WISeKey Unveils Significant Expansion of WISeSat.Space 2024 Strategy [Yahoo! Finance]
WISeKey International Holding AG - American Depositary Shares (WKEY)
Company Research
Source: Yahoo! Finance
WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations, today unveiled a significant expansion of its WISeSat.Space strategy for 2024. WISeSat.Space is a subsidiary of WISeKey, revolutionizing IoT connectivity with the first cost-effective and secure solution, leveraging picosatellites and low-power sensors to provide unparalleled IoT connectivity across the globe. The strategic expansion includes the scheduled launch of new satellites in the fourth quarter of 2024, alongside the introduction of groundbreaking technology aboard its latest generation of Low Earth Orbit (LEO) satellites. This initiative is designed to meet the extensive IoT deployment needs across various sectors, including Smart Farming, Energy, and Logistics, ensuring reliable and secure data transmission anywhere on Earth. To date, seventeen satellites equipped with WISeSat technology have been launche
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