STOCK TITAN

WISeKey Subsidiary WISeSat.Space Prepares for a January 2025 Launch of Next-Generation Satellite, Supporting European Satellite Independence and IoT Connectivity

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

WISeKey's subsidiary WISeSat.Space announces the launch of its next-generation satellite in mid-January 2025. The launch features advanced picosatellites equipped with SEALSQ semiconductor technology and WISeKey's cryptographic keys, designed to provide secure IoT connectivity and climate monitoring capabilities. The satellites incorporate Quantum-Resistant cryptographic keys and focus on creating a European-based, neutral satellite constellation to ensure data sovereignty. The technology supports various applications including environmental monitoring, disaster management, smart agriculture, and industrial IoT solutions, while emphasizing low power consumption and cost-effectiveness.

La consociata di WISeKey, WISeSat.Space, annuncia il lancio del suo satellite di nuova generazione a metà gennaio 2025. Il lancio prevede picosatelliti avanzati dotati di tecnologia semiconduttore SEALSQ e delle chiavi crittografiche di WISeKey, progettati per fornire connettività IoT sicura e capacità di monitoraggio climatico. I satelliti incorporano chiavi crittografiche resistenti al quantum e si concentrano sulla creazione di una costellazione satellitare neutrale e basata in Europa per garantire la sovranità dei dati. La tecnologia supporta diverse applicazioni tra cui il monitoraggio ambientale, la gestione dei disastri, l'agricoltura intelligente e soluzioni IoT industriali, ponendo l'accento su un basso consumo energetico e un buon rapporto costi-efficacia.

La subsidiaria de WISeKey, WISeSat.Space, anuncia el lanzamiento de su satélite de nueva generación a mediados de enero de 2025. El lanzamiento incluye picosatélites avanzados equipados con tecnología semiconductora SEALSQ y las claves criptográficas de WISeKey, diseñadas para proporcionar conectividad IoT segura y capacidades de monitoreo climático. Los satélites incorporan claves criptográficas resistentes a la computación cuántica y se centran en crear una constelación satelital neutral con base en Europa para garantizar la soberanía de los datos. La tecnología apoya varias aplicaciones, incluyendo monitoreo ambiental, gestión de desastres, agricultura inteligente y soluciones IoT industriales, enfatizando un bajo consumo de energía y rentabilidad.

WISeKey의 자회사 WISeSat.Space가 2025년 1월 중순 차세대 위성 발사를 발표했습니다. 이번 출시는 SEALSQ 반도체 기술과 WISeKey의 암호화 키를 장착한 고급 피코 위성이 특징이며, 안전한 IoT 연결성과 기후 모니터링 기능을 제공하도록 설계되었습니다. 이 위성들은 양자 내성 암호화 키를 통합하고 데이터 주권을 보장하기 위해 유럽 기반의 중립 위성 집합체를 구축하는 데 중점을 두고 있습니다. 이 기술은 환경 모니터링, 재해 관리, 스마트 농업 및 산업 IoT 솔루션을 포함한 다양한 응용 프로그램을 지원하며, 낮은 전력 소비와 비용 효율성을 강조합니다.

La filiale de WISeKey, WISeSat.Space, annonce le lancement de son satellite de nouvelle génération à la mi-janvier 2025. Le lancement comprend des picosatellite avancés équipés de la technologie semiconductrice SEALSQ et des clés cryptographiques de WISeKey, conçues pour fournir une connectivité IoT sécurisée et des capacités de surveillance climatique. Les satellites intègrent des clés cryptographiques résistantes aux ordinateurs quantiques et se concentrent sur la création d'une constellation de satellites neutres basée en Europe pour garantir la souveraineté des données. La technologie prend en charge diverses applications, notamment la surveillance de l'environnement, la gestion des catastrophes, l'agriculture intelligente et les solutions IoT industrielles, tout en mettant l'accent sur une faible consommation d'énergie et une rentabilité.

Die Tochtergesellschaft von WISeKey, WISeSat.Space, gibt den Start ihres nächsten Satelliten der nächsten Generation Mitte Januar 2025 bekannt. Der Start umfasst fortschrittliche Picosatelliten, die mit SEALSQ Halbleitertechnologie und den kryptografischen Schlüsseln von WISeKey ausgestattet sind, die entwickelt wurden, um sichere IoT-Konnektivität und Klimamonitoring-Funktionen bereitzustellen. Die Satelliten integrieren quantensichere kryptografische Schlüssel und konzentrieren sich darauf, eine europäische, neutrale Satellitenkonstellation zu schaffen, um die Datensouveränität zu gewährleisten. Die Technologie unterstützt verschiedene Anwendungen, darunter Umweltüberwachung, Katastrophenmanagement, intelligente Landwirtschaft und industrielle IoT-Lösungen, und betont den niedrigen Energieverbrauch und die Kostenwirksamkeit.

Positive
  • Development of European-based neutral satellite constellation enhancing regional technological independence
  • Integration of advanced Quantum-Resistant cryptographic security features
  • Cost-effective satellite solution through compact picosatellite design
  • Enhanced data sovereignty and security through European-based operations
Negative
  • Launch delay from Q4 2024 to January 2025

Insights

The launch of WISeSat.Space's next-generation picosatellite represents a strategic but speculative development in the IoT space sector. While the technology integration of SEALSQ semiconductor chips and Quantum-Resistant cryptographic keys is innovative, the impact on WISeKey's current financial position remains uncertain given its small market cap of $19M.

The focus on European satellite independence and secure IoT connectivity addresses growing market demands, but faces significant competition from established players. The picosatellite's cost-effective design and low-power consumption features could provide operational advantages, though meaningful revenue generation will depend on successful commercialization and market adoption.

The timing alignment with the Davos event suggests a marketing-focused approach, while the technical capabilities for climate monitoring and disaster management represent potential future revenue streams that are yet to be proven.

WISeKey Subsidiary WISeSat.Space Prepares for a January 2025 Launch of Next-Generation Satellite, Supporting European Satellite Independence and IoT Connectivity

Launch Timed with WISeKey’s Davos Roundtable on Space Technology

Geneva, Switzerland – November 4, 2024: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations operating as a holding company, today announces that its subsidiary, WISeSat.Space, is preparing for the mid-January 2025 launch of its next-generation satellite. This satellite, initially planned for Q4 2024, will now launch just days ahead of WISeKey’s January 22, 2025 event in Davos, which includes a roundtable focused on advancements in space technology.
For more information about the Davos annual event visit: https://www.wisekey.com/davos25/howspacewillbethenextinternet/.

This launch represents a significant development in WISeSat.Space’s mission to provide secure IoT connectivity, advance climate change monitoring capabilities, and support European satellite independence with cutting-edge technology.

WISeSat.Space’s new generation of low-orbit satellites leverages compact picosatellites equipped with SEALSQ Corp. (“SEALSQ”) (NASDAQ: LAES) semiconductor technology and WISeKey’s renowned cryptographic keys. These integrated solutions enhance the security, performance, and resilience of satellite-based IoT systems, and support a diverse range of applications including environmental monitoring, disaster management, smart agriculture, and industrial IoT solutions. The satellites are specifically designed to support low-power sensors, enabling data collection in remote and off-grid areas. WISeSat.Space’s picosatellites, which are smaller and more cost-effective than traditional satellites, make global IoT connectivity feasible by reducing launch costs and optimizing data transmission. The satellite technology incorporates Quantum-Resistant cryptographic keys, and offers future-proof security against potential quantum computing threats, a step critical to the long-term security of global IoT ecosystems.

An essential component of WISeSat.Space’s strategy is the creation of a European-based, neutral satellite constellation. By anchoring operations in Europe, WISeSat.Space is able to ensure data sovereignty and reduce reliance on non-European providers for critical IoT and environmental data. This independence not only strengthens data security but also allows for robust, unencumbered international cooperation. A neutral European constellation addresses global trust concerns, positioning Europe as a leader in secure and autonomous satellite technology. This approach further aligns with EU objectives for strategic autonomy and technological resilience, fostering economic growth and high-tech job creation within the region.

The advanced satellite set for January 2025 launch includes key enhancements to bolster connectivity for diverse IoT applications. The satellites' upgraded semiconductor technology, developed by SEALSQ, optimizes both processing and communication capabilities. This facilitates faster data relay and enhanced responsiveness, crucial for applications in real-time environmental monitoring, industrial automation, and smart agriculture. For climate change monitoring, the WISeSat constellation allows for the real-time tracking of environmental variables, enabling early detection and response to extreme weather events. The satellites contribute to disaster management through early warning systems, aiding vulnerable communities and ecosystems by providing timely, high-quality data. These capabilities not only support critical disaster preparedness but also allow policymakers to make informed decisions about climate resilience and adaptation.

WISeSat.Space’s picosatellites employ a unique design focused on compactness and cost-effectiveness. Through the combination of low-orbit satellite networks and low-power, long-range sensors, WISeSat.Space provides a reliable network with low latency and high data accuracy—ideal for continuous tracking and monitoring across large, remote areas. These picosatellites are designed to operate with minimal power consumption, which is crucial for sustainable, long-term deployment in remote locations. Each satellite is embedded with WISeKey’s advanced cybersecurity protocols, ensuring that data is encrypted and secure from unauthorized access throughout its journey from sensor to end-user.

The launch’s timing aligns with WISeKey’s annual event in Davos, where industry leaders, policymakers, and technologists will convene for a roundtable on space technology and its applications in IoT and climate monitoring. This roundtable will provide a platform to discuss how space-based systems can address global challenges and explore the role of satellite technology in building a sustainable and secure digital future. With the upcoming launch of this next-generation satellite, WISeSat.Space reaffirms its commitment to pioneering secure, scalable IoT solutions and advancing European autonomy in space technology. WISeKey looks forward to this critical addition to its constellation as it leverages space to enhance secure connectivity, climate resilience, and technological independence for the global community.

About WISeSat.Space

WISeSat AG is pioneering a transformative approach to IoT connectivity and climate change monitoring through its innovative satellite constellation. By providing cost-effective, secure, and global IoT connectivity, WISeSat is enabling a wide range of applications that support environmental monitoring, disaster management, and sustainable practices. The integration of satellite data with advanced climate models holds great promise for enhancing our understanding of climate change and developing effective strategies to combat its impacts. As the world continues to grapple with the challenges of climate change, initiatives like WISeSat’s IoT satellite constellation are essential for creating a more resilient and sustainable future.

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, and (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions.

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 www.wisekey.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 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

WISeKey International Holding Ltd
Company Contact: Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com 
WISeKey Investor Relations (US) 
The Equity Group Inc.
Lena Cati
Tel: +1 212 836-9611 / lcati@equityny.com
Katie Murphy
Tel: +1 212 836-9612 / kmurphy@equityny.com

FAQ

When is WISeKey (WKEY) launching its next-generation satellite?

WISeKey is launching its next-generation satellite in mid-January 2025.

What technology does WISeKey's (WKEY) new satellite use for security?

The satellite uses Quantum-Resistant cryptographic keys and SEALSQ semiconductor technology combined with WISeKey's cryptographic keys.

What are the main applications of WISeKey's (WKEY) satellite technology?

The technology supports environmental monitoring, disaster management, smart agriculture, and industrial IoT solutions, especially in remote and off-grid areas.

How does WISeKey (WKEY) ensure data sovereignty in its satellite operations?

WISeKey ensures data sovereignty by creating a European-based, neutral satellite constellation, reducing reliance on non-European providers.

WISeKey International Holding AG American Depositary Shares

NASDAQ:WKEY

WKEY Rankings

WKEY Latest News

WKEY Stock Data

19.29M
3.37M
1.09%
0.32%
Semiconductors
Technology
Link
United States of America
Zug