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SEALSQ and WISeSat Unite to Build Next-Generation Secure Satellite Constellation with Satellite-as-a-Service (SataaS) Model
Monday, 30th December at 8:30 am
Geneva, Switzerland, Dec. 30, 2024 (GLOBE NEWSWIRE) --
SEALSQ and WISeSat Unite to Build Next-Generation Secure Satellite Constellation with Satellite-as-a-Service (SataaS) Model
Less Than Two Weeks to the Launch of the Next-Generation WISeSat Satellite Equipped with SEALSQ Semiconductors
Geneva, Switzerland — December 30, 2024 -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that in cooperation with WISeSat AG ("WISeSat"), a pioneer in satellite-based IoT communication, are set to launch their next-generation satellite in less than two weeks. SEALSQ and WISeSat are both subsidiaries of WISeKey International Holding Ltd ("WISeKey" or the "Company") (NASDAQ: WKEY, SIX: WIHN)), a global leader in cybersecurity, AI, blockchain, and IoT technologies.
This milestone marks a key step in building a revolutionary satellite constellation capable of enabling secure machine-to-machine (M2M) transactions via space. If successful, the launch will initiate testing of advanced technologies that automate and secure communication between machines, powered by SEALSQ's state-of-the-art semiconductors and post-quantum cryptography solutions.
The partnership introduces a Satellite-as-a-Service (SataaS) model, allowing users/industries to access cutting-edge satellite services without investing in or managing complex infrastructures. By offering secure IoT data transmission, real-time M2M automation, and geospatial analytics, this initiative delivers flexible, scalable solutions to a variety of end users in sectors such as logistics, precision agriculture, and critical infrastructure.
Each satellite is equipped with SEALSQ's semiconductors and root of trust cryptography, ensuring protection against emerging threats. The constellation's incremental deployment strategy ensures that each satellite incorporates the latest innovations, creating a continuously evolving and secure network for real-time data transmission and analytics.
By combining SEALSQ's expertise in post-quantum security with WISeSat's satellite communication capabilities, this collaboration establishes a unique and scalable infrastructure in space. Frequent satellite launches will expand the constellation's capacity and coverage, transforming how industries integrate secure, space-based IoT solutions into their operations.
Companies interested in aggregating to the WISeSat satellite constellation can participate through the Partnership Constellation Agreement. This agreement requires an investment of at least $500,000, covering the cost of one satellite and launch. In return, participating companies gain the right to benefit from the entire constellation, leveraging its capabilities for secure IoT data transmission, real-time M2M automation, and advanced space-based solutions tailored to their operations. This partnership represents a bold leap forward in secure communication, automation, and data analytics, driving innovation and meeting the growing demand for resilient and scalable satellite solutions.
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