Latest news with #WISeSat
Yahoo
3 days ago
- Business
- Yahoo
SEALSQ and WISeKey Unveil Quantum-Resilient Security Framework to Control the Future of Robotics
Geneva, Switzerland, June 09, 2025 (GLOBE NEWSWIRE) -- See video here 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, in cooperation with its parent company, WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) today announced a breakthrough in securing and controlling the next generation of intelligent machines as billions of robots are poised to enter every aspect of society. By combining SEALSQ's post-quantum semiconductor technology with WISeKey's Root of Trust infrastructure, the companies are delivering a critical solution to one of the most pressing technological challenges of our time: ensuring that future autonomous robots remain under trusted human command. SEALSQ's post-quantum chips are engineered to resist the enormous processing power of future quantum computers, which will render today's encryption obsolete. These chips embed advanced cryptographic protection directly into the silicon, making it possible to secure robot identities, encrypt communications, and guarantee software integrity, right from the point of manufacture. This protection is essential for a world in which machines will operate independently, often in sensitive environments or critical infrastructure. Built on top of this secure hardware, WISeKey's Root of Trust assigns every robot a unique cryptographic identity, stored securely and registered on a blockchain. This allows every machine to be authenticated, remotely managed, and securely updated throughout its lifecycle. With this architecture in place, organizations and governments can ensure that only trusted, verified devices are allowed to operate, and that they remain under control even in highly distributed, autonomous deployments. This security infrastructure extends beyond the ground. Through the integration of Trusted IoT (TIoT), drones, and the WISeSat constellation of satellites, the combined SEALSQ-WISeKey platform forms a global trust grid capable of managing and securing robotic operations anywhere on Earth. This is made possible by the Oran G process, an advanced deployment methodology that fuses chip-level trust, secure communications, and real-time satellite oversight to provide a resilient, scalable framework for the robotic age. Carlos Moreira, Founder and CEO of WISeKey and SEALSQ, stated: 'We are rapidly approaching a future where billions of autonomous machines will make decisions that impact our economies, our infrastructure, and our lives. These machines must be trustworthy, traceable, and controllable. By embedding post-quantum security and trusted identities into their core, we ensure they serve humanity, not the other way around.' This initiative is already being applied in critical sectors, including defense, industrial automation, agriculture, and healthcare robotics. It marks a major step forward in aligning emerging robotic ecosystems with global cybersecurity and governance standards, ensuring that the digital transformation unfolds with resilience and ethical oversight. For more information, visit and About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp 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. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
03-06-2025
- Business
- Associated Press
WISeKey's WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications
WISeKey's WISeSat Confirms Next Satellite Launch Scheduled for Mid-June from California to Advance Quantum-Safe Space Communications Geneva, Switzerland, June 3, 2025 –WISeKey International Holding Ltd ('WISeKey') (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, via its subsidiaries, SA ('WISeSat') and 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, and today announced the upcoming launch of WISeSat 3.0, scheduled for second week of June 2025, marking the first satellite to embed SEALSQ's Quantum RootKey. This mission initiates a new era of quantum-safe space communications, establishing a space-based Proof-of-Concept for Post-Quantum Key Distribution (QKD) designed to secure global data infrastructure against emerging quantum threats. This next-generation satellite platform will support cryptographic key generation and management both in orbit and at mission control. It ensures encryption, authentication, and validation of software and data using NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, selected in August 2024. At the heart of WISeSat 3.0 lies the Quantum RootKey, a hardware-based root-of-trust module developed by SEALSQ to resist both classical and quantum cyberattacks. By isolating cryptographic operations within a tamper-resistant environment directly on the satellite, RootKey protects key storage, signing, and encryption processes. It enables end-to-end secure communications and digital identity services, even under the computing power of future quantum machines. The satellite will deliver several key capabilities: secure command authentication to prevent unauthorized satellite control, encryption of sensitive data such as Earth observation, defense telemetry, and scientific research, and post-quantum key distribution for critical infrastructure sectors such as energy, transportation, and smart cities. It also allows for the secure onboarding of billions of IoT devices by providing quantum-resistant digital identities from space, even in remote or disconnected regions. WISeSat has gradually embedded technologies from WISeKey, SEALSQ, and Hedera into its satellite operations, allowing these next-generation satellites to become a benchmark for post-quantum security from space. This advanced integration also supports the use of trusted digital tokens such as SEALCOIN, opening new frontiers in secure space-to-ground transactions and tokenized satellite-based services. has also established key infrastructure, including a satellite antenna in La Línea, Spain, with plans to install another in Switzerland. These installations will enhance the monitoring and management of the growing satellite constellation, ensuring optimal performance and secure operations. By 2027, 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. As quantum computing advances, the risk of key extraction, spoofing, and eavesdropping on satellite networks becomes increasingly urgent. SEALSQ's Post-Quantum RootKey architecture provides robust, real-time defenses, including secure key isolation, signature validation, and quantum-resilient encryption, ensuring any attempt to intercept or tamper with quantum key exchanges is immediately detectable. In parallel, WISeSat's multi-layered quantum-secure platform is designed to leverage the unique properties of space, including microgravity, to enable scientific breakthroughs impossible on Earth. This includes quantum sensing for unspoofable positioning, navigation, and timing (PNT), secure deep-space exploration, and in-orbit manufacturing of quantum components in pristine, interference-free environments. These advancements position WISeSat 3.0 to play a strategic role in enabling a sovereign, resilient, and secure digital infrastructure at a time of rising geopolitical and cybersecurity tensions. The mission underscores Europe and its allies' commitment to space sovereignty and secure digital transformation. Together, WISeSat and SEALSQ are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit. About WISeKey WISeKey International Holding Ltd ('WISeKey', SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) Corp which focuses on trusted blockchain NFTs and operates the marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform. Each subsidiary contributes to WISeKey's mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company's semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey's strategic direction and its subsidiary companies, please visit 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 the Swiss Financial Services Act ('FinSA'), the FinSa's predecessor legislation or advertising within the meaning of the FinSA. 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. Press and Investor Contacts
Yahoo
03-06-2025
- Business
- Yahoo
SEALSQ and WISeSat Next Satellite Launch Scheduled for Mid-June From California to Advance Quantum-Safe Space Communications
Geneva, Switzerland, June 03, 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, and SA ('WISeSat') today announced the upcoming launch of WISeSat 3.0, scheduled for second week of June 2025, marking the first satellite to embed SEALSQ's Quantum RootKey. This mission initiates a new era of quantum-safe space communications, establishing a space-based Proof-of-Concept for Post-Quantum Key Distribution (QKD) designed to secure global data infrastructure against emerging quantum threats. To support this strategic roadmap, and subject to, amongst other requirements, final approval by its Board of Directors, SEALSQ intends to invest $10 million in and join its parent company, WISeKey International Holding Ltd ('WISeKey', SIX: WIHN; Nasdaq: WKEY) as a strategic investor in the WISeSat satellite constellation. This next-generation satellite platform will support cryptographic key generation and management both in orbit and at mission control. It ensures encryption, authentication, and validation of software and data using NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, selected in August 2024. At the heart of WISeSat 3.0 lies the Quantum RootKey, a hardware-based root-of-trust module developed by SEALSQ to resist both classical and quantum cyberattacks. By isolating cryptographic operations within a tamper-resistant environment directly on the satellite, RootKey protects key storage, signing, and encryption processes. It enables end-to-end secure communications and digital identity services, even under the computing power of future quantum machines. The satellite will deliver several key capabilities: secure command authentication to prevent unauthorized satellite control, encryption of sensitive data such as Earth observation, defense telemetry, and scientific research, and post-quantum key distribution for critical infrastructure sectors such as energy, transportation, and smart cities. It also allows for the secure onboarding of billions of IoT devices by providing quantum-resistant digital identities from space, even in remote or disconnected regions. WISeSat has gradually embedded technologies from WISeKey, SEALSQ, and Hedera into its satellite operations, allowing these next-generation satellites to become a benchmark for post-quantum security from space. This advanced integration also supports the use of trusted digital tokens such as SEALCOIN, opening new frontiers in secure space-to-ground transactions and tokenized satellite-based services. has also established key infrastructure, including a satellite antenna in La Línea, Spain, with plans to install another in Switzerland. These installations will enhance the monitoring and management of the growing satellite constellation, ensuring optimal performance and secure operations. By 2027, 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. As quantum computing advances, the risk of key extraction, spoofing, and eavesdropping on satellite networks becomes increasingly urgent. SEALSQ's Post-Quantum RootKey architecture provides robust, real-time defenses, including secure key isolation, signature validation, and quantum-resilient encryption, ensuring any attempt to intercept or tamper with quantum key exchanges is immediately detectable. In parallel, WISeSat's multi-layered quantum-secure platform is designed to leverage the unique properties of space, including microgravity, to enable scientific breakthroughs impossible on Earth. This includes quantum sensing for unspoofable positioning, navigation, and timing (PNT), secure deep-space exploration, and in-orbit manufacturing of quantum components in pristine, interference-free environments. These advancements position WISeSat 3.0 to play a strategic role in enabling a sovereign, resilient, and secure digital infrastructure at a time of rising geopolitical and cybersecurity tensions. The mission underscores Europe and its allies' commitment to space sovereignty and secure digital transformation. Together, SEALSQ and WISeSat are setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit. About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp 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. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ Subject to, amongst other requirements, final approval by the SEALSQ Board of in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
SEALSQ to Invest $10 Million in WISeSat.Space to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions
Geneva, Switzerland, May 14, 2025 (GLOBE NEWSWIRE) -- SEALSQ to Invest $10 Million in to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions QKD capability offers scalable, recurring "Satellite-as-a-Service" revenue for SEALSQ. 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, during its Quantum Day in France, announced the intention to invest $10 million in AG ('WISeSat'), and join its parent company, WISeKey International Holding Ltd ('WISeKey', SIX: WIHN; Nasdaq: WKEY) as a strategic investor in the WISeSat satellite constellation. Of note, WISeSat, a subsidiary of WISeKey, focuses on space technology for secure satellite communication, specifically for IoT applications. This investment, which is subject to, amongst other requirements, final approval by the Board of Directors of SEALSQ, marks a significant milestone in building the world's first quantum-resilient satellite network, capable of delivering ultra-secure communications and transactional IoT (t-IoT) services from space. The June 2025 mission will also feature a Proof of Concept (PoC) showcasing SEALCOIN's ability to enable decentralized, autonomous transactions between satellites and IoT devices. Powered by Hedera's Decentralized Ledger Technology (DLT), SEALCOIN ensures secure, transparent, and tamper-proof exchanges, laying the groundwork for a scalable Transactional IoT (t-IoT) ecosystem. This capability opens new opportunities for machine-to-machine (M2M) transactions in industries such as smart cities, automating resource management and infrastructure control; logistics, securing real-time tracking and automated payments; and remote sensing and environmental monitoring, enabling data monetization and autonomous operations. SEALSQ's investment goes beyond technology — it unlocks a transformational business opportunity to connect and secure trillions of IoT devices globally, across industries such as logistics, smart cities, energy, agriculture, and defense. Leveraging WISeSat's satellite constellation, SEALSQ can extend its Post-Quantum Chip and Root of Trust technologies directly to IoT devices anywhere on Earth, including remote and hard-to-reach locations. This capability introduces a scalable "Satellite-as-a-Service" revenue model, enabling organizations worldwide to subscribe to secure, real-time IoT communications services. This model provides recurring revenue streams based on connectivity subscriptions, data monetization, and decentralized transactional services using SEALCOIN, WISeKey's blockchain-based transaction platform. The global quantum communication market which reached over $1 billion in 2024, is projected to grow at a CAGR of 31.8% from 2025 to 2030, driven by the escalating demand for unbreakable security in finance, healthcare, defense, and critical infrastructure. With cyberattacks becoming more sophisticated, traditional encryption methods are increasingly vulnerable. QKD, a cornerstone of quantum communication, provides unparalleled security by leveraging the laws of quantum mechanics. Unlike classical encryption, QKD generates keys that cannot be intercepted or copied without detection, safeguarding sensitive data in sectors such as: Finance, ensuring secure transactions and data privacy, Healthcare, protecting patient records and medical data, and, Defense, securing mission-critical communications and national infrastructure. By integrating QKD with WISeSat's satellite-based infrastructure, SEALSQ and WISeKey are poised to capture a leadership position in this rapidly expanding market. Building on previous successful missions, WISeKey is preparing for multiple WISeSat deployments in 2025 aimed at expanding the satellite network for global coverage and redundancy, integrating AI-driven security analytics and real-time data processing, and developing hybrid terrestrial-satellite solutions for seamless, secure IoT connectivity. An upcoming mission, currently scheduled for Q4 2025, will launch WISeSat 2.1, the first satellite embedding SEALSQ's WISeKey Quantum RootKey as part of a space-based Quantum Key Distribution (QKD) proof-of-concept. This breakthrough deployment positions WISeSat as a global leader in quantum-secure satellite communications, addressing critical security challenges in the digital-first world. The deployment of WISeKey's Quantum RootKey, based on NIST-recommended post-quantum algorithms like CRYSTALS-Kyber and CRYSTALS-Dilithium, ensures that all cryptographic operations—key generation, storage, and management—are protected against both classical and quantum threats. This technology supports secure command authentication to prevent satellite hijacking, protection of sensitive data including defense communications and Earth observation imagery, and global cryptographic key distribution to safeguard critical infrastructure. The industrialization of WISeSat's Satellite-as-a-Service platform will accelerate the adoption of quantum-secure space services at a global scale, unlocking new market opportunities and sustainable long-term growth. As cyber and environmental challenges intensify, WISeSat's quantum-secure IoT satellite constellation stands ready to deliver resilient, scalable, and sustainable digital infrastructure—protecting the connected world, one satellite at a time. About SEALSQ:SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking StatementsThis communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp 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. SEALSQ MoreiraChairman & CEOTel: +41 22 594 3000info@ SEALSQ Investor Relations (US)The Equity Group CatiTel: +1 212 836-9611 lcati@ in to access your portfolio
Associated Press
14-05-2025
- Business
- Associated Press
SEALSQ to Invest $10 Million in WISeSat.Space to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions
Geneva, Switzerland, May 14, 2025 (GLOBE NEWSWIRE) -- SEALSQ to Invest $10 Million in to Accelerate Satellite Constellation Deployment, Space-Based Quantum Key Distribution (QKD) Communications, and Decentralized IoT Transactions QKD capability offers scalable, recurring 'Satellite-as-a-Service' revenue for SEALSQ. 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, during its Quantum Day in France, announced the intention to invest $10 million in AG ('WISeSat'), and join its parent company, WISeKey International Holding Ltd ('WISeKey', SIX: WIHN; Nasdaq: WKEY) as a strategic investor in the WISeSat satellite constellation. Of note, WISeSat, a subsidiary of WISeKey, focuses on space technology for secure satellite communication, specifically for IoT applications. This investment, which is subject to, amongst other requirements, final approval by the Board of Directors of SEALSQ, marks a significant milestone in building the world's first quantum-resilient satellite network, capable of delivering ultra-secure communications and transactional IoT (t-IoT) services from space. The June 2025 mission will also feature a Proof of Concept (PoC) showcasing SEALCOIN's ability to enable decentralized, autonomous transactions between satellites and IoT devices. Powered by Hedera's Decentralized Ledger Technology (DLT), SEALCOIN ensures secure, transparent, and tamper-proof exchanges, laying the groundwork for a scalable Transactional IoT (t-IoT) ecosystem. This capability opens new opportunities for machine-to-machine (M2M) transactions in industries such as smart cities, automating resource management and infrastructure control; logistics, securing real-time tracking and automated payments; and remote sensing and environmental monitoring, enabling data monetization and autonomous operations. SEALSQ's investment goes beyond technology — it unlocks a transformational business opportunity to connect and secure trillions of IoT devices globally, across industries such as logistics, smart cities, energy, agriculture, and defense. Leveraging WISeSat's satellite constellation, SEALSQ can extend its Post-Quantum Chip and Root of Trust technologies directly to IoT devices anywhere on Earth, including remote and hard-to-reach locations. This capability introduces a scalable 'Satellite-as-a-Service' revenue model, enabling organizations worldwide to subscribe to secure, real-time IoT communications services. This model provides recurring revenue streams based on connectivity subscriptions, data monetization, and decentralized transactional services using SEALCOIN, WISeKey's blockchain-based transaction platform. The global quantum communication market which reached over $1 billion in 2024, is projected to grow at a CAGR of 31.8% from 2025 to 2030, driven by the escalating demand for unbreakable security in finance, healthcare, defense, and critical infrastructure. With cyberattacks becoming more sophisticated, traditional encryption methods are increasingly vulnerable. QKD, a cornerstone of quantum communication, provides unparalleled security by leveraging the laws of quantum mechanics. Unlike classical encryption, QKD generates keys that cannot be intercepted or copied without detection, safeguarding sensitive data in sectors such as: By integrating QKD with WISeSat's satellite-based infrastructure, SEALSQ and WISeKey are poised to capture a leadership position in this rapidly expanding market. Building on previous successful missions, WISeKey is preparing for multiple WISeSat deployments in 2025 aimed at expanding the satellite network for global coverage and redundancy, integrating AI-driven security analytics and real-time data processing, and developing hybrid terrestrial-satellite solutions for seamless, secure IoT connectivity. An upcoming mission, currently scheduled for Q4 2025, will launch WISeSat 2.1, the first satellite embedding SEALSQ's WISeKey Quantum RootKey as part of a space-based Quantum Key Distribution (QKD) proof-of-concept. This breakthrough deployment positions WISeSat as a global leader in quantum-secure satellite communications, addressing critical security challenges in the digital-first world. The deployment of WISeKey's Quantum RootKey, based on NIST-recommended post-quantum algorithms like CRYSTALS-Kyber and CRYSTALS-Dilithium, ensures that all cryptographic operations—key generation, storage, and management—are protected against both classical and quantum threats. This technology supports secure command authentication to prevent satellite hijacking, protection of sensitive data including defense communications and Earth observation imagery, and global cryptographic key distribution to safeguard critical infrastructure. The industrialization of WISeSat's Satellite-as-a-Service platform will accelerate the adoption of quantum-secure space services at a global scale, unlocking new market opportunities and sustainable long-term growth. As cyber and environmental challenges intensify, WISeSat's quantum-secure IoT satellite constellation stands ready to deliver resilient, scalable, and sustainable digital infrastructure—protecting the connected world, one satellite at a time. About SEALSQ: SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit Forward-Looking Statements This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp 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.
