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WISeKey Selected by ODIN Solutions to Secure Its IoT Sensors and Applications and Enable them with WISeSAT Satellite Communications

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WISeKey has been selected by ODIN Solutions to integrate its secure technology within ODIN's IoT sensors, leveraging VaultIC Secure elements and Satellite connectivity. This partnership aims to enhance business opportunities by combining expertise in IoT and cybersecurity for applications in Smart Cities, Smart Agriculture, and Industry 4.0. ODIN plans to use WISeKey’s technology to improve waste management, water quality monitoring, and other environmental initiatives. WISeKey's digital identity ecosystems support an extensive range of IoT sectors, with over 1.6 billion microchips deployed.

Positive
  • Partnership with ODIN Solutions enhances WISeKey's reach in the Smart City and IoT markets.
  • Combining expertise in IoT and cybersecurity for comprehensive smart solutions.
  • ODIN to leverage WISeKey's secure technology for critical environmental management projects.
  • WISeKey’s technology supports over 1.6 billion microchips, showcasing its extensive market presence.
Negative
  • None.

WISeKey Selected by ODIN Solutions to Secure Its IoT Sensors and Applications and Enable them with

WISeSAT Satellite Communications

ODIN Solutions is integrating WISeKey secure technology within their IoT sensor leveraging of VaultIC Secure elements, and enabling them with Satellite connectivity for all their ecosystems of connected devices

Geneva/Malaga/Murcia – September 29, 2022 – WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading security Certificate Authority and provider of identity solutions, today announced at the Smart Agrifood Summit held in Málaga, Spain that it has been selected by ODIN Solutions, a Spanish Multidisciplinary IoT Integrator and sensor manufacturer, to integrate WISeKey secure technology within their IoT sensor leveraging of VaultIC Secure elements.

This partnership will foster WISeKey’s and ODIN’s business opportunities by combining two decades of proven expertise in IoT and Cybersecurity into comprehensive solutions for SmartCities, SmartAgro, SmartSport, and Industry 4.0 projects.

ODIN Solutions takes a step forward in its goal of breaking into the Smart City market, offering innovative and profitable solutions, such as optimization of waste management, improvement of water quality, environmental and noise maps, and remote management of parks and gardens by leveraging it security using WISeKey Cybersecurity technology. This will aid in increasing its communication layer by enabling Satellite connectivity. This will prove to be extremely valuable on SmatAgro projects alongside containers tracking using the WISeSAT constellation.

“By combining WISeKey’s Secure Technology and Satellite Communication with ODIN’s experience in IoT Sensor manufacturing and project implementation, we are bringing a powerful value proposition to companies that wish to increase the level of security and communication of IoT infrastructure.” said Carlos Moreno, Vice President Corporate Alliances & Partnerships at WISeKey.

“We are delighted to team with WISeKey and use their cybersecurity and satellite communications to ensure IoT technology and IoT experience.” said Jose Trigueros Pacheco, CEO of ODIN.

About WISeKey

WISeKey (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 install 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 edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to 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.

About ODIN Solutions

Odin Solutions (OdinS) is a SME founded in August 2014 and accredited as innovative ICT company (EIBT) by MINECO and ANCES. OdinS works on the IPv6 fields of Internet of Things, Big Data and Security. The OdinS personal have strong expertise in research and development of IoT embedded systems and Big-Data platforms for water/energy efficiency, security and tele-management of infrastructures. OdinS has several patents in the area of monitoring and tele-control systems. OdinS provides open, flexible and interoperable products able to connect infrastructures and mobile platforms for Smart Cities and Energy-Efficient Buildings.
The multidisciplinary and enterprising team of OdinS everyday work to face new challenges of a society that is becoming more connected and technological. Therefore, OdinS is member of the international IoT-Forum and AIOTI (Alliance for internet of things innovation). Moreover, OdinS participates actively in different standardization work groups such as Smart Cities, Architectures and Standards. Specifically, OdinS collaborates in ETSI (European Telecommunications Standards Institute) for the industrial standardization group of the ISG CIM (cross-sector Context Information Management) with the aim of designing interoperable interfaces between IoT devices and BigData platforms. OdinS considers the R&D collaboration projects as the best inversion to achieve more competitive products and solutions.

Press and investor contacts:
WISeKey International Holding Ltd
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com

WISeKey Investor Relations (US)
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@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.


FAQ

What is the recent partnership between WISeKey and ODIN Solutions?

WISeKey has partnered with ODIN Solutions to integrate its secure technology into ODIN's IoT sensors, enhancing security and communication.

How will the WISeKey and ODIN collaboration impact Smart City projects?

The collaboration aims to improve various Smart City projects, such as waste management and environmental monitoring, using WISeKey’s cybersecurity technology.

What technologies are being integrated in the WISeKey and ODIN Solutions partnership?

The integration involves WISeKey's VaultIC Secure elements and Satellite connectivity within ODIN's IoT ecosystem.

What is the significance of WISeKey's technology in the IoT sector?

WISeKey's technology is crucial for securing IoT infrastructures and has a vast install base with over 1.6 billion microchips across various applications.

When was the announcement of the partnership between WISeKey and ODIN Solutions made?

The partnership was announced on September 29, 2022, at the Smart Agrifood Summit in Málaga, Spain.

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