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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
Geneva, Switzerland, June 17, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that its Board of Directors has formally approved a $10 million strategic investment in WISeSat.Space AG (“WISeSat”), joining its parent company WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY), to accelerate the planned deployment of a ...
WISeKey's WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications
GlobeNewswire News Room· 2025-06-03 13:50
WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications By 2027, WISeSat.Space aims to establish a large constellation of satellites, incorporating WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ, to ensure robust, quantum-resistant communication capabilities from space.The WISeSat satellite constellation aims to accelerate the deployment of its satellite constellation, scale QKD capabilities, and enable a s ...
WISeKey’s WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications
Globenewswire· 2025-06-03 13:50
Core Viewpoint - WISeKey is set to launch its WISeSat 3.0 satellite in mid-June 2025, which will incorporate SEALSQ's Quantum RootKey technology to enhance quantum-safe space communications, addressing emerging quantum threats to global data infrastructure [2][11]. Group 1: Satellite Launch and Technology - The WISeSat 3.0 satellite will be the first to embed SEALSQ's Quantum RootKey, marking a significant advancement in quantum-safe space communications [2][4]. - This satellite will utilize NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, for cryptographic key generation and management [3][4]. - The Quantum RootKey is designed to resist both classical and quantum cyberattacks, ensuring secure communications and digital identity services [4][8]. Group 2: Capabilities and Applications - WISeSat 3.0 will provide secure command authentication, encryption of sensitive data, and post-quantum key distribution for critical infrastructure sectors such as energy and transportation [5][10]. - The satellite will facilitate the secure onboarding of billions of IoT devices, providing quantum-resistant digital identities even in remote areas [5][10]. - The multi-layered quantum-secure platform aims to leverage space's unique properties for scientific breakthroughs, including quantum sensing and secure deep-space exploration [9][11]. Group 3: Infrastructure and Future Plans - WISeSat has established key infrastructure, including a satellite antenna in La Línea, Spain, with plans for another in Switzerland to enhance satellite constellation management [7][10]. - By 2027, WISeSat aims to create a large constellation of satellites that will integrate WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ [7][10]. - The company is positioning itself to enable a scalable "Satellite-as-a-Service" business model, integrating decentralized IoT transactions and post-quantum secure communications [10][11].