WISeKey and Swiss Armed Forces Sign a Partnership Agreement to Cooperate in the Development of Space Related Activities Using WISeSAT/Fossa Low-Orbit PicoSatellites Technology
October 13 2022 - 1:00AM
WISeKey and Swiss Armed Forces Sign a Partnership Agreement to
Cooperate in the Development of Space Related Activities Using
WISeSAT/Fossa Low-Orbit PicoSatellites Technology
WISeKey and Swiss Armed
Forces Sign a Partnership
Agreement to Cooperate in
the Development of Space Related
Activities Using
WISeSAT/Fossa
Low-Orbit
PicoSatellites
Technology
Geneva, Bern -
October 13,
2022: WISeKey International Holding Ltd
(“WISeKey “) (SIX: WIHN, NASDAQ: WKEY),
a leading global cybersecurity, Blockchain and IoT platform
company, today announced a partnership with the Swiss Armed Forces
in the Space domain. This partnership between WISeKey and the Swiss
Armed Forces aims to establish the foundation for the development
of new capacities in the field of data security, interconnection of
objects or communication links based on a constellation of small
low-orbit satellites.Since 2021, WISeKey has been cooperating with
FOSSA Systems, a leading aerospace company focused on the
development of picosatellites for IoT communications, to build
WISeSaT.satellite, a security-IoT hardened FOSSASAT-2E satellite
designed to further drive down satellite costs. Since then, WISeKey
in cooperation with FOSSA System has launched 13 low-orbit
picosatellites aboard of SpaceX Transporter Rideshare 3 mission and
plans to create a constellation of 88 additional low-orbit
satellites by end of 2024. Through WISeSAT, its
brand-new-offering-satellite-based secure IoT
connectivity-as-a-service, WISeKey provides the satellite platform,
launch, integration, ground station services and the all the
security architecture and components, as part of a turnkey SaaS
solution for low-power and secure space-based IoT connectivity.
This new service offered by WISeKey reduces the
complexity and cost of the communication link for the end customer
and sets the benefits of space technology and embedded security
within the reach of every IoT business. Miniaturization enables
cost reduction to a level that positions the WISeSAT offering, as a
competitive solution, even compared to traditional ground-based
connectivity like NBIoT networks. Thus, any company could
practically afford the use of such dedicated satellites to provide
connectivity to any size of ecosystems.
"We are proud to partner with the Swiss Armed
Forces in the Space domain,” said Carlos Moreira, WISeKey's Founder
and CEO.
“Our focus is to ensure Switzerland has concrete
development on this cutting-edge technology sector, to provide
Swiss companies with cybersecurity and data integrity in this
sector,” said Pierre Maudet, WISeKey’s Chief Digital Transformation
Officer.
Satellites, nodes and sensors, all feature
hardware security by design, incorporating a VaultIC® 4XX 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 Lifecycle 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,
can only be currently found at WISeKey as a standalone one-piece
vertical solution.
About WISeKey
WISeKey (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”) 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:
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.
Wisekey (LSE:0RF1)
Historical Stock Chart
From Aug 2024 to Sep 2024
Wisekey (LSE:0RF1)
Historical Stock Chart
From Sep 2023 to Sep 2024