WISeKey International (WKEY)
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WISeKey International Holding AG (Nasdaq: WKEY) and Columbus Acquisition Corp. (Nasdaq: COLA) Execute Definitive Business Combination Agreement to Publicly List WISeKey’s Subsidiary WISeSat.Space Corp. Under The Name WISeSat.Space Holdings
Globenewswire· 2025-11-10 06:00
Core Viewpoint - WISeKey International Holding AG and Columbus Acquisition Corp. have entered into a definitive Business Combination Agreement to publicly list WISeKey's subsidiary, WISeSat.Space Corp., under the name WISeSat.Space Holdings Corp. This transaction is expected to close in the first half of 2026, with WISeKey receiving $250 million in equity from the new entity [1][5][6]. Company Overview - WISeSat, through its subsidiary WISeSat.Space AG, offers a next-generation satellite platform designed for secure and cost-effective IoT connectivity. The platform utilizes post-quantum cryptographic technology from SEALSQ Corp, enabling real-time communication for various industries [2][15]. - WISeSat has launched 22 satellites, with 14 currently operational, and aims to deploy a total of 100 satellites by 2030 to enhance secure IoT connectivity [2][4]. Upcoming Developments - In November 2025, WISeSat plans to launch a next-generation post-quantum-secure satellite equipped with SEALSQ's Quantum Shield technology, marking a significant step in developing quantum-resilient satellite-based IoT connectivity [3][4]. Management Commentary - Carlos Moreira, CEO of WISeKey, emphasized that this transaction accelerates the commercialization of their satellite-based cybersecurity and IoT ecosystem, positioning WISeSat as an independent publicly listed space-tech company [4][5]. - Fen Zhang, CEO of Columbus, expressed excitement about the transaction, highlighting WISeSat's potential in secure satellite communications and the long-term benefits for shareholders [5]. Business Combination Agreement Details - Under the Business Combination Agreement, WISeKey will receive 25 million shares of the new entity at an implied value of $10 per share, resulting in a $250 million equity valuation. The agreement also includes provisions for cash investments from WISeKey and SEALSQ [5][6]. - The transaction has been unanimously approved by the boards of directors of both companies and is subject to shareholder approval and customary closing conditions [6][7].
WISeKey and Swiss Armed Forces Advance Quantum-Secure Satellite Security
Globenewswire· 2025-11-04 06:00
Core Insights - WISeKey and its subsidiary WISeSat.Space are collaborating with the Swiss Armed Forces to enhance Switzerland's sovereign space and cybersecurity infrastructure through secure satellite communication and post-quantum cryptographic technologies [1][3][4] Group 1: Partnership Development - The partnership with the Swiss Armed Forces, initiated in 2022, focuses on developing secure satellite-based communications, reconnaissance, and navigation systems to reduce reliance on foreign providers [3][5] - Joint research and development efforts have included testing small-satellite and secure communications capabilities, integrating SEALSQ's post-quantum semiconductors for enhanced security [4][6] Group 2: Security Enhancements - The collaboration aims to create a zero-trust orbital network that ensures end-to-end encryption for satellite communications, addressing vulnerabilities highlighted in recent reports [2][4] - The operational partnership supports the SAF's strategy for secure satellite-enabled mobile communications, reinforcing defense capabilities [5][6] Group 3: Technological Innovations - WISeSat.Space is focused on deploying a secure IoT satellite constellation, leveraging WISeKey's digital identity and SEALSQ's post-quantum secure semiconductors [7] - SEALSQ is developing post-quantum semiconductors designed to protect sensitive data across various applications, ensuring resilience against quantum computing threats [8][9]
SEALSQ, WISeKey and Swiss Armed Forces Advance Quantum-Secure Satellite Security
Globenewswire· 2025-11-04 06:00
Core Insights - SEALSQ Corp is advancing its collaboration with the Swiss Armed Forces to enhance Switzerland's sovereign space and cybersecurity infrastructure through secure IoT satellites and post-quantum cryptographic technologies [1][3][4] - The partnership aims to develop secure satellite-based communications, reconnaissance, and navigation systems, reducing reliance on foreign providers and enhancing national resilience [3][4] - The collaboration has evolved to integrate SEALSQ's post-quantum semiconductors, ensuring quantum-resilient encryption for satellite communications, addressing vulnerabilities in the satellite communications ecosystem [4][6] Company Overview - SEALSQ Corp focuses on developing semiconductors, PKI, and post-quantum technology products, contributing to secure digital identity and encryption solutions [1][10] - WISeKey International Holding Ltd, the parent company, is a leader in cybersecurity, digital identity, and IoT solutions, operating through several subsidiaries, including SEALSQ [8][9] - WISeSat.Space, a joint venture between WISeKey and SEALSQ, is dedicated to deploying a secure IoT satellite constellation, leveraging trusted digital identity and post-quantum secure semiconductors [7][8] Strategic Developments - The partnership with the Swiss Armed Forces has been ongoing since 2022, focusing on research, development, and mission testing of secure communications capabilities [4][5] - The Swiss Armed Forces aim to ensure secure satellite-enabled mobile communications as part of their strategy to reinforce defense capabilities, with a focus on partnerships with national industrial companies [5][6] - The integration of post-quantum encryption into Direct-to-Device connectivity is a key goal of the operational partnership, enhancing security and operational autonomy for military needs [6][4]
WISeKey Affiliate WISeSat.Space Teams Up with INNOSPACE for Post-Quantum Satellite Launches
Globenewswire· 2025-10-29 06:00
Core Insights - WISeKey International Holding has formed a strategic partnership with INNOSPACE to enhance secure satellite deployment and communication capabilities [3][4][5] - The collaboration aims to leverage South Korea's growing space ecosystem and INNOSPACE's launch technology to support various sectors including cybersecurity and IoT [5][6] - This partnership is positioned to address the increasing demand for satellite connectivity solutions in the European market [6] Company Overview - WISeKey operates as a global leader in cybersecurity, AI, and IoT solutions, with a focus on secure satellite communications through its subsidiary WISeSat [10][11] - WISeSat is dedicated to providing quantum-resistant IoT connectivity solutions and aims to establish a comprehensive satellite infrastructure [4][9] - INNOSPACE specializes in satellite launcher manufacturing and has developed hybrid rocket-powered small satellite launchers to offer low-cost and reliable launch services [12] Strategic Goals - The partnership will enable WISeSat to diversify its satellite launch locations and expedite infrastructure establishment [4] - Both companies will explore further opportunities in space-based cybersecurity and AI-driven satellite applications [7] - The collaboration emphasizes the importance of international cooperation in advancing secure and sustainable space technology [6]
WISeKey’s WISeSat.Space to Test Post-Quantum Communication from Space During SpaceX Launch on November 10, 2025
Globenewswire· 2025-10-15 05:00
Core Insights - WISeKey's subsidiary WISeSat.Space is set to launch a nanosatellite equipped with SEALSQ's post-quantum cryptographic technology aboard a SpaceX Falcon 9 rocket on November 10, 2025, from California [1][2] - The satellite will serve as a testbed for post-quantum communication protocols, marking a significant step towards quantum-resilient satellite-based IoT connectivity [2][3] - The mission emphasizes WISeSat's commitment to secure, sovereign, and sustainable space communications capable of withstanding cybersecurity challenges posed by quantum computing [2][4] Technology and Innovation - The WISeSat satellite integrates SEALSQ's post-quantum cryptographic semiconductors and WISeKey's Root of Trust, enabling secure end-to-end communication between satellites, ground stations, and IoT devices [3] - This launch will be one of the first demonstrations of post-quantum encryption tested in orbit, providing real-time validation of SEALSQ's technology in space conditions [3][4] - The forthcoming satellite launch will lead to the deployment of four additional post-quantum-ready satellites in 2026, each incorporating enhanced SEALSQ technologies [6] Market Applications - WISeSat's nanosatellite constellation aims to deliver real-time, low-cost, and secure IoT connectivity across various sectors, including energy, logistics, infrastructure, and climate monitoring [5] - The advanced encryption and distributed ledger integration will support tamper-proof, decentralized communication frameworks for critical global applications [5] Company Overview - WISeKey International Holding Ltd operates through several subsidiaries, including SEALSQ Corp, WISeKey SA, and WISeSat AG, each focusing on specific technology areas [7][8] - The company has deployed over 1.6 billion microchips across various IoT sectors, playing a vital role in securing the Internet of Everything [8]
WISeKey's WISeSat.Space to Test Post-Quantum Communication from Space During SpaceX Launch on November 10, 2025
Globenewswire· 2025-10-15 05:00
Core Insights - WISeKey's subsidiary WISeSat.Space is set to launch a nanosatellite equipped with SEALSQ's post-quantum cryptographic technology aboard a SpaceX Falcon 9 rocket on November 10, 2025, from California [1][2] - The satellite will serve as a testbed for post-quantum communication protocols, marking a significant step towards quantum-resilient satellite-based IoT connectivity [2][3] - The mission emphasizes WISeSat's commitment to secure, sovereign, and sustainable space communications capable of addressing cybersecurity challenges posed by quantum computing [2][4] Technology and Innovation - The WISeSat satellite integrates SEALSQ's post-quantum cryptographic semiconductors and WISeKey's Root of Trust, enabling secure end-to-end communication between satellites, ground stations, and IoT devices [3] - This launch will be one of the first demonstrations of post-quantum encryption tested in orbit, providing real-time validation of SEALSQ's technology in space conditions [3][4] - The upcoming satellite launch will lead to the deployment of four additional post-quantum-ready satellites in 2026, each incorporating enhanced SEALSQ technologies [6] Strategic Vision - Carlos Moreira, CEO of WISeKey, highlighted that the launch represents a milestone in showcasing the future of trusted connectivity that is quantum-secure and universally accessible [4] - The mission aims to build a global, resilient, and sovereign infrastructure to safeguard digital assets against emerging cybersecurity threats [4] - WISeSat's nanosatellite constellation is designed to provide real-time, low-cost, and secure IoT connectivity across various sectors, including energy, logistics, infrastructure, and climate monitoring [5] Company Overview - WISeKey International Holding Ltd operates through several subsidiaries, including SEALSQ Corp, which focuses on semiconductors and post-quantum technology products, and WISeSat AG, which specializes in secure satellite communication for IoT applications [7][8] - The company has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [8] - WISeKey's technologies integrate into a comprehensive platform that secures digital identity ecosystems using Blockchain, AI, and IoT technologies [8]
WISeKey Announces 9M 2025 Preliminary Revenue and Key Financial Metrics
Globenewswire· 2025-10-14 05:00
Core Insights - WISeKey International Holding Ltd. reported preliminary unaudited revenue of $10.6 million for the first nine months of 2025, reflecting a 39% year-on-year growth compared to $7.6 million in the same period last year [5][6] - The company reaffirmed its full-year 2025 revenue guidance, projecting revenue between $18 million and $21 million, which represents a year-on-year growth of 51% to 76% [5][6] - The CEO highlighted a strategic shift towards post-quantum technologies, with expectations for continued growth driven by new product launches and acquisitions [4][6] Financial Metrics - Preliminary unaudited revenue for 9M 2025 was $10.6 million, a 39% increase from $7.6 million in 9M 2024 [5][6] - The company maintains a strong cash position of $228 million as of October 10, 2025, providing liquidity for innovation and expansion [6] - FY 2025 revenue guidance is set between $18 million and $21 million, indicating a significant growth trajectory [5][6] Growth Outlook - The company anticipates a revenue surge of 50% to 100% for FY 2026 compared to FY 2025, driven by new product launches and full-year consolidation of IC'ALPS [6][5] - Upcoming product launches include Quantum Shield QS7001™ and QVault™ TPM solutions, scheduled for November 2025 [5][6] - The integration of new offerings and solutions is expected to enhance revenue streams and support global expansion [5][6] Strategic Initiatives - WISeKey is focused on building a resilient technology ecosystem through its Convergence strategy, integrating semiconductors, trust services, and digital identity [10][9] - The company is expanding its Quantum Corridor initiative with projects in India, UAE, and Brazil to enhance regional post-quantum cryptography infrastructure [18][19] - Strategic partnerships and technological advancements are aimed at reinforcing WISeKey's leadership in the global cybersecurity and digital trust ecosystem [7][9] Product Development - The company is developing post-quantum secure chips, including QS7001 and QVault™ TPM, targeting mission-critical sectors such as defense and IoT [20][15] - New solutions are being introduced to safeguard AI operations against quantum threats, leveraging expertise in post-quantum cryptography [11][12] - The WISeID platform is designed to secure digital identities and transactions, supporting emerging applications in smart home devices and digital identity services [17][22]
WISeKey's Subsidiaries, SEALSQ and SEALCOIN AG, Unite to Future-Proof AI Agents with Post-Quantum Security
Globenewswire· 2025-10-01 14:00
Core Viewpoint - WISeKey's subsidiaries SEALSQ and SEALCOIN AG are collaborating to enhance the security of AI agents against quantum computing threats by introducing post-quantum cryptography solutions [1][2][3] Group 1: Company Initiatives - SEALSQ is launching a suite of solutions that integrate post-quantum cryptography to protect AI operations from quantum attacks, utilizing NIST-recommended algorithms and secure element chips [2][8] - SEALCOIN AG is embedding quantum-resistant cryptography into its infrastructure, covering identity certificates, wallet authorizations, and smart contract execution [2][5] - The collaboration aims to ensure AI agents can operate securely across various sectors, including IoT, autonomous vehicles, and healthcare [2][9] Group 2: Educational Efforts - SEALCOIN AG has released an educational video series on Secure AI Agents, emphasizing the importance of cryptographic identity and trusted transactions for AI autonomy [3][4] - The series discusses the foundational principles of secure agent autonomy and the role of quantum-resilient infrastructure in maintaining trust and autonomy in AI systems [4][5] Group 3: Company Roles and Focus - SEALCOIN AG clarifies its role as a provider of infrastructure for AI agents rather than developing AI models or solutions, focusing on enabling secure and autonomous operations [5][6] - The company emphasizes its technology as essential building blocks for developers and enterprises to create meaningful AI applications [6][7] Group 4: Industry Context - The rise of quantum computing poses significant threats to current cryptographic systems, necessitating advancements in quantum-resistant technologies [2][8] - SEALSQ is at the forefront of developing post-quantum semiconductors to protect sensitive data across various applications, ensuring resilience against quantum threats [9][8]
WISeKey’s Subsidiaries, SEALSQ and SEALCOIN AG, Unite to Future-Proof AI Agents with Post-Quantum Security
Globenewswire· 2025-10-01 14:00
Core Insights - WISeKey's subsidiaries SEALSQ and SEALCOIN AG are collaborating to enhance the security of AI agents against quantum computing threats by introducing post-quantum security solutions [1][2][3] Group 1: Company Initiatives - SEALSQ is launching a suite of solutions that integrate post-quantum cryptography (PQC) to protect AI operations from quantum attacks, utilizing NIST-recommended algorithms and secure element chips [2][8] - SEALCOIN AG is embedding quantum-resistant cryptography into its infrastructure, ensuring secure identity certificates, wallet authorizations, and smart contract executions [2][4] - The collaboration aims to future-proof AI agents, making them reliable even in the quantum era, as stated by WISeKey's CEO Carlos Moreira [3][4] Group 2: Educational Efforts - SEALCOIN AG has released an educational video series on Secure AI Agents, with the latest episode focusing on post-quantum security [3][4] - The series outlines the importance of cryptographic identity and secure transactions for AI agents, emphasizing the need for a secure infrastructure [4][5] Group 3: Technology Overview - SEALCOIN AG provides essential infrastructure for AI agents, including verifiable identity, cryptographic wallets, and decentralized execution capabilities [5][6] - SEALSQ specializes in post-quantum technology, developing semiconductors and cryptographic solutions to address security challenges posed by quantum computing [8][9] Group 4: Market Positioning - SEALCOIN AG clarifies its role as a provider of infrastructure rather than AI solutions, focusing on enabling secure and autonomous AI operations [5][6] - The company positions itself as a foundational technology provider, akin to supplying tools for developers to create secure AI applications [6][7]
SEALSQ and SEALCOIN AG Unite to Future-Proof AI Agents with Post-Quantum Security
Globenewswire· 2025-10-01 13:20
Core Insights - SEALSQ Corp has announced a collaboration with SEALCOIN AG to develop solutions that protect AI agents from quantum computing threats, leveraging post-quantum cryptography and trusted semiconductor technologies [1][2][3] Group 1: Company Overview - SEALSQ focuses on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [1][10] - SEALCOIN AG is a subsidiary of WISeKey International Holding Ltd, concentrating on decentralized physical internet and the development of the SEALCOIN platform [1][8] - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, with over 1.6 billion microchips deployed across various IoT sectors [8][9] Group 2: Technological Innovations - The collaboration aims to embed quantum-resistant cryptography into all layers of AI agent infrastructure, ensuring secure identity certificates, wallet authorizations, and smart contract execution [2] - SEALSQ's post-quantum secure AI framework integrates NIST-recommended PQC algorithms with secure element chips, providing robust identity and authentication [2][11] - The technology includes homomorphic encryption optimized for SEALSQ hardware, enabling confidential inference and trusted execution environments against both classical and quantum-level attacks [2][11] Group 3: Educational Initiatives - The announcement coincides with the release of Episode 6 in SEALCOIN AG's educational video series on Secure AI Agents, which discusses the importance of quantum-resilient infrastructure [3][4] - The series emphasizes the need for cryptographic identity and verifiable transactions to prevent spoofing and manipulation in AI agents [4] Group 4: Market Positioning - SEALCOIN AG clarifies its role as a provider of infrastructure for AI agents rather than developing AI models or solutions, focusing on enabling secure and autonomous operations [5][6] - The company positions itself as a foundational technology provider, akin to supplying essential tools for developers and enterprises to build secure AI applications [6]