WISeSat.Space Takes Quantum Leap with Secure IoT Satellites Amid Growing Space Cybersecurity Threats

By: Wisekey International Holding Ltd. via GlobeNewswire

September 12, 2023 at 10:41 AM EDT

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.Space
WISeSat.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 SEALSQ
SEALSQ (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 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.

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

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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WISeSat.Space Takes Quantum Leap with Secure IoT Satellites Amid Growing Space Cybersecurity Threats

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