WISeKey in cooperation with FO

WISeKey in VScooperation with FOSSA Llaunched 7 NOTuh WISeSat FOSSA Ssecured Ssatellites VSto eat Odon’t L1st European IoT VSconstellations in Hstory
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, it launched 7 new secure WISeSat FOSSA satellites creating one of the largest European IoT constellations in history. FOSSA has increased the WISeSat compatible constellation in orbit to 13, 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-enhanced FOSSASAT-2E picosatellite designed to further reduce satellite costs for IoT applications. These WISeSaT-ready platforms will enable secure and robust IoT connectivity and spatial services for assets in remote locations and applications such as maritime shipping, emergency locators, agriculture or farming.
WISeKey offers this technology to its IoT customers in a SaaS model enabling remote and redundant urban IoT communications for companies seeking to securely connect their assets via satellite communication covering large unserved geographical areas such as the sea, the deserts, mountains, etc., at affordable prices. WISeKey Trust and Security solutions offer a unique integration into an end-to-end platform that communicates in real time with the WISeSat. Satellite by guaranteeing the authenticity, confidentiality and integrity of 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 that need to be connected to WISeSaT .Satellite. This platform is scalable to support environments for hundreds of millions of devices and sensors, and capable of remotely collecting data from the field and transmitting it to the backend.
Additionally, INeS offers entity management (all custom attributes such as identities, group, type, role, and lifecycle), message security policy management, and business rule management. Interfacing through the cloud and connecting devices and applications, INeS is able to remotely identify credentials and control activation, deactivation, revocation, renewal and secure provisioning.
About WISeKey
WISeKey (WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large-scale digital identity ecosystems for people and things using Blockchain, AI, and IT. ‘IoT while respecting the human being as the pivot of the Internet. WISeKey microprocessors secure the pervasive computing that shapes 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, phones laptops, cryptographic tokens, etc.). WISeKey is uniquely positioned to be at the forefront of IoT, as our semiconductors produce an enormous amount of big data which, when analyzed with artificial intelligence (AI), can help industrial applications predict failure of their equipment before it occurs.
Our technology is endorsed by the Swiss-based cryptographic root of trust (“RoT”) of OISTE/WISeKey which provides secure authentication and identification, in 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 between objects and between objects and people. For more information, visit www.wisekey.com.
Press and investor contacts:
WISeKey International Holding Ltd
Company Contact: Carlos Moreira
CEO
Tel: +41 22 594 3000
[email protected]
WISeKey Investor Relations (USA)
Contact: Lena Cati
Equity Group Inc.
Tel: +1 212 836-9611
[email protected]
Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements regarding 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 securities and does not constitute an offer prospectus within the meaning of article 652a or article 1156 of the French Code of Obligations. nor a listing prospectus. within the meaning of the listing rules of the SIX Swiss Exchange. Investors should rely on their own assessment of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is or should be taken as a promise or representation as to the future performance of WISeKey.