WISeSAT.Space, a WISeKey Subsidiary, Strengthens Its Strategic Partnership with Swiss Armed Forces in the Space Sector for 2024 and Beyond; Plans Include the Launch of an Enhanced WISeSat Satellite in Q3 2024 Using SpaceX
29 Avril 2024 - 7:00AM
WISeSAT.Space, a subsidiary of WISeKey International Holding Ltd
(“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in
cybersecurity, Blockchain, and IoT platforms, today announced the
strengthening of its strategic partnership with the Swiss Armed
Forces in the space sector for 2024 and beyond. The collaboration
includes plans to launch an enhanced WISeSat satellite in Q3 2024
using SpaceX.
The upgraded WISeSAT.Space satellite will be equipped with
SEALSQ (Nasdaq: LAES) semiconductor technology and WISeKey
cryptographic keys to secure the new FOSSASAT-2E satellite. This
satellite is designed to boost performance in space and
communication capabilities with SEALSQ IoT microchips installed in
devices. In cooperation with FOSSA Systems, WISeSAT.Space has
successfully launched 17 low-orbit satellites mainly aboard the
SpaceX Transporter Rideshare missions and is currently developing a
constellation of 88 additional low-orbit satellites to optimize
global coverage for SEALSQ IoT devices.
WISeSAT.Space's business model is centered on providing global
satellite based secure IoT connectivity as a service. This includes
providing the satellite platform, launch, integration, ground
station services, and all security architecture and components as
part of a comprehensive SaaS solution for low-power, secure
space-based IoT connectivity.
Building upon the comprehensive survey conducted in 2023 on
behalf of armasuisse, the R&D and procurement agency of the
Swiss Ministry of Defense, WISeSAT.Space has garnered invaluable
insights into the capabilities and potential of small satellites
for IoT and signals intelligence (SIGINT) applications for the
Swiss Armed Forces. The mission was to analyze space technologies
relating to IoT and secure communications for national security and
defense applications, tailored to the Swiss Space Domain's unique
needs.
For 2024, the focus is on a telecommunication in LEO-IoT (Low
Earth Orbit Internet of Things) project aimed at advancing the
findings of the 2023 study. Key objectives outlined by the Swiss
Armed Forces include expanding the IoBT (Internet Of Battlefield
Things) and SIGINT concepts to explore the feasibility of utilizing
space segments with low frequencies for electronic reconnaissance
purposes. The project also aims to demonstrate recurring narrowband
connections between objects via WISeSAT satellites and ground
stations to enhance training for Mission Control Centre processes
and explore potential uses of IoT payloads as hosted payloads on
other space segments.
A comprehensive study will be conducted to delve into advanced
encryption protocols and network utility enhancements while
minimizing susceptibility to SIGINT detection, interception, and
jamming. Initial concepts for IoT payloads on various platforms and
their application for SIGINT purposes will be explored.
In the subsequent phase, the focus will shift towards developing
or integrating implementations based on identified open-source
resources in the initial study. Operational training and
demonstrations will provide an overview of the system, configuring
satellites, and common software usage. This phase may also include
ground and user segment demonstrations, along with configuration
options and operational considerations. Insights and lessons
learned from this phase will be incorporated into the final study
report.
The partnership between WISeKey and the Swiss Armed Forces was
signed in 2022 and is part of the private/public cooperation
applied to the space sector. The intent of the Swiss Armed Forces
to develop space-based capabilities has been published in August
2023 as part of a new strategy for defense.
About WISeKeyWISeKey (NASDAQ: WKEY / SIX Swiss
Exchange: WIHN) is a leading global cybersecurity platform company
currently deploying large scale digital identity ecosystems for
people and objects respecting the Human as the Fulcrum of the
Internet. The WISeKey IoT technology stack includes a range of
technologies such as Semiconductors, eIDs, Blockchain, NFTs, Post
Quantum, Pico Satellites and Trust acting seamlessly as a platform
which secures the simple connection of objects to the Internet to
the most complex applications that use these connected objects, the
data they gather and communicate and the different steps needed to
power these applications.
The WISeKey Semiconductors Secures the pervasive computing
shaping today’s Internet of Everything. WISeKey IoT has an
installed base of over 1.5 billion microchips in virtually all IoT
sectors (connected cars, smart cities, drones, agricultural
sensors, anti-counterfeiting, NFTs, smart lighting, servers,
computers, mobile phones, crypto tokens etc.)
Our technology is Trusted by the OISTE/WISeKey’s Swiss based
cryptographic Root of Trust (“RoT”) that provides secure
authentication and identification, in both physical and virtual
environments, for the Internet of Things. 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 because 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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