WISeKey in Cooperation with FOSSA Launched 7 New WISeSat FOSSA Secured Satellites Creating One of the Largest European IoT Constellations in History
June 02 2022 - 12:22PM
WISeKey
in Cooperation with
FOSSA Launched 7
New WISeSat
FOSSA Secured
Satellites
Creating
One of the
Largest European IoT
Constellations in
History
Geneva and Zug Switzerland – June 2, 2022 – WISeKey
International Holding Ltd (“WISeKey”, SIX: WIHN), a leading
cybersecurity, IoT and AI company, announced that in cooperation
with FOSSA Systems has launched 7 new WISeSat FOSSA secured
satellites creating one of the largest European IoT constellations
in history. FOSSA has increased to 13 the WISeSat-ready
constellation in orbit, becoming the Spanish satellite operator
with the largest constellation.
The project will be presented to investors and partners during
the FT https://ftspace.live.ft.com/“Investing in Space” event in
London on June 9, 2022.
The WISeSaT Satellite is a security-IoT hardened FOSSASAT-2E
picosatellite designed to further drive down satellite costs for
IoT applications. These WISeSaT ready platforms will enable secure
and robust IoT connectivity and space-enabled services for assets
in remote locations and applications such as maritime shipment,
emergency locators, agriculture or farming.
WISeKey is offering this technology to its IoT clients in a SaaS
model allowing both remote and redundant urban IoT communications
for companies seeking to securely connect their assets via
satellite communication covering large and unserved geographic
areas such as maritime, deserts, mountains, etc., at affordable
prices. WISeKey Trust and Security solutions offer unique
integration into an end-to-end platform that communicates in
real-time with the WISeSat. Satellite by ensuring the authenticity,
confidentiality, and integrity of the devices, objects, data and
transactions.
WISeKey’s INeS platform uses state-of-the-art cryptographic
algorithms to meet the highest standards for issuing, managing, and
validating digital credentials for IoT devices and now those to be
connected with WISeSaT.Satellite. This platform is scalable to
support environments for hundreds of millions of devices and
sensors, and able to remotely collect data from the field and
transmit to the backend.
Additionally, INeS features Entity Management (any custom
attributes such as identities, group, type, role, and life cycle),
Message Security Policy Management, and Business Rules Management.
Interfacing via the cloud and connecting devices and applications,
INeS is capable of remotely identifying credentials and controlling
activation, deactivation, revocation, renewal, and secure
provisioning.
About WISeKeyWISeKey (NASDAQ: WKEY; SIX Swiss
Exchange: WIHN) is a leading global cybersecurity company currently
deploying large-scale digital identity ecosystems for people and
objects using Blockchain, AI, and IoT respecting the Human as the
Fulcrum of the Internet. WISeKey microprocessors secure the
pervasive computing shaping today’s Internet of Everything. WISeKey
IoT has an installed base of over 1.6 billion microchips in
virtually all IoT sectors (connected cars, smart cities, drones,
agricultural sensors, anti-counterfeiting, smart lighting, servers,
computers, mobile phones, crypto tokens, etc.). WISeKey is uniquely
positioned to be at the leading edge of IoT as our semiconductors
produce a huge amount of Big Data that, when analyzed with
Artificial Intelligence (AI), can help industrial applications
predict the failure of their equipment before it happens.Our
technology is Trusted by the OISTE/WISeKey’s Swiss-based
cryptographic Root of Trust (“RoT”) provides secure authentication
and identification, in both physical and virtual environments, for
the Internet of Things, Blockchain, and Artificial Intelligence.
The WISeKey RoT serves as a common trust anchor to ensure the
integrity of online transactions among objects and between objects
and people. For more information, visit www.wisekey.com.
Press and investor contacts:WISeKey
International Holding LtdCompany Contact: Carlos MoreiraChairman
& CEOTel: +41 22 594 3000info@wisekey.com
WISeKey Investor Relations (US)Contact: Lena CatiThe Equity
Group Inc.Tel: +1 212 836-9611lcati@equityny.com
Disclaimer:This communication expressly or
implicitly contains certain forward-looking statements concerning
WISeKey International Holding Ltd and its business. Such statements
involve certain known and unknown risks, uncertainties, and other
factors, which could cause the actual results, financial condition,
performance, or achievements of WISeKey International Holding Ltd
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. WISeKey International Holding Ltd is providing this
communication as of this date and does not undertake to update any
forward-looking statements contained herein as a result of new
information, future events or otherwise.This press release does not
constitute an offer to sell, or a solicitation of an offer to buy,
any securities, and it does not constitute an offering prospectus
within the meaning of article 652a or article 1156 of the Swiss
Code of Obligations or a listing prospectus within the meaning of
the listing rules of the SIX Swiss Exchange. Investors must rely on
their own evaluation of WISeKey and its securities, including the
merits and risks involved. Nothing contained herein is, or shall be
relied on as, a promise or representation as to the future
performance of WISeKey
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