
Core Viewpoint - WISeKey's subsidiary WISeSat.Space is advancing the development of a European Low Earth Orbit (LEO) satellite constellation to provide a competitive alternative to existing networks like SpaceX's Starlink and China's Thousand Sails, emphasizing the need for technological independence and secure data transmission in Europe [1][6]. Group 1: Satellite Development and Launch Plans - WISeSat.Space has launched 17 mini-satellites in partnership with Fossa Systems and plans to deploy an additional 88 satellites over the next 36 months, including a next-generation satellite expected in January 2025 [2]. - By 2027, WISeSat.Space aims to establish a constellation of 100 satellites, utilizing WISeKey's cryptographic keys and semiconductor technology from SEALSQ Corp to ensure robust communication capabilities [3]. Group 2: Strategic Importance of Satellite Networks - The development of LEO satellite constellations is crucial for data sovereignty, national security, and economic benefits, allowing nations to provide affordable connectivity to underserved regions [5]. - WISeKey's CEO highlighted the necessity of a European satellite infrastructure to maintain technological and geopolitical relevance, ensuring data sovereignty and fostering innovation [6]. Group 3: Partnerships and Collaborations - WISeKey has partnered with the Swiss Army to integrate secure IoT connectivity solutions into military operations, enhancing logistics and disaster response capabilities [7]. - The company is leveraging public-private partnerships and strategic alliances, including collaborations with the European Space Agency, to support the development and deployment of the satellite constellation [6]. Group 4: Upcoming Events and Industry Engagement - WISeKey will host a high-level roundtable at the World Economic Forum in January 2025, focusing on the strategic expansion of WISeSat.Space's infrastructure and the implications of satellite technology on global connectivity [9].