WISeKey subsidiary
WISeSat.Space and PLD
Space Announce Strategic Joins Force
for the Launch of Next-Generation Ultra Secure
Satellites
GENEVA / ELCHE
– September 14,
2023: WISeKey International Holding Ltd.
(“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), leading global
cybersecurity, AI, Blockchain, and IoT company, today announced it
has joined forces with the Spanish rocket company PLD Space, for
the Launch of Next-Generation Ultra Secure Satellites.
WISeSat.Space, a Swiss pioneering satellite
technology platform with 17 of WISeSat-ready satellites already on
orbit, has signed a strategic partnership with PLD Space, the
European leader in small satellite space launches. Together, they
aim to revolutionize the launch of the next generation of
ultra-secure WISeSat.Space picosatellites for Quantum-Ready
Internet of Things (IoT) communications.
The collaboration seeks to integrate the
VaultIC408 secure element into each network endpoint, ensuring
premium security levels throughout the IoT ecosystem. With a sharp
focus on advanced miniaturization techniques, the partnership's
goal is to provide cost-effective and accessible solutions,
enabling businesses of all sizes to afford dedicated satellites for
their connectivity needs.
To date, seventeen WISeSat-ready satellites have
been launched into orbit with SpaceX as part of an 80-satellite
constellation. These satellites are capable of delivering real-time
IoT connectivity on a global scale for industrial applications,
offering an impressive data latency of merely 10 hours.
Through the joint effort of SEALSQ and WISeSat,
the forthcoming generation of WISeSat-ready satellites will
incorporate groundbreaking post-quantum solutions. The microchips
and devices, engineered to withstand the evolution of computational
power, are suited for a multitude of applications, including
multi-factor authentication devices, to ensure absolute data
security in the quantum age.
Today, this strategic partnership marked a
significant milestone for European Space since PLD Space's MIURA 1
suborbital launcher is the only rocket on a launchpad ready for
launch in Europe. With the imminent launch of MIURA 1, PLD Space
will become the European company to launch the first private rocket
in Europe, which also has recovery and reusability requirements
that only three companies have achieved in space history. This
launch will also allow Spain to become the tenth country in the
world to have direct access to space.
PLD Space is currently negotiating launch
windows with the National Institute for Aerospace Technology
(INTA). The exact launch date is yet to be confirmed due to
security, weather, and operational considerations.
This partnership underscores both companies'
dedication to developing innovative solutions to tackle the
ever-evolving challenges of the digital world. It represents a
significant step towards creating quantum-ready IoT systems that
offer secure, reliable, and real-time connectivity on a global
scale.
PLD Space will announce the launch countdown
after the relevant INTA flight review, a maximum of 24h before
take-off, and will broadcast the launch in live streaming format
from its official YouTube account, website, and social
networks.
About WISeKeyWISeKey (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 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.
About PLD SpacePLD Space is a
leading reference in the space sector and the first to develop a
private rocket in Europe. Headquartered in Elche (Spain), PLD Space
designs, develops, manufactures, and operates reusable launchers
that send satellites of less than 500 Kg into space in the form of
the suborbital MIURA 1 and the orbital MIURA 5.
PLD Space was founded in 2011 by Raúl Torres and Raúl Verdú with
the aim of increasing European access to space. Currently, the
company -which has obtained more than 65 million euros in funding
to date- has a workforce of more than 150 professionals distributed
in three centres located in Elche, Teruel and Huelva, with a total
of more than 150,000 m2 of industrial facilities.
About WISeSAT AG:
A trailblazing Space arm of WISeKey International, a global
cybersecurity leader, WISeSAT AG is at the forefront of creating
Ultra-Secure Picosatellite Solutions in collaboration with its ally
FOSSA Systems. It champions the cause of secure IoT communication
via space-based networks, harnessing the latest cryptographic
innovations to guarantee safe and instantaneous data exchanges
across diverse sectors, safeguarding the sanctity and privacy of
the data transmitted.
Press and investor
contacts:
WISeKey International Holding Ltd Company
Contact: Carlos Moreira Chairman & CEO Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US) Contact: Lena Cati The Equity
Group Inc. Tel: +1 212 836-9611 lcati@equityny.com
PLD SpaceFrancesc CasasCommunications and Public Affairs
Managerfrancesc.casas@pldspace.com
PLD SpaceJosé Manuel
RodríguezCFOjosemanuel.rodriguez@pldspace.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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