WISeKey VaultIC Semiconductors to Showcase its Latest IoT Microchips at the Mobile World Congress and Generate the First Ever NFT from Space During the Event

Rhea-AI Summary

WISeKey International Holding will showcase its VaultIC semiconductors at the Mobile World Congress (February 28 - March 3, 2022), promoting the European Chips Act. These semiconductors provide digital security and cryptographic functions essential for IoT devices. WISeKey will also generate the first NFT from space during the event, enabled by its WISeSat satellite constellation. This breakthrough allows secure IoT device authentication, optimizing productivity across various industries.

Positive

• Showcasing VaultIC semiconductors at Mobile World Congress, promoting European Chips Act.
• Generating first NFT from space, enhancing WISeKey's innovative reputation.
• VaultIC semiconductors provide robust security for IoT devices with extensive cryptographic functions.

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• None.

WISeKey VaultIC Semiconductors to Showcase its Latest IoT Microchips at the Mobile World Congress and Generate the First Ever NFT from Space During the Event

Geneva/Barcelona, Meyreuil, PROVENCE-ALPES-CÔTE D'AZUR France - February 22, 2022: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI, Blockchain and IoT company, today announced that it will be showcasing its VaultIC semiconductors during the Mobile World Congress as part of its efforts to promote the European Chips Act aiming to reduce dependency on non-EU chips and to strengthen the EU’s position in chip making.

WISeKey VaultIC semiconductors are a family of tamper-resistant secure chips with firmware that bring digital security and cryptographic functions to Cold Wallets and other cryptographic-enabled devices, as part of WISeKey’s scalable security framework. These chips provide configurable cryptographic services for authentication, data confidentiality and integrity checks. VaultIC offers a wide bundle of standard, NIST-recommended cryptographic algorithms (such as ECC, RSA, ECDSA, AES, SHA) and associated key lengths and a certified, hardware-based True Random Number Generator complements this set of features. VaultIC also provides on-chip secure data storage for secret keys, certificates, and data. VaultIC comes with a rich software environment including tools for protected boot, secure firmware update for IoT devices and secure communication (SSL/TLS) stacks.

During the Mobile World Congress (MWC 2022) event WISeKey will generate the first ever NFT from space following the successful launch and orbit deployment of WISeSat on SpaceX Transporter 3 Rideshare mission riding aboard of a Falcon 9 in January 2022.   The NFT from space will be captured by the WISeSat satellite station in South Spain city of La Linea at the LLG4ir.com Center of Excellence and minted on WISe.ART NFT Marketplace.  

Through the WISeSat constellation WISeKey will enable the direct connection of satellites to IoT devices for NFT authentication, completing the connection cycle from space to device through a secure telecommunication means. The space based NFT ecosystem assures personal and secure authentication capabilities through the global WISeSat constellation developed in partnership with FOSSA Systems. This solution can be used in multiple industrial applications to: optimize productivity across industries through predictive maintenance on equipment and machinery, create truly smart homes with connected appliances, and provide critical communication between devices including autonomous vehicles, self-driving cars and trucks and smart homes. The possibilities are endless. For more information visit WISeSat.Space.

MWC 2022 event will take place from February 28 until March 3 this year. The full-fledged schedule suggests most companies have agreed to attend the event this year, which is great news for tech enthusiasts around the world. MWC 2022marks a momentous annual milestone for the latest and greatest in mobile technology and innovation globally.

Bringing together leading mobile companies, such as Nokia, Orange and Samsung, it is the place to unveil new products and show off the latest technology innovations – from folding phones to 5G, and even 6G and the Metaverse.

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 1.5 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.

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 WISeKey showcasing at the Mobile World Congress?

WISeKey is showcasing its VaultIC semiconductors, which enhance IoT security.

What notable event is WISeKey holding at the Mobile World Congress?

WISeKey will generate the first NFT from space during the Mobile World Congress.

What is the purpose of the European Chips Act promoted by WISeKey?

The European Chips Act aims to reduce dependency on non-EU chips and strengthen the EU's position in chip manufacturing.

When is the Mobile World Congress taking place?

The Mobile World Congress is scheduled from February 28 to March 3, 2022.

What industries can benefit from WISeKey's NFT from space technology?

Industries such as IoT, autonomous vehicles, and smart homes can benefit from the NFT from space technology.