WISeKey’s WISeSat.Space is Pioneering IoT
Satellite Constellations for Climate Change Monitoring
In cooperation with FOSSA Systems,
WISeSAT.Space has successfully launched 17 low-orbit satellites;
currently developing a constellation of 88 additional low-orbit
satellites.
Launch of an enhanced WISeSat satellite
is planned for Q3 2024 using SpaceX.
Geneva, Switzerland – May 16, 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 announced that
through its subsidiary WISeSat AG, which focuses on space
technology for secure satellite communication, specifically for IoT
applications, is pioneering IoT satellite constellations aimed at
climate change monitoring.
In recent years, space technology has become a critical asset in
the global fight against climate change. Satellites are invaluable
for monitoring, modeling, and understanding various aspects of the
climate, biodiversity, and the changing states of oceans, forests,
and glaciers. Additionally, they play a pivotal role in
streamlining human activities to reduce greenhouse gas emissions,
better manage ecosystems, and promote biodiversity. WISeKey,
through its subsidiary WISeSat AG, is at the forefront of this
revolution with the creation of an IoT satellite constellation
aimed at climate change monitoring and other applications. In
cooperation with FOSSA Systems, WISeSAT.Space has successfully
launched 17 low-orbit satellites mainly aboard the SpaceX
Transporter Rideshare missions. The company is currently developing
a constellation of 88 additional low-orbit satellites to optimize
global coverage for SEALSQ Corp. (Nasdaq: LAES) IoT devices.
The Role of Satellites in Climate Change
MonitoringSatellites provide a unique vantage point from
which to observe the Earth's climate systems. They can collect data
on a wide range of environmental parameters such as atmospheric
temperatures, greenhouse gas concentrations, sea level rise, ice
cover, forest biomass, and more. This data is crucial for:
- Understanding Climate Patterns: Satellites help scientists
track and predict climate patterns, by providing insights into
long-term changes and immediate weather phenomena.
- Biodiversity Monitoring: By observing changes in habitats and
ecosystems, satellites aid in tracking biodiversity and detecting
changes that may indicate environmental stress including
deforestation.
- Ocean and Forest Monitoring: Satellites monitor the health and
extent of forests and oceans, which are vital for carbon
sequestration and regulating global temperatures.
- Disaster Management: Early warning systems for extreme weather
events and natural disasters, such as hurricanes and floods, are
made possible through satellite data.
WISeSat’s IoT Connectivity Solution
WISeSat AG has developed the first cost-effective and secure IoT
connectivity solution using picosatellites and low-power sensors.
This innovative approach aims to meet the needs of large IoT
deployments in various sectors, including smart farming, energy,
climate change monitoring, and logistics.
Key Features of WISeSat’s Solution:
- Cost-Effective Deployment: Picosatellites are smaller and more
affordable to launch compared to traditional satellites, making IoT
connectivity more accessible.
- Global Coverage: The constellation of picosatellites ensures
IoT connectivity anywhere on Earth, providing a reliable network
for data collection and transmission.
- Low-Power Sensors: Designed to operate with minimal power
consumption, these sensors can function in remote and off-grid
locations, making them ideal for environmental monitoring.
- Secure Communication: Leveraging WISeKey’s expertise in
cybersecurity, WISeSat ensures that data transmitted through its
network is secure and protected from unauthorized access.
Applications in Climate Change Monitoring
WISeSat’s IoT satellite constellation offers numerous
applications that contribute to climate change mitigation and
adaptation:
- Technology-Based Adaptation Solutions: These include
early-warning systems for extreme weather events, which can save
lives and reduce economic losses by providing timely alerts and
accurate forecasts.
- Environmental Monitoring: Continuous monitoring of
environmental parameters enables the detection of changes in
real-time, allowing for prompt action to address emerging
issues.
- Improved Forecasting: Enhanced forecasting capabilities help in
planning and implementing measures to mitigate the impacts of
climate change on vulnerable communities and ecosystems.
- Data for Policy Making: High-quality data generated from
WISeSat’s constellation and later analyzed by AI supports informed
decision-making and policy formulation aimed at addressing climate
change.
Launching an Enhanced WISeSat Satellite
WISeKey and WISeSat AG are collaborating on plans to launch an
enhanced WISeSat satellite in Q3 2024 using SpaceX. The upgraded
WISeSAT.Space satellite will be equipped with SEALSQ 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 and is currently
developing a constellation of 88 additional low-orbit satellites to
optimize global coverage for SEALSQ IoT devices.
Business Model: IoT Connectivity as a
Service
WISeSAT.Space’s business model is centered on providing global
satellite-based secure IoT connectivity as a service. This includes
providing the satellite platform, launch, integration, ground
station services, and all security architecture and components as
part of a comprehensive SaaS solution for low-power, secure
space-based IoT connectivity.
Earth Observation (EO) and Real-Time
Analysis
The commercial satellite industry, with its Earth Observation
(EO) satellites, remote sensors, and real-time data analysis
capabilities, is uniquely positioned to facilitate climate goals.
EO satellites can capture detailed images and data that provide
insights into environmental changes. For example, they can identify
which energy providers emit the most CO2 or track the rapid melting
of Arctic ice and illegal deforestation in Amazon. While the
potential of EO satellites is vast, several challenges need to be
addressed to maximize their impact on climate change:
- Financial Barriers: Funding the development and deployment of
satellite constellations is expensive. Collaborative efforts
between governments, private sector stakeholders, and international
organizations are crucial to secure necessary investments.
- Communication Barriers: Ensuring that satellite data is
accessible and understandable to all stakeholders, including
policymakers, researchers, and the public, is essential for
effective action.
- Policy Barriers: Developing and enforcing policies that
encourage the use of satellite data for climate action can drive
more widespread adoption and integration of this technology.
- Technology Barriers: Continuous advancements in satellite
technology, data processing, and sensor capabilities are necessary
to enhance the precision and utility of the data collected.
Integrating Geospatial Data with Climate
Models
One of the most promising applications of WISeSat satellite data
is the integration of geospatial data with global climate models.
This combination can provide detailed estimates of the long-term
effects of climate change on specific regions. For instance, soil
carbon monitoring can estimate the carbon stored in soil,
demonstrating the impact of regenerative agriculture practices like
cover cropping, reduced tillage, and crop rotation. By using
satellite data to monitor soil carbon, stakeholders can better
understand the effectiveness of different agricultural practices in
sequestering carbon and improving soil health. This information is
critical for promoting sustainable farming practices that
contribute to climate change mitigation.
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 WISeKeyWISeKey
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 selling integrated
solutions based on semiconductors, PKI, and Provisioning services,
while developing Post-Quantum technology hardware and software
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. 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.
Press and investor contacts:
WISeKey
International Holding Ltd Company Contact:
Carlos MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com |
WISeKey
Investor Relations (US) The Equity Group Inc.Lena
CatiTel: +1 212 836-9611 / lcati@equityny.comKatie MurphyTel: +1
212 836-9612 / kmurphy@equityny.com |
Disclaimer:This communication
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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
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Investors must rely on their own evaluation of WISeKey and its
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contained herein is, or shall be relied on as, a promise or
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