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WISeKey, WISeSat and Latitude Join Forces to Prepare a Future Secure IoT Satellite Constellation
Globenewswire· 2026-02-05 06:00
Core Insights - WISeKey International Holding Ltd and its subsidiary WISeSat have signed a commercial agreement with Latitude to assess the orbital launch of a secure IoT satellite constellation, aiming to deploy 100 satellites by 2029 to enhance global IoT connectivity and environmental monitoring [1][5][9] Group 1: Strategic Collaboration - The partnership with Latitude is aimed at developing the Zephyr Launcher, a small orbital rocket designed to meet the deployment needs of modern satellite constellations [3][4] - This collaboration is expected to provide a fast, controlled, and mission-compliant deployment that aligns with the stringent security requirements of critical IoT applications [4][11] Group 2: Market Demand and Technological Integration - There is a growing global demand for IoT connectivity for various applications, including environmental monitoring and critical infrastructure oversight, which WISeSat aims to address with its satellite constellation [2][12] - The satellites will incorporate WISeKey's core cybersecurity technologies, ensuring secure data transmission and robust protection for IoT communications [6][7] Group 3: Future Infrastructure Development - The agreement signifies a shift towards a new generation of digital infrastructure that integrates space, cybersecurity, and IoT, which is crucial for data protection in both enterprise and government sectors [6][9] - The collaboration is positioned to support essential applications, providing a sovereign and scalable response to the increasing connectivity needs globally [9][10]
WISeSat.Space announced at Paris Space Week the Launch this fourth quarter with a World First: SEALCOIN Exchange from Space Opening the Way for Blockchain Transactions in Orbit
Globenewswire· 2025-09-16 10:05
Core Insights - WISeKey's subsidiary SEALCOIN AG is set to launch a Low Earth Orbit (LEO) satellite in late 2025, enabling the first-ever satellite-enabled blockchain transaction using SEALCOIN [3][4] - This initiative marks a significant advancement in decentralized IoT economies, allowing secure value exchanges directly from space, which is a world first [4][10] - The upcoming satellite launch is part of SEALCOIN's roadmap to integrate blockchain capabilities within satellites, enhancing autonomous spaceborne infrastructure [10][11] Company Developments - SEALCOIN has successfully demonstrated the integration of blockchain-based value exchange with IoT devices through satellite communications, utilizing the WISeSat LEO constellation and the FOSSA IoT platform [5][10] - The transaction process involves an off-grid IoT device initiating a transaction, which is then relayed via satellite to a connected peer for verification and execution on the Hedera network [6][8][9] - The launch will enhance WISeKey's leadership in cybersecurity, blockchain, IoT, and space technology, with advanced features such as software-defined radio technology and higher data rate communications [12][13] Industry Impact - The ability to conduct secure, decentralized transactions from space opens new applications in sectors like smart agriculture, environmental monitoring, autonomous logistics, and defense systems, particularly in areas lacking reliable connectivity [10] - SEALCOIN's modular architecture supports interoperability with various sensors and satellite operators, positioning it as a backbone for a global, resilient, and borderless IoT economy [11][12] - The integration of satellite data with climate models through WISeSat's IoT satellite constellation is expected to enhance understanding and strategies to combat climate change [14]
SEALSQ Invests $10 Million in WISeSat.Space, at $115 Million Pre-Money Valuation, to Accelerate Planned Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions
Globenewswire· 2025-06-17 13:15
Core Viewpoint - SEALSQ Corp has announced a strategic investment of $10 million in WISeSat.Space AG to accelerate the deployment of a secure, quantum-ready satellite constellation, securing a 9% equity stake in WISeSat based on a pre-money valuation of $115 million [2][3]. Company Summary - SEALSQ focuses on developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [2]. - The investment will enable WISeSat to scale operations and explore strategic partnerships for expanding access to existing satellite infrastructure [3]. - SEALSQ aims to build the world's first quantum-resilient satellite network to provide ultra-secure communications and transactional IoT services globally [6]. Industry Summary - The global quantum communication market was valued at over $1 billion in 2024 and is projected to grow at a CAGR of 31.8% from 2025 to 2030, driven by demand for unbreakable security in finance, healthcare, and defense sectors [7]. - The upcoming launch of WISeSat 3.0 will demonstrate SEALCOIN's capabilities for autonomous, decentralized satellite-to-IoT device transactions, paving the way for a new Satellite-as-a-Service model [8]. - Quantum communication utilizes principles of quantum physics to secure information, making it essential for protecting sensitive data across various sectors, including finance and healthcare [9].