WISeKey, WISeSAT, FOSSA Systems,
and BA Lab Join Forces to Revolutionize the Logistics Industry with
Innovative Satellite Track & Trace Solution
Geneva, Madrid Cadiz, October 2, 2023 – WISeKey, a leading
global cybersecurity company, is proud to announce the signing of a
Strategic Parnership Agreement with WISeSAT, FOSSA Systems, and BA
Lab the technology division of Bernardino Abad SL to form a
strategic partnership aimed at delivering a groundbreaking track
& trace solution for the logistics industry. This collaborative
effort will revolutionize the way smart containers are monitored,
ensuring trust and security throughout the supply chain.
The logistics industry is facing an increasing demand for
transparency, efficiency, and security in the management of goods
and transportation. To address these challenges, WISeKey, WISeSAT,
FOSSA Systems and BA Lab have come together to provide a
comprehensive, disruptive, trusted, and secure satellite track
& trace value proposition for smart containers.
Key highlights of the partnership include:
WISeKey's Cybersecurity Expertise: WISeKey brings its extensive
experience in cybersecurity to the partnership, ensuring the
highest levels of data protection and secure communication between
devices in the logistics ecosystem.
WISeSAT's Satellite Connectivity: WISeSAT's satellite
communication technology will enable seamless and global tracking
of smart containers, even in remote or challenging environments,
ensuring constant connectivity and data integrity amongst
Satellites, nodes and Smart Containers, all feature hardware
security by design, incorporating a VaultIC408 secure element,
providing FIPS 140-2 level 3 and Common Criteria EAL 5+
Certification. The secure element, provisioned with a trusted
identity using WISeKey’s VaultITrust to secure provisioning
services, enables authentication of the sensor and data encryption,
under the framework of a PKI-based security architecture.
Additionally, WISeKey’s Certificate and device Management services
(INeS), can provide the user interface and automation features to
handle onboarding, commissioning and lifecycle management of the
devices and sensors. This complete, device-to-cloud,
state-of-the-art suite of services in IoT security architecture
protected by our WISeID user management and multifactor
authentication, all of this can only be currently found at WISeSAT
as a standalone one-piece vertical solution.
FOSSA Systems manufacture and operate constellations of WISeSAT
Pico Satellites enabling low-power monitoring from those Smart
Container (IoT, using multiple protocols of communications
including Long-Range radio (LoRa), a low-power wide area network
protocol used by most internet of things (IoT) devices, to provide
basic connectivity for monitoring and tracking purposes outside of
terrestrial networks.
BA Lab team's have a solid foundation in innovation,
electronics, with already proven design and engineer IoT devices
that are robust, reliable, and tailored to the unique demands of
the logistics sector. Their deep knowledge designing smart IoT
devices positions them at the forefront of innovation in logistics
technology specially combining them with the right state of the art
technology and satellite communication.
The synergy between these four companies will create a holistic
solution that addresses the logistics industry's most pressing
needs:
Trust: By utilizing WISeKey's cybersecurity expertise, the
partnership ensures the trustworthiness of data and transactions
throughout the supply chain.
Security: Robust security measures will safeguard sensitive
information and protect against cyber threats, ensuring the
integrity of the track & trace system.
Efficiency: Assuring the monitoring and data analytics will
optimize logistics operations, reducing costs and improving overall
efficiency.
Transparency: Stakeholders will have access to accurate and
trusted information about the location and condition of goods,
enhancing transparency and accountability.
Sustainability: The solution will contribute to sustainability
efforts by enabling efficient route planning and resource
utilization.
In a joint statement, the CEOs of WISeKey, WISeSAT, FOSSA
Systems, and BA Lab expressed their excitement about the
partnership's potential to transform the logistics industry. They
emphasized their commitment to providing a comprehensive,
disruptive, trusted, and secure track & trace solution that
will set a new standard for the industry.
This strategic partnership represents a significant step forward
in addressing the evolving challenges of the logistics sector.
WISeKey, WISeSAT, FOSSA Systems, and BA Lab are already
collaborating closely to bring this innovative track & trace
solution to market as already a couple of large Smart Containers
projects for Europe and Asia will be publicly announced very
shortly.
About WISeKey:
WISeKey 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.About WISeSAT: www.wisesat.space
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.
About FOSSA Systems:
FOSSA Systems is a Spanish company that provides dedicated space
services and complete IoT solutions that enable the transmission of
information from devices located anywhere on the planet through
satellite connectivity. FOSSA provides turnkey solutions for
companies of all sizes, from a farmer in Argentina to a corporation
that operates a network of thousands of kilometers of oil
pipelines, 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 by 2024, 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 has launched 17 satellites into orbit.
About BA Lab:
BA Lab a division from Bernardino Abad SL. BA Lab is born from
the union of a group of leading entities in the multimodal
logistics sector, electronic engineering, software development,
hardware development and IoT.
Software, firmware and hardware developers since 1993 with full
specialization in IoT since 2016. Pioneers at European level in the
implementation of ecosystems and Global IoT Solutions among others
in the environment of mobility, fleets of all types and vehicle
sharing. Having sold and installed more than 500,000 devices of its
own design and manufacture.
It has been developing technology for smart containers since
2019 for the sensorization of equipment of logistics companies in
multimodal journeys by land and sea with autonomous systems not
dependent on third-party infrastructures and with satellite
connectivity.
With the capacity to design hardware in an integral way, program
and adapt firmware to the needs of each client, develop management
dashboards and applications for testing and maintenance of fleets
and multi-device systems, and also being telecommunications
operators, they have the ability to offer 360 solutions, with high
flexibility, at the level that the most demanding projects
require.
Press and investor contacts:
WISeKey International Holding Ltd
Company Contact: Carlos Moreira
Founder, Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US)
Contact: Lena Cati
The EquityGroup Inc.
Tel: +1 212 836-9611
lcati@equityny.com
FOSSA Systems SL
Contact: Julian Fernandez
CEO
contact@fossa.systems
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.
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