WISeKey Announces Creation QUANTIX EDGE
SECURITY Joint Venture with SEALSQ, ODIN Solutions, and
TProtege
Creates an innovative Cybersecurity and
Semiconductor Customization Center, currently in advanced
negotiations for PERTE Chip funding with the Spanish
Government
Geneva, Switzerland / Murcia, Spain - June 20,
2024: In a strategic move that establishes a new milestone in the
global cybersecurity and semiconductor landscape, WISeKey
International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY)
and its subsidiary SEALSQ Corp (“SEALSQ”) (NASDAQ: LAES), leaders
in cybersecurity, artificial intelligence (AI), blockchain,
semiconductors, PKI, and post-quantum technology, announced today
the signing of an agreement with ODIN Solutions (“ OdinS”) and
TProtege, leading companies in Internet of Things (IoT) and
security, to create a joint venture, QUANTIX EDGE SECURITY
(“Quantix EdgeS”), in the Region of Murcia.
Quantix EdgeS is a collaborative effort, with
joint venture partners, OdinS and TProtege holding a 50% stake, and
the remaining 50% being held between WISeKey and SEALSQ. The joint
venture is currently in an advanced stage of negotiations with the
Spanish Government to obtain funding from under Spain's Strategic
Project for the Economic Recovery and Transformation of
Microelectronics and Semiconductors (PERTE Chip). This powerful
consortium aims to foster the development of a globally recognized
semiconductor center known for its advancements in
cybersecurity.
The Quantix EdgeS joint venture between WISeKey,
SEALSQ, OdinS, and TProtege will be at the forefront of enhancing
Spain's cybersecurity and semiconductor capabilities. Quantix
EdgeS, the result of this collaboration, aligns with the Spanish
strategy, emphasizing the importance of cybersecurity,
semiconductors, and digital transformation in building a
diversified and sustainable economy, where Artificial Intelligence
and secure network systems will be central elements. The proposal
to turn Spain into a global center for cybersecurity and
semiconductor technology manufacturing, especially through the
enhancement of cybersecurity, semiconductor, and space industries,
marks a significant shift in the country’s economic diversification
efforts and places the Region of Murcia at the most advanced
technological level.
Quantix EdgeS is fully aligned with the EU
strategy to revive its semiconductor ecosystem, initiated in
February 2022 with the ‘Chip Act’. Member states have launched
national initiatives that will allow Europe to mobilize €43 billion
in the coming years. One of the most ambitious is Spain's PERTE
Chip, driven by the Spanish Government through the Secretary of
State for Telecommunications and Digital Infrastructures.
The PERTE Chip aims to strengthen the design and
production capabilities of the national microelectronics and
semiconductor industry. It is expected to mobilize public
investment of €12.25 billion until 2027 to turn Spain into a global
chip hub, its comprehensive approach will strengthen and develop
the links of a complex value chain in Spain. It is the largest
PERTE among the dozen approved by the government as part of the
Recovery, Transformation, and Resilience Plan (PRTR), generating an
unusual focus of attention on a technological program.
Quantix EdgeS aims to quickly establish itself
as a key player in the sector, focusing on critical sectors for
Spain's future growth. These include smart cities, IT
infrastructures, smart embedded systems, and their impact on 5G/6G
networks and the rest of the industrial sector, smart agriculture,
transportation, commerce, banking, the automotive industry,
consumer products, and the health sector. The joint venture is
essential for driving the country towards achieving its ambitious
goals because it leverages WISeKey's global expertise in
cybersecurity and digital technologies along with the deep market
knowledge of SEALSQ in the development and sale of semiconductor
hardware and software products, PKI (Public Key Infrastructure),
and post-quantum technology, OdinS's capacity for innovation in the
areas of IoT, smart cities, precision agriculture, and AI applied
to critical infrastructures and system security, and the strong
regional presence through collaboration with TProtege.
The operational success of Quantix EdgeS
demonstrates the commitment to providing cutting-edge cybersecurity
solutions, secure communication, and IoT infrastructure betting on
Post-Quantum technologies and their inclusion in microchips and
devices. This company not only supports the digital transformation
of Spain but also enhances its competitive advantage by attracting
investments and fostering innovation within the digital economy.
The short-term goal of Quantix EdgeS is to develop a Cybersecurity
and Semiconductor Customization Center through Public-Private
Partnerships (PPP) in Murcia through the possibilities offered by
PERTE Chip. This pioneering initiative aims to mitigate the global
dependency on semiconductor manufacturing and strengthen microchip
implementation capabilities.
Quantix EdgeS also represents a commitment to
creating a hub of technological innovation in cybersecurity and IoT
devices, smart devices, and their application in new scenarios of
5G/6G networks, the development of RISC-V based solutions, the
development of certification systems for the security of smart
devices, as well as the attraction of high-value-added talent.
About ODIN Solutions
Odin Solutions (OdinS) is a small and
medium-sized enterprise (SME), founded in August 2014 and
accredited as an innovative ICT company (EIBT) by MINECO and ANCES.
OdinS works in the IPv6 fields of Internet of Things, Big Data and
Security. OdinS staff has extensive experience in research and
development of integrated IoT systems and Big-Data platforms for
water/energy efficiency, security and infrastructure remote
management. OdinS holds several patents in the area of monitoring
and telecontrol systems. OdinS provides open, flexible and
interoperable products capable of connecting infrastructure and
mobile platforms for Smart Cities and Energy Efficient
Buildings.
OdinS has also been in the development of security certification
solutions for IoT systems since its inception and more recently in
the development of systems based on RISC-V, European cutting-edge
technology for open systems and therefore aligned with the new
needs marked by the European initiatives of NIS2 and CRA (Cyber
Resilience Act).
The multidisciplinary and entrepreneurial team at OdinS works
every day to face the new challenges of an increasingly connected
and technological society. Therefore, OdinS is a member of the
International IoT Forum and AIOTI (Alliance for Internet of Things
Innovation). In addition, OdinS actively participates in different
standardization working groups such as Smart Cities, Architectures
and Standards. OdinS considers collaborative R&D projects as
the best investment to achieve more competitive products and
solutions. For more information, visit www.odins.es
About SEALSQ
SEALSQ is a wholly owned subsidiary of the
WISeKey Group that focuses on developing and selling
Semiconductors, PKI and Post-Quantum technology hardware and
software products. Our Post-Quantum solutions include Post-Quantum
microchips and devices that can be used in a variety of
applications, from Multi-Factor Authentication devices, Home
Automation, and IT Network Infrastructure, to Automotive,
Industrial Automation and Control Systems.
Post-Quantum Cryptography (PQC) refers to
cryptographic methods that are secure against an attack by a
quantum computer. As quantum computers become more powerful, they
may be able to break many of the cryptographic methods that are
currently used to protect sensitive information, such as RSA and
Elliptic Curve Cryptography (ECC). PQC aims to develop new
cryptographic methods that are secure against quantum attacks. For
more information, visit www.sealsq.com.
About TProtegeTProtege has an
important regional presence in the security and control systems
market, with relevant involvement in the application of the latest
technologies for customized solutions focused on the best customer
service, with the aim of being a benchmark in ICT integrated into
the audiovisual sector in general and in security and control in
particular. It is a leading company in technology-based systems
that offers audiovisual engineering, surveillance, environmental
monitoring and management, access control and logistics security
services. For more information, visit www.tprotege.es.
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 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.Press and investor
contacts:WISeKey International Holding Ltd Carlos
MoreiraChairman & CEOTel: +41 22 594
3000info@wisekey.com
WISeKey Investor Relations (US) The Equity Group Inc.Lena
Cati212 836-9611 / lcati@equityny.comKatie Murphy212 836-9612 /
kmurphy@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 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.
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