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WISeSat.Space Creates WISeSat España SA Subsidiary to Lead European Space Projects from Andalusia and Build a 100% “Made in Europe” Solution Aligned With the IRIS² Strategy

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WISeSat.Space, part of WISeKey (NASDAQ: WKEY), announces the creation of WISeSat España SA, a new subsidiary in La Línea de la Concepción, Andalusia. This strategic move aims to establish a fully European space value chain aligned with the EU's IRIS² program.

The subsidiary will focus on:

  • Manufacturing secure nanosatellites with FOSSA Systems
  • Launching satellites with PLD Space, with first launch planned for early 2026
  • Developing post-quantum processors with QuantixS and SEALSQ
  • Operating a satellite antenna in La Línea's City Hall
  • Incorporating WISeTalkie radio communication technology

The company has already launched 17 picosatellites and announced a partnership with Skyroot Aerospace for diversified launch operations. By end of 2025, WISeSat satellites will conduct SEALCOIN token transactions, creating a secure M2M network using post-quantum cryptography, WISeKey Root of Trust, and Hedera's DLT.

WISeSat.Space, parte di WISeKey (NASDAQ: WKEY), annuncia la creazione di WISeSat España SA, una nuova filiale a La Línea de la Concepción, Andalusia. Questa mossa strategica mira a stabilire una catena di valore spaziale completamente europea allineata con il programma IRIS² dell'UE.

La filiale si concentrerà su:

  • Produzione di nanosatelliti sicuri con FOSSA Systems
  • Lancio di satelliti con PLD Space, con il primo lancio previsto per l'inizio del 2026
  • Sviluppo di processori post-quantistici con QuantixS e SEALSQ
  • Gestione di un'antenna satellitare presso il Municipio di La Línea
  • Incorporazione della tecnologia di comunicazione radio WISeTalkie

L'azienda ha già lanciato 17 picosatelliti e ha annunciato una partnership con Skyroot Aerospace per operazioni di lancio diversificate. Entro la fine del 2025, i satelliti WISeSat condurranno transazioni di token SEALCOIN, creando una rete M2M sicura utilizzando crittografia post-quantistica, il Root of Trust di WISeKey e il DLT di Hedera.

WISeSat.Space, parte de WISeKey (NASDAQ: WKEY), anuncia la creación de WISeSat España SA, una nueva subsidiaria en La Línea de la Concepción, Andalucía. Este movimiento estratégico tiene como objetivo establecer una cadena de valor espacial completamente europea alineada con el programa IRIS² de la UE.

La subsidiaria se centrará en:

  • Fabricación de nanosatélites seguros con FOSSA Systems
  • Lanzamiento de satélites con PLD Space, con el primer lanzamiento previsto para principios de 2026
  • Desarrollo de procesadores post-cuánticos con QuantixS y SEALSQ
  • Operación de una antena satelital en el Ayuntamiento de La Línea
  • Incorporación de la tecnología de comunicación de radio WISeTalkie

La empresa ya ha lanzado 17 picosatélites y ha anunciado una asociación con Skyroot Aerospace para operaciones de lanzamiento diversificadas. Para finales de 2025, los satélites WISeSat llevarán a cabo transacciones de tokens SEALCOIN, creando una red M2M segura utilizando criptografía post-cuántica, el Root of Trust de WISeKey y el DLT de Hedera.

WISeSat.Space는 WISeKey(NASDAQ: WKEY)의 일부로서, 안달루시아의 라 리네아 데 라 콘셉시온에 새로운 자회사 WISeSat España SA를 설립한다고 발표했습니다. 이 전략적 움직임은 EU의 IRIS² 프로그램에 맞춘 완전한 유럽 우주 가치 사슬을 구축하는 것을 목표로 합니다.

자회사는 다음에 집중할 것입니다:

  • FOSSA Systems와 함께 안전한 나노위성 제조
  • PLD Space와 함께 위성 발사, 첫 번째 발사는 2026년 초로 예정
  • QuantixS 및 SEALSQ와 함께 포스트 양자 프로세서 개발
  • 라 리네아 시청에 위성 안테나 운영
  • WISeTalkie 무선 통신 기술 통합

회사는 이미 17개의 피코위성을 발사했으며, 다양한 발사 작업을 위해 Skyroot Aerospace와 파트너십을 체결했습니다. 2025년 말까지 WISeSat 위성은 SEALCOIN 토큰 거래를 수행하여 포스트 양자 암호화, WISeKey의 Root of Trust 및 헤데라의 DLT를 사용하여 안전한 M2M 네트워크를 구축할 것입니다.

WISeSat.Space, partie de WISeKey (NASDAQ: WKEY), annonce la création de WISeSat España SA, une nouvelle filiale à La Línea de la Concepción, en Andalousie. Ce mouvement stratégique vise à établir une chaîne de valeur spatiale entièrement européenne alignée sur le programme IRIS² de l'UE.

La filiale se concentrera sur :

  • Fabrication de nanosatellites sécurisés avec FOSSA Systems
  • Lancement de satellites avec PLD Space, le premier lancement étant prévu pour début 2026
  • Développement de processeurs post-quantiques avec QuantixS et SEALSQ
  • Exploitation d'une antenne satellite dans la mairie de La Línea
  • Incorporation de la technologie de communication radio WISeTalkie

L'entreprise a déjà lancé 17 picosatellites et a annoncé un partenariat avec Skyroot Aerospace pour des opérations de lancement diversifiées. D'ici fin 2025, les satellites WISeSat effectueront des transactions de jetons SEALCOIN, créant un réseau M2M sécurisé utilisant la cryptographie post-quantique, le Root of Trust de WISeKey et le DLT de Hedera.

WISeSat.Space, Teil von WISeKey (NASDAQ: WKEY), gibt die Gründung von WISeSat España SA bekannt, einer neuen Tochtergesellschaft in La Línea de la Concepción, Andalusien. Dieser strategische Schritt zielt darauf ab, eine vollständig europäische Raumwertschöpfungskette zu etablieren, die mit dem IRIS²-Programm der EU übereinstimmt.

Die Tochtergesellschaft wird sich auf Folgendes konzentrieren:

  • Herstellung sicherer Nanosatelliten mit FOSSA Systems
  • Start von Satelliten mit PLD Space, der erste Start ist für Anfang 2026 geplant
  • Entwicklung von Post-Quanten-Prozessoren mit QuantixS und SEALSQ
  • Betreibung einer Satellitenantenne im Rathaus von La Línea
  • Integration der Funkkommunikationstechnologie WISeTalkie

Das Unternehmen hat bereits 17 Picosatelliten gestartet und eine Partnerschaft mit Skyroot Aerospace für diversifizierte Startoperationen angekündigt. Bis Ende 2025 werden WISeSat-Satelliten Transaktionen mit dem SEALCOIN-Token durchführen und ein sicheres M2M-Netzwerk mit Post-Quanten-Kryptografie, dem Root of Trust von WISeKey und der DLT von Hedera schaffen.

Positive
  • Strategic expansion into European space market through new Spanish subsidiary
  • Partnership with Skyroot Aerospace diversifies launch capabilities
  • Successful track record with 17 picosatellites already launched
  • Development of revenue-generating SEALCOIN token transactions by end of 2025
  • Integration of advanced technologies: post-quantum cryptography, blockchain, and secure IoT
Negative
  • First satellite launch from new subsidiary not until 2026
  • Heavy dependence on multiple partnerships for core operations
  • Significant investment required for infrastructure development

Insights

WISeKey's establishment of WISeSat España represents a strategic positioning within Europe's emerging sovereign space infrastructure ecosystem. The subsidiary's alignment with the EU's IRIS² satellite program could provide access to significant institutional support, as European authorities increasingly prioritize technological independence in critical infrastructure.

The company has assembled a comprehensive European partnership network including FOSSA Systems (satellite manufacturing), PLD Space (launch services), and QuantixS/SEALSQ (quantum security) – creating a fully integrated vertical supply chain that differentiates it from competitors relying on non-European components or services.

Technically, WISeKey's integration of post-quantum cryptography into satellite infrastructure addresses a critical security vulnerability as quantum computing advances. The planned financial transaction capabilities utilizing SEALCOIN tokens by end-2025 suggests an infrastructure-as-a-service model for machine-to-machine transactions – potentially creating recurring revenue streams if successful.

However, the space sector presents significant execution challenges. Despite WISeKey's prior launch of 17 picosatellites, the 2026 timeline for the next launch indicates a lengthy development cycle. The addition of Skyroot Aerospace as a launch partner provides valuable redundancy but introduces coordination complexity.

While the 100% European approach provides regulatory and procurement advantages within the EU, it may limit global market potential compared to companies with more geographically diverse supply chains.

This subsidiary creation represents an ambitious strategic expansion that aligns with WISeKey's core competency in cybersecurity while entering the capital-intensive satellite infrastructure market. With a market cap of only $52 million, the financial resources required for satellite development and launch raise significant funding questions not addressed in the announcement.

The company is pursuing vertical integration across the space value chain – from satellite manufacturing through launch services to security protocols. While this approach could maximize margin capture if successful, it dramatically increases execution risk and capital requirements compared to focusing on WISeKey's traditional security expertise.

The European-centric strategy potentially positions WISeKey for EU funding and contracts under programs like IRIS², but securing such funding remains speculative. The partnership with India's Skyroot indicates a hybrid approach that might mitigate some capital requirements through strategic collaborations.

The SEALCOIN token transaction capability planned for late 2025 suggests a potential recurring revenue model for machine-to-machine transactions, but tokenization business models remain unproven at scale. Revenue materialization appears to be at least 12-24 months away based on stated timelines.

Investors should note that while previous picosatellite launches demonstrate technical capability, the profitability of those initiatives isn't addressed. The geographic expansion through the Spain headquarters offers potential tax and talent advantages but adds organizational complexity to a relatively small company.

WISeSat.Space Creates WISeSat España SA Subsidiary to Lead European Space Projects from Andalusia and Build a 100% “Made in Europe” Solution Aligned With the IRIS² Strategy

Madrid / Geneva / La Línea, Cadiz – March 31, 2025 - WISeSat.Space, a pioneer in secure satellite connectivity solutions and part of the WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces the creation of its new subsidiary WISeSat España, headquartered in La Línea de la Concepción (Cádiz, Andalusia). This strategic decision represents a decisive step toward the consolidation of a fully European industrial and technological ecosystem in the space and quantum domains, in line with the digital sovereignty priorities defined by the European Union.

The choice of La Línea de la Concepción as the official headquarters of WISeSat España is no coincidence. This Andalusian city, located at a geostrategic point between Europe and Africa, is positioning itself as an emerging hub for technological innovation, thanks to its institutional will, international openness, and proximity to key logistical infrastructures.

Establishing WISeSat in La Línea makes the company a founding pillar of the project LL4GIR.COM, an ambitious public-private initiative aimed at creating a Center for the Fourth Industrial Revolution in southern Europe. This center will promote high-impact projects in artificial intelligence, quantum computing, blockchain, IoT, and space connectivity, transforming the region into a global benchmark for resilience, sustainability, and economic progress.

A 100% “Made in Europe” solution

The launch of WISeSat España aims to build a 100% European space value chain, combining technological sovereignty, security, sustainability, and autonomous access to space. The proposal is fully aligned with the principles of the IRIS² program (Infrastructure for Resilience, Interconnectivity and Security by Satellite), promoted by the European Commission to establish a satellite constellation ensuring secure connectivity across the continent.

The WISeSat España roadmap includes:

  • Manufacturing secure nanosatellites in collaboration with the Spanish company FOSSA Systems, where WISeKey is an investor, specializing in IoT and low Earth orbit communications solutions.
  • Launching satellites in partnership with PLD Space, a leading Spanish company in reusable rockets. The first launch is scheduled for early 2026, marking a milestone for European autonomy in space access.
  • Developing post-quantum processors in cooperation with QuantixS (Murcia) and SEALSQ (France) to ensure ultra-secure communications in the era of quantum computing.
  • Already operational, the installation of a satellite antenna in La Línea’s City Hall building, enabling direct connection with WISeSat satellites currently in orbit and serving as a local operations hub.
  • Incorporating WISeTalkie radio communication technology, developed by WISeKey and its partner Global Radio System (GRS), which ensures highly secure radio communications using advanced encryption, authentication protocols, and resistance to interference or unauthorized access. This innovation strengthens the security architecture of the WISeSat ecosystem at both space and ground levels.

A new paradigm of decentralized innovation

The model proposed by WISeSat España breaks with traditional centralized structures. Its vision is to create a decentralized network of European technological nodes, collaborating under principles of transparency, interoperability, resilience, and sovereign control. The La Línea node will serve as the secure space gateway for European institutions, companies, and citizens.

“At WISeSat, we firmly believe that Europe needs its own secure and resilient infrastructure to avoid dependence on external players in critical areas such as space or cybersecurity. With WISeSat España and our partnerships with FOSSA Systems, PLD Space, QuantixS, and SEALSQ, we demonstrate that a 100% European model is not only possible but necessary,” said Carlos Creus Moreira, Founder and CEO of WISeKey.

The January satellite, currently in orbit:
https://wisesat.wisekey.com/?tags=WISeSat
This launch builds on the previous success of WISeSat in collaboration with FOSSA Systems, which achieved the launch of 17 picosatellites to test the resilience and performance of its core technologies. These tests laid the foundation for the current generation of satellites, which, starting in June, will be equipped with more robust security protocols and post-quantum cryptographic infrastructure developed by SEALSQ.

WISeSat also announced a new strategic partnership with Skyroot Aerospace in India. This collaboration will diversify launch operations by enabling satellites to be deployed on alternative orbital trajectories, optimizing constellation coverage and efficiency. The alliance also includes the possibility of manufacturing satellites on Indian soil, to local specifications, further strengthening WISeSat’s global production and launch capabilities.

By the end of 2025, WISeSat satellites will be able to carry out transactions in SEALCOIN tokens with each other and with connected objects on Earth, forming a secure, autonomous mesh network for machine-to-machine (M2M) transactions. This innovation will create a financial and data exchange infrastructure in space, where connected machines will be digitally certified through a "Know Your Object" (KYO) protocol. The KYO process integrates Wecan technology and WISeKey’s WISeID platform, ensuring reliable identity and accountability throughout the ecosystem.

Each WISeSat satellite is built with:

  • Post-quantum cryptographic chips from SEALSQ
  • WISeKey Root of Trust and digital identity infrastructure (WISeID)
  • Hedera’s Distributed Ledger Technology (DLT) for decentralized, tamper-proof data integrity

This technological foundation positions WISeSat as a global leader in secure satellite-based IoT infrastructure.


Invitation to Collaborate

WISeSat España invites governments, universities, R&D centers, investors, and technology companies to join this transformative vision. The goal is to build together a new paradigm of smart economic development by integrating emerging technologies, specialized training, high-quality employment, and international cooperation.

About WISeSat.Space
WISeSat.Space 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, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

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

 

FAQ

When will WISeSat España (WKEY) launch its first satellite from the new Spanish subsidiary?

The first satellite launch from WISeSat España is scheduled for early 2026, in partnership with PLD Space.

How many satellites has WISeSat (WKEY) already launched in collaboration with FOSSA Systems?

WISeSat has successfully launched 17 picosatellites in collaboration with FOSSA Systems.

What is the timeline for WISeSat (WKEY) implementing SEALCOIN token transactions in space?

WISeSat satellites will begin conducting SEALCOIN token transactions by the end of 2025.

Which key technologies are integrated into each WISeSat (WKEY) satellite?

Each satellite includes post-quantum cryptographic chips from SEALSQ, WISeKey Root of Trust, WISeID infrastructure, and Hedera's DLT.

What is the strategic significance of WISeSat's (WKEY) new partnership with Skyroot Aerospace?

The partnership enables diversified launch operations and satellite manufacturing in India, optimizing constellation coverage and efficiency.
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