WISeSAT.Space, a WISeKey Subsidiary, Strengthens Its Strategic Partnership with Swiss Armed Forces in the Space Sector for 2024 and Beyond; Plans Include the Launch of an Enhanced WISeSat ...
WISeKey International Holding AG - American Depositary Shares (WKEY)
Company Research
Source: Yahoo! Finance
Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, Blockchain, and IoT platforms, today announced the strengthening of its strategic partnership with the Swiss Armed Forces in the space sector for 2024 and beyond. The collaboration includes plans to launch an enhanced WISeSat satellite in Q3 2024 using SpaceX. The upgraded WISeSAT.Space satellite will be equipped with SEALSQ (Nasdaq: LAES) semiconductor technology and WISeKey cryptographic keys to secure the new FOSSASAT-2E satellite. This satellite is designed to boost performance in space and communication capabilities with SEALSQ IoT microchips installed in devices. In cooperation with FOSSA Systems, WISeSAT.Space has successfully launched 17 low-orbit satellites mainly aboard the SpaceX Transporter Rideshare missions and is currently developing a constellation of 88 additional low-orbit satellites to optimize global coverage for SEALSQ IoT devices. WISeSAT.Space's business model is centered on providi
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