WISeSat.Space Featured on Swiss Radio Television: Pioneering Blockchain and Cryptocurrency Transactions from Space
16 November 2024 - 1:16AM
WISeSat.Space Featured on Swiss Radio
Television: Pioneering Blockchain and Cryptocurrency Transactions
from Space
Geneva, Switzerland – November 15, 2024 –
WISeKey International Holding (“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 its subsidiary, WISeSat.Space, which focuses on
space technology for secure satellite communication, specifically
for IoT applications, has garnered national attention with a
feature on Swiss Radio Television. The segment highlights the
upcoming launch of a next-generation satellite in January 2025,
marking a pivotal moment for Swiss innovation and global satellite
technology.
A World-First in Blockchain and Cryptocurrency
Innovation
The mission, powered by WISeKey’s
state-of-the-art security solutions and the Hedera network, will
pioneer the exchange of SEALCOIN from space, establishing a
proof-of-concept that redefines the boundaries of blockchain
integration. This marks the first-ever demonstration of secure
digital cryptocurrency transactions conducted from orbit, a
breakthrough that sets the stage for a new era of space-based
digital economies.
Secure Satellite Communication for a Connected
World
Beyond testing cryptocurrency transactions, this
next-generation satellite will showcase WISeKey’s leadership in
providing ultra-secure communication technologies for critical
infrastructure. The project emphasizes the integration of
blockchain with satellite technology, addressing the increasing
demand for secure and decentralized digital systems in space and on
Earth.
A Milestone for Swiss TechnologyAs part of
Switzerland’s growing leadership in aerospace and cybersecurity,
the WISeSat.Space mission contributes to the country’s reputation
for excellence in technological innovation. This project
underscores Switzerland’s commitment to combining its expertise in
precision engineering, security, and sustainability to lead in the
global space economy.
Feature on Swiss Radio TelevisionThe recent
coverage by Swiss Radio Television highlights the strategic
importance of this initiative, particularly in enhancing
Switzerland’s capability to support secure, decentralized
communication infrastructures. View the full article and broadcast
here: RTS Coverage.
Countdown to LiftoffWISeSat.Space is poised to
redefine the possibilities of secure communication and blockchain
technology from orbit. Stay tuned for further updates as we prepare
for this groundbreaking launch.
About WISeSat.SpaceWISeSat 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.
WISeKey is a Swiss-based computer infrastructure
company specializing in cybersecurity, digital identity,
blockchain, Internet of Things (IoT) solutions, and post-quantum
semiconductors. As a computer infrastructure company, WISeKey
provides secure platforms for data and device management across
industries like finance, healthcare, and government. It leverages
its Public Key Infrastructure (PKI) to ensure encrypted
communications and authentication, while also focusing on
next-generation security through post-quantum cryptography.
WISeKey's work with post-quantum semiconductors
is aimed at future-proofing its security solutions against the
threats posed by quantum computing. These advanced semiconductors
support encryption that can withstand the computational power of
quantum computers, ensuring the long-term security of connected
devices and critical infrastructure. Combined with its expertise in
blockchain and IoT, WISeKey's post-quantum technologies provide a
robust foundation for secure digital ecosystems at the hardware,
software, and network levels.
DisclaimerThis 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 LtdCompany
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 |
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