioning.
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 installed base of over 1.6 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 leading edge of IoT as
our semiconductors produce a huge amount of Big Data that, when
analyzed with Artificial Intelligence (AI), can help industrial
applications 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.
About FOSSA
FOSSA Systems is a
Spanish company that provides dedicated space services and complete
IoT solutions that enable the transmission of information from a
device located anywhere on the planet through satellite
connectivity. FOSSA provides turnkey solutions for companies of all
sizes with satellite & IoT as its core. FOSSA is pioneering a
market that currently has 10 billion connected devices and that it
expects to have more than 25 billion by 2025. With their
80-satellite constellation, they expect to connect millions of
devices directly to their network, offering global and real-time
direct-to-device LPWAN coverage. FOSSA has verticalized the
manufacturing process of satellites, space operations and ground
segment services and currently has 13 satellites in orbit.
Press and Investor
contacts:FOSSA Systems S.L.Julian
Fernandez at contact@fossa.systems
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