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WISeKey, SEALSQ and WISeSat.Space Successfully Launch Their New Satellite Aboard SpaceX Mission
Globenewswire· 2025-12-01 06:00
Core Insights - WISeKey, along with its subsidiaries SEALSQ and WISeSat, successfully launched a new satellite aboard a SpaceX mission, marking a significant milestone in their strategy to deploy a secure satellite constellation for IoT and cybersecurity services globally [3][4][5] Company Developments - The satellite was launched on a SpaceX Falcon 9 Transporter 16, enhancing WISeSat's collaboration with SpaceX as a trusted launch partner, and expanding its constellation for improved data availability in various applications [4][5] - The CEO of WISeKey emphasized that this launch strengthens Europe's capacity for sovereign space-based secure communications and integrates with SEALSQ's post-quantum technology for enhanced trust and privacy [5][6] - The newly launched satellite is designed to improve performance and resilience, supporting industrial IoT applications, environmental monitoring, and secure communications [5][6] Technological Innovations - The satellite features software-defined radio (SDR) technology for flexible in-orbit reconfiguration, higher data-rate communications for robust data transfer, and quantum-safe key distribution for critical infrastructure [6][7] - The integration of technologies from WISeKey, SEALSQ, and Hedera positions the WISeSat platform as a benchmark for post-quantum security in space, facilitating secure transactions and tokenized satellite services [8] Infrastructure Expansion - WISeSat has expanded its ground infrastructure with a dedicated satellite antenna in La Línea, Spain, and plans additional installations in Switzerland to enhance real-time monitoring and mission control [9]
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].