Workflow
WISeKey Announces Creation QUANTIX EDGE SECURITY Joint Venture with SEALSQ, ODIN Solutions, and TProtege
The Joint The Joint (US:JYNT) GlobeNewswire News Room·2024-06-20 12:30

WISeKey and Subsidiaries Overview - WISeKey secures digital identity ecosystems using Blockchain, AI, and IoT technologies, with over 1.6 billion microchips deployed across IoT sectors [5] - The company's semiconductors generate Big Data analyzed with AI to enable predictive equipment failure prevention [5] - WISeKey's subsidiaries include SEALSQ (semiconductors, PKI, and post-quantum technology), WISeKey SA (RoT and PKI solutions), WISeSat AG (space technology for IoT), and WISe.ART Corp (blockchain NFTs) [27] Quantix EdgeS Joint Venture - Quantix EdgeS is a joint venture between WISeKey, SEALSQ, OdinS, and TProtege, aiming to enhance Spain's cybersecurity and semiconductor capabilities [7][19] - The joint venture aligns with Spain's PERTE Chip initiative, which aims to mobilize €12.25 billion in public investment by 2027 to strengthen the national semiconductor industry [10][20] - Quantix EdgeS focuses on developing a Cybersecurity and Semiconductor Customization Center in Murcia, leveraging public-private partnerships [3][9] SEALSQ and Post-Quantum Technology - SEALSQ, a subsidiary of WISeKey, develops and sells semiconductors, PKI, and post-quantum technology hardware and software products [8] - Post-quantum cryptography (PQC) aims to develop cryptographic methods secure against quantum computer attacks, addressing vulnerabilities in current methods like RSA and ECC [25] OdinS and IoT Innovation - OdinS specializes in IoT, Big Data, and security, with expertise in smart cities, precision agriculture, and AI applied to critical infrastructures [11][23] - The company holds patents in monitoring and telecontrol systems and provides interoperable products for smart cities and energy-efficient buildings [23] - OdinS is involved in collaborative R&D projects and participates in standardization working groups for smart cities and IoT innovation [24] TProtege's Regional Presence - TProtege has a strong regional presence in security and control systems, offering audiovisual engineering, surveillance, and logistics security services [15] - The company focuses on customized solutions and aims to be a benchmark in ICT integrated into the audiovisual and security sectors [15] Strategic Goals and Industry Impact - Quantix EdgeS aims to establish Spain as a global hub for cybersecurity and semiconductor technology, reducing dependency on global semiconductor manufacturing [7][10] - The joint venture leverages WISeKey's global expertise in cybersecurity and SEALSQ's market knowledge in semiconductor hardware and software [21] - Quantix EdgeS is aligned with the EU's Chip Act, which aims to mobilize €43 billion to revive Europe's semiconductor ecosystem [20]