WISeSat.Space Takes Quantum Leap with Secure IoT Satellites Amid Growing Space Cybersecurity Threats
September 12 2023 - 10:41AM
WISeSat.Space Takes
Quantum Leap with Secure IoT Satellites Amid Growing Space
Cybersecurity Threats
GENEVA – September 12, 2023: WISeKey
International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a
global leader in cybersecurity, digital identity, and Internet of
Things (IoT) solutions operating as a holding company, announced
today the launch of an ultra-secure picosatellite solution via its
subsidiary WISeSat AG. This initiative is specifically designed for
the Quantum-Ready Internet of Things (IoT) communications
market.The cybersecurity landscape of space is rapidly changing,
and with it, the threats faced by satellites. A startling
revelation last April saw hackers from Thales Alenia Space
manipulating ESA's OPS-SAT spacecraft, affecting its operations and
imagery. As if that wasn't alarming enough, a leaked U.S.
intelligence report divulged China's exploration into cyber
weapons, capable of overtaking enemy satellites during wartime
scenarios. This growing list of concerns also includes the
significant disruption caused by the cyber-attack on Viasat's
broadband service last year.WISeSat.Space, alongside SEALSQ, is
addressing these concerns head-on with their groundbreaking
collaboration. By incorporating the VaultIC408 secure element, they
are fortifying each endpoint within the satellite network. This
initiative promises businesses, irrespective of their size, a
cost-effective, ultra-secure means to establish their digital
ecosystems.Seventeen WISeSat-ready satellites have already made
their journey into space via SpaceX, part of an ambitious
80-satellite constellation that aims to offer unparalleled global
IoT connectivity and a remarkable data latency of just 10 hours.But
the vision doesn't stop there. Embracing the quantum era,
WISeSat.Space is fortifying its solutions against the potential
threats posed by quantum computing. Implementing post-quantum
solutions and robust devices, they're setting the standard for
secure multi-factor authentication and critical data transfer in
the age of quantum computing.For those keen on tracking the
progress, the WISeSat-ready Fossa Satellites can be monitored in
real-time at FossaSat-2E1. With a full constellation, users can
witness an impressive revisit time of just 5 minutes.Both SEALSQ
and WISeSat.Space’s innovative strides demonstrate their unwavering
commitment to tackling the multifaceted challenges of the digital
realm.
About WISeSat.SpaceWISeSat.Space
AG is a subsidiary of the WISeKey Group at the forefront of
developing innovative satellite technology. The company is
committed to building and deploying miniaturized, cost-effective
satellites to provide global connectivity for a variety of
applications.About SEALSQSEALSQ (Nasdaq: LAES) is
a 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
Ltd Company 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 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.
WISeKey (NASDAQ:WKEY)
Historical Stock Chart
From Jun 2024 to Jul 2024
WISeKey (NASDAQ:WKEY)
Historical Stock Chart
From Jul 2023 to Jul 2024